From Zero to Audit-Ready: BrightIron Builds Finance Infrastructure for Deep Genomics

Deep Genomics is a biotech startup using AI, RNA biology and automation to rethink how drugs are developed. As a growing company, they needed help building out their accounting processes and policies from the ground up—plus ongoing support to keep their books accurate and their financials in order. That’s where BrightIron came in. We helped lay the foundation for a finance function that could keep up with their innovation.

As an early-stage biotech company, Deep Genomics needed to build a solid financial foundation to support its growth and innovation. With no internal finance team in place, they required support setting up their accounting systems, implementing processes and controls, and ensuring their financial data was accurate and audit-ready. They were also preparing for their first annual external financial audit and needed expert guidance to get everything in shape.

BrightIron came on board to handle Deep Genomics’ bookkeeping and accounting needs from the ground up. We implemented QuickBooks Online along with a tailored finance tech stack to streamline day-to-day financial operations.

To give the company better visibility into its finances, we developed and rolled out a customized chart of accounts, designed specifically to support strategic decision-making. Our team handled the accurate entry of all financial transactions and established clear financial processes and internal controls to ensure consistency and compliance.

When it came time for the company’s first annual external audit, BrightIron supported Deep Genomics every step of the way—ensuring they were fully prepared and that the process ran smoothly.