Finance
Strengthening Financial Foundations at ClearFit
Scaling Bookkeeping, Accounting and Fractional CFO Support
Introduction
ClearFit is an HR tech startup with a unique predictive analytics platform. When they needed strategic financial guidance and practical support to help the management team navigate their next financing round, BrightIron stepped in with Bookkeeping, fractional Controller, and CFO services—giving ClearFit exactly the financial horsepower they needed to keep scaling.
The Challenge
ClearFit needed a strategic financial partner to enhance its existing finance capabilities and support the management team through crucial debt and equity financing rounds. The company required robust bookkeeping services, efficient financial processes, clear consolidated financial reporting, and insightful Board and investor reporting.
Additionally, ClearFit sought experienced financial leadership and oversight to effectively manage and scale their finance function.
Our Solutions
BrightIron stepped in to augment ClearFit’s finance team with comprehensive bookkeeping services, developing efficient financial processes and accurately managing the entry of all financial transactions into their accounting system. We provided experienced financial leadership, ensuring effective oversight and strategic guidance across the finance function.
Our team played an essential role in assisting ClearFit through successful debt and equity financing initiatives, preparing them thoroughly for investor discussions and due diligence. BrightIron also delivered clear and accurate consolidated financial reporting, equipping the management team with critical insights for decision-making.
Additionally, we provided consistent and insightful Board and investor reporting support, strengthening stakeholder confidence through transparent and timely financial information.
