CFO / Head of Finance

7 out of 10 VC-backed companies hire their first CFO after the B round, and at sub $25M in revenue. - SPMB Executive Search

It’s important to match the experience of the CFO to the size of the company. - HighFlyer Agency

The CFO becomes necessary when the size of the company falls within a range of 30 to 50 people, beyond 60 it is imperative to recruit one. Cyril, XAnge Investor

It is better to have an experienced RAF or Head of Finance who arrives early in the life of the company, rather than a junior CFO. Nicolas, XAnge Investor

For example at Treefrog, they hired a full-time CFO after raising a €7M round. Guilhem, XAnge Investor

A CFO must be present as soon as possible for successful raises. A part-time CFO can be a good solution for teams under 50 people. Alexis, XAnge Investor