Client Profile:
A fast-growing clean-tech startup with clean books and early-stage traction
(Proposed funding: $1.4M USD, led by an anchor angel investor)
Engagement Scope:
An investor group engaged CFO Pulse to validate the financial statements, ratios, and compliance posture of the company before committing to a seed round.
CFO Pulse Approach:
📊 1. Financial Statement & Ratio Review
- Analyzed 4 years of financial performance, covering profitability, liquidity, solvency, and efficiency ratios
- Identified positive movement in working capital efficiency and operational gearing
- Verified pitch deck alignment with audited financials
📋 2. Compliance & Internal Control Check
- Reviewed statutory compliance: GST, TDS, income tax, and ROC filings
- Identified a minor unreconciled GST variance (~₹9 lakh) and advised corrective action
- Conducted data checks for bank balances, sales invoices, and asset capitalization
✅ 3. Transparency & Growth Readiness
- Confirmed forecast logic in the startup’s 3-year growth model
- Advised the investor group on margin sustainability and operating leverage dynamics
- Delivered a report that validated the company’s financial hygiene and scalability potential
Tangible Results:
- Angel group proceeded with confidence, leading to a successful funding closure
- Minor issues were disclosed transparently, building investor trust
- Financial discipline and controls were validated as funding-ready
- The due diligence enabled a smooth investor onboarding process
