Graphite Financial: Company Research Report

Company Overview

• Name: Graphite Financial

• Mission of the Company: Graphite Financial aims to provide startups with clean books, strategic guidance, and industry-specific accounting services. They emphasize quality bookkeeping, fractional CFO, and tax services especially tailored for high-growth companies, born out of a venture capital fund.

• Founded: 2016

• Founder: Paul Bianco, former VC at ff Venture Capital and investor in Plated and Distil Networks.

• Key People in the Company:

• Paul Bianco (Founder, CEO)

• Jocelyn Wilson (COO)

• Chris Mossa (Chief Strategy Officer)

• Josh Leider (Head of Growth)

• Benjamin Friedman (Head of Customer Success)

• Michael Smith (Managing Director, Tax)

• Heather Stein (Managing Director, Finance)

• Headquarters: New York, NY, USA

• Number of Employees: No information is available

• Revenue of the Company: No information is available

• What is the Company Known For: Graphite Financial is known for being a leading startup accounting firm, providing comprehensive accounting, CFO, and tax services specifically tailored to the needs of startups. They support their clients from seed through exit with a focus on scalability.

Products and Services

Accounting and CFO Services

• Startup Accounting Services: Complete services covering bookkeeping, client invoicing, accounts payable, financial reporting, and more.

• Fractional CFO Services: Includes cash flow management, fundraising, scenario planning, and strategic financial support.

• Financial Modeling & Planning: Development of financial models and forecasting tools tailored to startup needs.

• Tax & Compliance: Comprehensive tax compliance and filing services including federal and state returns, 1099s, and franchise taxes.

Industry-Specific Solutions

• SaaS & Tech

• CPG & eCommerce

• HealthTech & Healthcare

• AI Startups

• Web3, Crypto & DeFi

Key Features

• Financial Reporting: Provides robust, monthly financial reports that are compliant and ready for operating and growth decision-making.

• Tech Stack Setup: Implements scalable accounting tech stacks tailored for startup growth.

• Fundraising Support: Offers comprehensive support for fundraising activities including financial model preparation and investor communication.

• Taxation Services: Manages income and sales tax compliance, leverages R&D tax credits, and handles franchise and foreign taxes.

Recent Developments

• Recent Developments: Graphite Financial continues to enhance its service offerings including the launch of a Business Intelligence Dashboard to allow visualization of important financial and non-financial metrics for clients.

• New Products Launched: No specific new product launches mentioned.

• New Features Added: Enhancements to financial reporting and tax compliance services, especially related to adapting to the needs of growing sectors like SaaS, CPG, and AI.

• New Partnerships: No information is available

Summary

Graphite Financial stands out in the market as a comprehensive financial solutions partner for startups, combining accounting with strategic guidance. With a team founded in venture capital roots, they emphasize industry-specific solutions that are tailored to meet the complex needs of growing companies across various technology sectors, providing them scalability from seed to exit. The firm leverages its extensive expertise to deliver robust financial planning, CFO services, and seamless tech integration to empower startups towards financial clarity and success.