Brightwater Labs was audit-ready for its Series B in 11 weeks.
11 weeks
From kickoff to clean audit opinion
$24M
Series B closed on schedule
0
Material audit adjustments
The challenge
Two earlier attempts at an audit had stalled. Investors wanted audited numbers before the round closed. The owners were making decisions on numbers that were weeks old, and nobody fully trusted them.
Our approach
We started with a two-week diagnosis, cleaned up the history and set a fixed close calendar. Then we added audit readiness and fractional CFO support so the team had both reliable books and someone to plan with.
The results
11 weeks: from kickoff to clean audit opinion. $24M: series b closed on schedule. 0: material audit adjustments.
Investors stopped asking about the numbers and started asking about the plan.
Elena Brooks
Founder & CEO
Client
Brightwater Labs
Industry
SaaS & Tech
Services
Audit Readiness, Fractional CFO
Timeline
11 weeks
