# From first check to first audit to first acquisition.

> Every round brings a new set of firsts: your first board, your first hire in a new state, your first audit. We’ve done each of them before, so you don’t do them alone.

## Seed

Set up books your Series A investors will trust.

**You’re here when:**

- You’ve just closed your first priced round
- Your books started in a spreadsheet or a basic accounting app
- You owe investors a monthly update
- You’re making your first hires, and paying contractors

**Every month, you get:**

- Monthly financial package
- ARR, burn and runway dashboard, updated
- An investor update, drafted and ready to send
- Payroll run and reconciled to the books
- Contractors paid, with W-9s on file for year-end 1099s
- Company cards reviewed against your spend policy

**What Cabot runs:**

- [Accounts Payable](/services/accounts-payable.md)
- [Bookkeeping](/services/bookkeeping.md)
- [Business Taxes](/services/business-taxes.md)
- [Historical Cleanup](/services/historical-cleanup.md)
- [People Operations](/services/people-operations.md)

## Series A

Your first real board deserves a real board pack.

**You’re here when:**

- Your board now includes investor directors
- Investors ask about GAAP revenue, not just ARR
- You’ve hired in a second or third state
- You’re spending on R&D you could get credited for

**Every month, you get:**

- Board pack: financials, burn, runway and KPIs
- Budget versus actual, by department
- ARR and revenue, reported the way investors expect
- Draft investor update, ready to send
- Payroll run in every state you employ in
- New hires onboarded, enrolled in benefits and registered in their state
- Benefits Administration, enrollments and changes processed

**What Cabot runs:**

- [Accounts Payable](/services/accounts-payable.md)
- [Accounts Receivable](/services/accounts-receivable.md)
- [Bookkeeping](/services/bookkeeping.md)
- [Business Taxes](/services/business-taxes.md)
- [Fractional CFO](/services/fractional-cfo.md)
- [R&D Tax Credit](/services/rd-tax-credit.md)
- [Compliance](/services/compliance.md)
- [People Operations](/services/people-operations.md)

## Series B

Scale finance without hiring a finance team yet.

**You’re here when:**

- Your first audit is on the calendar
- A second entity, or your first team abroad
- You’re paying hundreds of bills a month, and approvals need a workflow
- Department heads need budgets they own
- You’re debating your first controller

**Every month, you get:**

- Board pack: financials, burn, runway and KPIs
- Forecast and hiring plan updated from actuals
- Balance sheet schedules kept current, so audit fieldwork isn’t a scramble
- Draft investor update, ready to send
- Bills routed for approval and paid on schedule
- Software seats and renewals reviewed before they bill
- Annual reports, licenses and registrations filed on time

**What Cabot runs:**

- [Accounts Payable](/services/accounts-payable.md)
- [Accounts Receivable](/services/accounts-receivable.md)
- [Audit Support](/services/audit-support.md)
- [Business Taxes](/services/business-taxes.md)
- [Fractional CFO](/services/fractional-cfo.md)
- [Fundraising](/services/fundraising.md)
- [R&D Tax Credit](/services/rd-tax-credit.md)
- [Back Office](/services/back-office.md)
- [Compliance](/services/compliance.md)

## Series C and beyond

Tender offers, acquisitions and annual audits, handled.

**You’re here when:**

- Annual audits are routine
- Late-stage investors or acquirers are running diligence
- Employees are asking about selling shares
- You’re starting to build an in-house finance team

**Every month, you get:**

- Consolidated financials across every entity
- Board pack with department P&Ls and unit economics
- A close binder with support for every balance
- Stock comp expense and cap table reconciled, ready for a tender
- Payroll and registrations across every entity, state and province
- Filings and registrations tracked for every entity and state
- Insurance and vendor renewals decided before they hit

**What Cabot runs:**

- [Accounts Payable](/services/accounts-payable.md)
- [Accounts Receivable](/services/accounts-receivable.md)
- [Audit Support](/services/audit-support.md)
- [Business Taxes](/services/business-taxes.md)
- [Fractional CFO](/services/fractional-cfo.md)
- [Fundraising](/services/fundraising.md)
- [Back Office](/services/back-office.md)
- [Compliance](/services/compliance.md)

## The same team at every stage. It just gets bigger.

- **Agents.** Automates routine work across finance and operations, as it happens
- **Your accountant.** Reviews and signs off every number before it reaches you
- **Your Forward deployed operator.** Runs payroll, compliance and the back office
- **Your fractional CFO · from Series A.** Builds the plan and sits with your board

Raising soon? Get your books clean before your seed closes with [Historical Cleanup](https://cabot.finance/services/historical-cleanup).
Haven’t raised yet? [Start with the pre-raise checklist](https://cabot.finance/pre-raise-checklist/).