Virtual CFO
Investor reporting
Investors backing a company operating across the EU get a euro update on a fixed schedule, built from whatever entities have already closed for that period, rather than a report assembled the week it happens to be due, with cap table figures reconciled against your legal records.
13-week cash forecast
Illustrative client · August 2026
EUR
- Cash today
- €244,220
- Lowest week ahead
- 239,800
- Largest outflow
- Payroll, 46,300
Illustrative. An example of the document, not a client's figures.
A cadence investors can plan around
Once outside capital is in the business, a recurring update is expected: monthly while a board is still forming, quarterly once governance is more settled. We keep the template consistent period over period, so a reader knows exactly where to find the number they came looking for, without a fresh layout to decode each time.
What actually goes in
Revenue, gross margin, burn and runway cover most updates, though the exact set shifts with stage and with what your particular investors track. Every figure is pulled from closed accounting records for that period, consolidated across entities where the business trades in more than one member state, not estimated to hit a reporting deadline.
Cap table figures, handled carefully
We reconcile the numbers used in reporting against your legal cap table. Because cap table tools often sit outside the EU, any personal data behind that reconciliation moves under signed Standard Contractual Clauses with a transfer impact assessment on file. A board deck, when one is needed, is built from the same source figures as the written update.
Built around the relationship you already have
This does not require us to have built your original raise model, though it pairs naturally with fundraising financial models ahead of a future round, and with KPI design for the metrics that overlap between what investors see and what your own team tracks day to day.
Questions
Frequently asked questions: Investor reporting
How often should an update go out?
Monthly while a board is still forming, quarterly once governance is more settled, is a common pattern. We build to whatever cadence you have already committed to.
Do you handle the cap table itself?
We reconcile the figures used in reporting against your legal cap table. The cap table platform and its administration usually sit with legal counsel.
How is data kept safe when it reaches your team?
Standard Contractual Clauses plus a transfer impact assessment cover any personal data involved. Full detail is in our privacy policy.
Can local co-investors get a country-specific breakout?
Yes, alongside the consolidated euro view, where a local board or co-investor wants entity-level detail added.
Can the update include qualitative commentary, not just metrics?
Yes, most investor updates pair the metrics with a short written narrative on what happened and what is coming next, which we draft with you rather than sending numbers with no context attached. We confirm the format with you before the first update actually goes out.
What metrics do investors usually expect?
Revenue, gross margin, burn rate, runway and growth are the common core; we tailor the set to your stage and what your specific investors track.
Can you also manage the cap table?
We reconcile cap table figures used in reporting against your legal cap table records. Cap table administration itself sits with your legal counsel or a platform like Carta.
How often should investor updates go out?
Monthly is common for early-stage companies; quarterly is more typical once a board is formally in place. We build to whichever cadence you have committed to.
Who reviews the work before it reaches us?
Every deliverable under investor reporting is reviewed by a senior reviewer before it reaches you. You keep access to the underlying file at every stage, so nothing about the work happens somewhere you cannot see it.
Related services
- Virtual CFOFundraising financial modelsA financial model built for a raise: historical actuals, a growth-driven forecast, and the assumptions an investor will want to pressure-test.
- Virtual CFOKPI designA short list of the numbers that actually run your business, defined once and tracked consistently, instead of a dashboard nobody opens.
- Virtual CFOFractional CFOA senior finance lead who works your numbers on a part-time basis: monthly reviews, board and investor prep, and a second opinion before a big decision.
Industries
Next step
Talk to the team that would run your books
A short call covers your setup, your software and what a first month would look like. You get a written scope and price after it.