Series A Funding: Post-Round Activities, Duties, & Key Considerations
You’ve finished with your Series A funding, congratulations! After months of pitching, iterating, and negotiating, the money is in the bank. Now the real work begins: turning capital into momentum and showing your investors that you can grow responsibly.
The early post-raise phase moves quickly. You’re hiring, building, shipping, and planning the next round of milestones. It’s easy to put financial operations on the back burner, especially if things “worked fine” up to this point.
But here’s the reality: what got you through Seed won’t hold up now. You need more structure, more visibility, and better tools to make smart decisions at speed. Thankfully, you’re not alone.
Series A Funding for Startups: Post-Round Activities, Duties, & Key Considerations
- Make sure your financial foundation is solid
- Ensure financial models accurately reflect company operations
- Align on budgeting and involve multiple departments
- Set up measures to track spending profile ongoings
- Plan for audit readiness and investor communications
- Consider fractional support
1. Make sure your financial foundation is solid
Start with your books. If you’ve been relying on quarterly cleanups or cash-basis bookkeeping for series A funding, now is the time to shift. Your team needs monthly financials they can trust. Investors will want to see actuals and burn reports.
A proper close process, a thoughtful chart of accounts, and GAAP-compliant practices help you move fast without breaking things.
Ensure financial models accurately reflect company operations
Next, your financial model needs to reflect how the company actually operates. That means a rolling forecast that ties spending and hiring to milestones, updated with real data, not just assumptions.
You don’t need a 50-tab spreadsheet. You do need a forecast that helps you answer basic but critical questions:
- When will you run out of cash?
- What is the revenue target to support this headcount plan?
- How close are you to plan versus actual?
Align on budgeting and involve multiple departments
Budgeting should become a team sport. After finishing with your Series A funding, your department leaders need to understand what they can spend and what they’re responsible for tracking — now more than ever. That starts with giving them access to the right numbers, then aligning on a budget you review together.
This isn’t about control for the sake of it. It’s about making sure your team can scale without constantly coming back to you for approvals or playing guessing games.
Set up measures to track spending profile ongoings
After Series A funding is completed, expect your spending profile to change fast. New hires, upgraded software, travel, pilots, tools, and vendors add up quickly. Without tracking systems in place, it’s easy to wake up one day and realize you’re six figures over your target burn.
Tools can help here, but more important is building a culture where visibility is valued. Founders who know what they’re spending each month sleep better and fundraise smarter.
Plan for audit readiness and investor communications
Once Series A funding wraps up, it’s a good time to get ahead of future audits or investor requests. Organize contracts. Review how you’re recognizing revenue. Tighten up payroll processes. Even if an audit isn’t required yet, acting like it will be makes your life easier later.
Consider fractional support
If a full finance team feels out of reach after your Series A funding wraps up, consider fractional support. A part-time controller or finance lead can help you build the right systems, prep for board meetings, manage your model, and keep the books tight without adding unnecessary overhead.
You don’t need to solve for everything all at once, but you do need to start putting the right scaffolding in place.
Final Thoughts on Series A Funding for Startups: Post-Round Activities, Duties, & Key Considerations
Series A funding is often when companies start to grow faster than their infrastructure. The good news is, your financial foundation doesn’t need to be perfect. It just needs to be solid enough to support good decisions, clear communication, and the path to your next round.
The earlier you invest in that foundation, the fewer messes you’ll have to clean up later.
At Kranz, we help startups and emerging growth companies build the financial foundation they need to scale confidently. Whether you’re navigating your first board meeting, reworking your financial model, or preparing for an audit, our team brings the right mix of strategy, structure, and hands-on support that scales with you.
From CFO advisory and budgeting to financial reporting and diligence prep, we deliver expert guidance at a fraction of the cost of a full-time hire. This way, you can focus on growing your business without sacrificing visibility.
Contact us or learn more about how we can partner for growth here.
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