I started my career in consulting before a detour into an entrepreneurial venture inspired me to choose a different path. As the head of finance at four startups, I developed a deep passion for company-building but was frustrated by the risk and inefficiency of running finance in smaller companies. Propeller Industries is not licensed by the state of California and the accounting services being offered do not require a state license. With experienced talent in specialized roles and the flexibility to adapt as your needs evolve, we are your long-term partner in growth. Propeller’s proprietary crypto financial statements give you unparalleled transparency into your digital asset holdings. Our mission is to help clients maintain financial viability in the present while taking a proactive approach to achieve future goals.
Vice President of Finance & Blockchain Practice Area Lead
But managing your company’s finances requires multiple skillsets across different roles with inconsistent workflows. Today, my original vision has come to fruition, as our global team surpasses 350 full-time people who have served over 1,000 companies and counting, including some of the world’s most successful startups. Need support with trade spend, cash flow, inventory management, accounting, or forecasting? No one has scaled more CPG brands through double-digit millions than Propeller.
How to Calculate Burn Rate for Startups
You can count on us to help you professionalize your finances, avoid mistakes, amplify your line of sight, and win on shelf. We provide professionalized accounting solutions through US and international resources that assist growing companies with scaling effectively and moving past dated processes. Our team of highly-skilled accountants will set up and manage your digital stack and related workflows to improve and streamline your business operations. As our clients raised billions in venture capital, my colleagues and I bootstrapped Propeller through twelve years of rapid, organic growth. We worked to narrow our focus as we methodically integrated learnings from each client experience into our service model, in the belief that Propeller’s work should get better as the firm got bigger. In 2020, we partnered with Newlight Partners for a growth equity investment to help us accelerate faster and bring more tech-enablement to the company to unlock our full potential.
Strategic Financial Services for High-Growth Companies
This requires open communication to reach an understanding of our clients’ needs through research and sound analysis. Pellegrino, Saccomani & Wells, CPA’s, LLP is dedicated to meeting these goals with high standards of excellence and professionalism. We have been a staple of the area’s business community for years, and pride ourselves on the level of esteem we have earned.
Our service is anchored by a best-in-class technology platform, coupled with unparalleled data and workflow optimization tools, giving you the visibility and confidence to make smarter decisions. I launched Propeller Industries in 2008 as it became clear that cloud software and digital documents would make it feasible to decouple financial work from the physical location of each company. Gain the financial visibility and discipline you need to maintain a profitable, high-growth company. Propeller’s team of skilled advisors will guide you through budgeting, utilization, cash management, bank lending, and more – so you can serve your clients, lead your talent and manage your business with confidence.
We’re builders, entrepreneurs, and problem-solvers who draw our inspiration from the incredible leaders we serve. We are more than just an outsourced CFO and accounting provider; we are a growth partner for our clients. With a best-in-class technology platform and unparalleled data and propeller accounting workflow optimization tools, we give founders the visibility and confidence to make smarter decisions. For your business to scale proactively, you need clear, accurate, and updated acounting for startups. In other words, accounting is fundamental to every initiative your company takes.
- So whether you need a single startup accountant or an established team, we’ll ensure your support is curated for your growth targets, business model, and industry.
- With a best-in-class technology platform and unparalleled data and workflow optimization tools, we give founders the visibility and confidence to make smarter decisions.
- Propeller’s proprietary crypto financial statements give you unparalleled transparency into your digital asset holdings.
- Trust Propeller to help you break down blockchain’s complex financial and regulatory framework and ensure you’re compliant with industry-specific rules and regulations.
- We worked to narrow our focus as we methodically integrated learnings from each client experience into our service model, in the belief that Propeller’s work should get better as the firm got bigger.
- In other words, accounting is fundamental to every initiative your company takes.
- I started my career in consulting before a detour into an entrepreneurial venture inspired me to choose a different path.
The DTC landscape has transformed over the last several years, and our team has been on the front lines navigating these changes. You can count on Propeller to help you balance cash flow and customer acquisition by leveraging the lessons we’ve learned while serving some of the most iconic e-commerce brands of the last decade. Since our founding in 2008, we’ve been proud to partner with over 1,000 leading companies across diverse industries, including 15 unicorns. https://www.bookstime.com/ Are you an investor interested in learning how we can work with your portfolio companies, looking to provide a referral, or inquiring about a partnership? Build financial stability and visibility to move your business forward. These examples are programmatically compiled from various online sources to illustrate current usage of the word ‘propeller.’ Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
Chief Financial Officer & CPG Practice Area Lead
Avoid mistakes and accelerate growth with our pattern recognition experts. The Propeller team brings you years of experience in both blockchain and finance. Turn financial management from a back-office function into a leading-edge benefit. Propeller’s next-level modeling tools help streamline your budgeting and forecasting process. Since we had the right systems and processes in place and an experienced partner like Propeller at Sir Kensington’s, I could focus on other areas of the business that led to our growth and our ultimate sale.
Uncommon Words Related to Love
We are compassionate people that seek out and embrace our differences and know that greatness is achieved by integrating diverse views, experiences, and perspectives. Trust Propeller to help you break down blockchain’s complex financial and regulatory framework and ensure you’re compliant with industry-specific rules and regulations.
We believe that you deserve a financial partner as ambitious and innovative as you are. That’s why we created a culture that attracts and develops the best and the brightest in the business. We look for individuals who share our values and passion for helping entrepreneurs bring their vision to life. We offer enterprise-grade financial horsepower to growing companies – fueled by state-of-the-art technology and fifteen years of insights gained from the experiences of some of the country’s most iconic startups. Propeller Industries is an enterprise-grade financial partner that empowers the most ambitious companies to reach their full potential.