Fractional Executive Search

Raise on a model investors cannot knock over.

Most rounds are lost in the second and third question. In Toronto those questions come from US funds, pension-backed investors and bank credit teams, and each one asks for a different kind of answer.

A senior finance executive composed at a boardroom table in low evening light
The situation

Where Canadian rounds stall

Across Canadian raises, the same things recur:

01

The model breaks under one change

It holds until an investor shifts an assumption, and then nobody can say what moved.

02

Diligence arrives before the data room

Documents are gathered under pressure, and the gaps signal exactly how the company is run.

03

Dilution is chosen by default

SR&ED credits, grants and venture debt all exist, and few teams weigh them against equity.

04

Nobody owns the process

The founder runs the raise and the company at once, and both suffer.

A CFO with raises behind them takes the process off the founder's hands: the financial model, investor materials, data room and fund meetings. They sit in the meetings and make sure every question gets a straight answer.

Is it the right fit?

Who this is for, and who it is not

Best for

  • Preparing for a funding round in the next three to six months
  • A data room or financial model that will not survive diligence
  • Gaps in investor reporting, cap table or board resolutions
  • A founder carrying every financial question personally
  • Numbers and investor narrative that do not yet line up

Not for

  • A business with no revenue or traction to diligence yet
  • A one-off pitch deck or investor slide design
  • A team that wants a document produced, not a leader embedded
  • A round already closed that needs only bookkeeping
A quiet meeting room at dusk, two chairs across a table, the city skyline beyond

Investor-ready, before the first meeting.

Why Fractional Toronto

Around the raise

We match the CFO to the round and keep governance around the engagement until it closes.

1 monthNotice, either way
800+Curated and vetted executives
2–3 weeksBrief to deployment
30–60%Less than a full-time hire, on our engagements

Weekly during diligence

While the round is open, a weekly check-in shows early whether the model and the data room are keeping pace.

Cross-border raise experience

The collective includes operators who have raised from US funds, pension-backed investors and Canadian lenders.

Mid-round changes

A change of CFO mid-round becomes a fresh search from our brief, with the handover run by us.

Matched to the investor mix

US funds, pensions and lenders test different things, so the match follows the money you are raising.

How it works

From gap to investor-ready

Calibrated to your round timeline.

01

Fundraise assessment

We assess your current financial infrastructure, identify gaps, and calibrate to your round timeline.

02

CFO deployment

Your matched Fractional CFO is embedded within two to three weeks and begins building investor-grade infrastructure.

03

Fundraise preparation

Financial model, data room, board pack, governance, built and stress-tested before you enter conversations.

04

Round support and post-close

Your CFO stays through the round and transitions to execution mode. Reporting infrastructure, milestone tracking, and board presence.

The round, end to end

Before, during and after the round

What a fractional CFO owns at each stage of a raise.

Stage
What the CFO owns
StageBefore
What the CFO ownsFinancial model, data room and governance in order
StageDuring
What the CFO ownsInvestor questions, diligence and the financial story
StageAfter
What the CFO ownsBoard reporting, milestone tracking and cash discipline
Our fractional services

A fractional CFO leads every fundraise

Most raises need only the CFO. When diligence probes operations or technology, a COO or CTO joins from the same collective.

Proven leadership

Executives who have raised alongside

Sequoia
Andreessen Horowitz
Goldman Sachs
JPMorgan
Morgan Stanley
Index Ventures
Accel
Balderton
Common questions

The questions buyers ask first

Several months before you open the round. The value is in the preparation, not in the final push.

No. The engagement is billed company to company for the executive's time, and nothing depends on the raise closing.

The collective includes operators who have raised across both. We match on the investor mix of your round, whether it leans toward US funds, pension-backed capital or a lender.

Related

Other moments we cover

Get started

Raise with a credible finance leader in the room.

Tell us where the round stands. We will assess the model, data room and governance, then match a fractional CFO who has raised before, embedded within weeks.

Get investor-ready