Industry expertise
Venture-backed startups spend ahead of revenue, betting raised capital against the milestones that unlock the next round. That makes runway, burn, and clean financials existential — not back-office chores. Laya gives founders investor-ready books, real-time cash visibility, and tax-ready financials that hold up to diligence as you scale.
Your business
Net burn and months of runway dictate when you raise, hire, or cut — yet most founders track them in a spreadsheet that drifts from the actual books. When the number is stale, you discover the gap with only weeks of cash left, not quarters.
Investors expect monthly updates and a clean board package: P&L, cash position, burn, and KPIs. Pulling that together from messy books every month is slow, and inconsistent numbers erode the credibility you need before the next round.
Pre-revenue startups can apply the federal R&D credit against payroll taxes — real cash back into runway — but the documentation and filing are easy to skip. Founders also miss state credits and forget the annual return is still due at a loss.
When you raise, investors scrutinize your books, contractor classification, and equity. SAFEs, convertible notes, and option grants must be reflected cleanly. Disorganized financials slow diligence, weaken your leverage, and can shave terms off the deal.
Our approach
We close your books by the 10th business day and report gross burn, net burn, cash on hand, and months of runway off the actual ledger — not a guess. You walk into every board meeting and fundraise knowing exactly how much cash you have and how long it lasts.
Your monthly close produces an accrual-based P&L, balance sheet, and cash summary structured the way investors read them. We keep categories consistent month over month, so your board package and investor updates tell a clean, comparable story without a last-minute scramble.
On Summit and above, Laya, SPA Associates LLC, or another authorized provider files your annual federal and state returns and documents the R&D credit, including the payroll-tax election that pre-revenue startups can use to recover cash. We keep books tax-ready year-round so nothing is reconstructed at deadline.
We maintain clean, accrual books with reconciled accounts and proper records for contractors and equity events — SAFEs, notes, and option grants reflected correctly. When investors or acquirers open the hood, your financials hold up, keeping diligence fast and your leverage intact.
FAQ
A few practical details, so you know what to expect.
Examples and guides
Explore an illustrative monthly close and practical guides to the decisions your reports can support.
Start with a conversation
We’ll talk through your business, your books, and where you could use a hand.
