What Oxygen Advisors does

Oxygen Advisors is a New Zealand-headquartered professional services firm that provides outsourced finance functions to high-growth startups across Australasia. Founded in 2015 by Matt Dold, the firm delivers an integrated suite of five service lines — CFO Services, Bookkeeping & FinOps, Tax & Compliance, RevOps, and R&D Grants & Tax Credits — positioned as an 'embedded finance team' for founder-led companies that lack the scale to hire a full-time CFO. Its client base of 100-300+ startups spans SaaS, compliance, architecture, media, and broader technology verticals, with multiple publicly cited client relationships running 4-7+ years, and a portfolio of clients that have collectively raised over US$800 million in capital.

The firm operates a subscription-based recurring revenue model with quote-based, flexible engagement tiers that scale up or down with each client's growth phase. Distribution is sales-led and community-led, relying on direct founder engagement, testimonials, and a dense referral network anchored by Australasian and global VCs (Icehouse Ventures, Blackbird, Movac, Y Combinator, Founders Fund, Square Peg, GD1, OIF, Altered Capital). Oxygen does not sell software; its 'technology' footprint is limited to content assets such as a founder salary benchmarking tool and standard SaaS productivity stack.

In April 2026, Oxygen was acquired by Singapore-based compliance and payroll platform Multiplier (backed by Ribbit Capital and Lightspeed Ventures) as Multiplier's sixth global acquisition. Founder Matt Dold continues as director, the full Oxygen team was retained, and Oxygen gains access to Multiplier's Silicon Valley and Singapore technology teams — positioning the firm as Multiplier's Australasian finance-advisory arm for a combined workforce of 50+ across three countries.

Name

Oxygen Advisors

Legal name

Oxygen Advisors Limited

Website

https://oxygenadvisors.co.nz

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Short description

Oxygen Advisors is a New Zealand-headquartered professional services firm that provides outsourced CFO, bookkeeping, tax, RevOps, and R&D grant services to high-growth startups across Australasia. Founded in 2015 by Matt Dold and acquired by Multiplier in April 2026, the firm serves 100-300+ startups with embedded, subscription-based finance engagements.

Ownership category

akta.pro rank

Product category

Outsourced Financial Advisory Services

NAICS

Management Consulting Services (54161)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Outsourced Finance & CFO Services (BPAHABAE)

Keywords

• Outsourced CFO services
• Bookkeeping and payroll
• Tax compliance services
• Revenue operations consulting
• R&D tax credit management

Headquarters

HQ city

Auckland

HQ country

New Zealand

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Professional Finance Services: Recurring professional services revenue from providing outsourced CFO, bookkeeping, tax compliance, and RevOps services to startups. Revenue is generated through subscription-based engagement tiers with flexible support levels that scale with client growth.
2. R&D Grant & Tax Credit Management: Project-based and recurring revenue from end-to-end management of R&D grants and tax credits, providing specialized compliance and advisory services.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Oxygen Advisors provides outsourced CFO services, bookkeeping and payroll, tax and compliance, revenue operations, and R&D grants/tax credits management to high-growth startups in Australasia. The firm operates as an embedded finance team for founders, offering flexible subscription-based plans that scale with the client's growth stage.

Product overview

Oxygen Advisors is a financial advisory firm for startups, not a software product company. The firm provides a unified suite of five service offerings: CFO Services (strategic financial leadership), Bookkeeping & FinOps (operational finance and payroll), Tax & Compliance (tax preparation and regulatory adherence), RevOps (revenue operations and data-driven growth systems), and R&D Grants & Tax Credits (grant management and tax incentive optimization). These services are offered as an integrated package of professional services rather than discrete software modules or products.

Differentiator

Problem solved

Functional benefit

Products and services

• CFO Services CFO-level strategic guidance embedded in the client's business, helping high-growth startup founders scale, raise capital, and make decisions with confidence.
• Bookkeeping & FinOps Streamlined bookkeeping and payroll services that take administrative burden off founders and provide clear financial insight.
• Tax & Compliance Integrated tax preparation and regulatory compliance services delivered alongside bookkeeping, with tax and accounting experts working together to keep clients compliant.
• RevOps Data-driven revenue operations processes and systems that provide control, drive predictable growth, and fuel scaling ambitions.
• R&D Grants & Tax Credits End-to-end management of R&D grants and tax credits so clients can keep building while Oxygen Advisors secures the funds.

Quantifiable outcome

• Clients have collectively raised over $800 million in capital
• +1 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• MultipliercoreStrategic or Co-development Partner · 1 April 2026Singapore-based compliance and payroll platform Multiplier acquired Oxygen Advisors as its sixth global acquisition. The full Oxygen team joined Multiplier, with founder Matt Dold continuing as director and gaining access to Multiplier's Silicon Valley and Singapore technology teams. This acquisition marks a strategic expansion for Multiplier into the Australasian market.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Bench: Bench is a North American outsourced bookkeeping and financial reporting service for SMBs and startups, offering monthly bookkeeping combined with tax filing — comparable to Oxygen's Bookkeeping & FinOps and Tax & Compliance service lines, with software-augmented delivery.
• Bean Ninjas: Bean Ninjas is an Australia/NZ-based bookkeeping firm specializing in Xero-supported cloud accounting for growing businesses, with similar regional focus and SaaS/tech-startup client base as Oxygen Advisors.
• CFO Centre: CFO Centre provides fractional and part-time CFO services to SMBs and growth-stage companies across multiple geographies including Australia, directly overlapping with Oxygen's core CFO Services offering and target market.
• Pilot: Pilot is a US-based outsourced accounting and finance operations provider for startups and small businesses, offering bookkeeping, CFO services, and tax — directly comparable to Oxygen Advisors' core offerings, with a similar subscription-based recurring revenue model and founder-to-founder positioning.

Regional players

• BGL Corporate Solutions: BGL provides corporate advisory, bookkeeping, and outsourced CFO services to Australian businesses, with comparable service breadth in tax compliance, payroll, and CFO advisory for SMBs and growth companies.
• Findon Accountants: An Australian accounting and advisory firm serving small and mid-sized businesses with bookkeeping, CFO advisory, and tax services — comparable in scope to Oxygen's full-service offering for the Australian market.
• CFO Labs: CFO Labs is an Australia-based fractional CFO and finance consulting firm serving SMEs and scale-ups, competing for the same Australian founder/customer base as Oxygen Advisors' Sydney office.
• Kinected Solutions: Kinected is a New Zealand-based cloud accounting and business advisory firm offering Xero-focused bookkeeping and fractional CFO services to SMBs — comparable regional peer competing for the same Auckland-based startup customer base as Oxygen.

Others

• Multiplier: Multiplier is the Singapore-based global employment, payroll, and compliance platform that acquired Oxygen Advisors in April 2026. Not a direct competitor, but the parent entity shaping Oxygen's forward strategic direction and integration path.

Broad incumbents

• Xero: Xero is a New Zealand-founded global cloud accounting platform serving SMBs and their accountants/bookkeepers. While a software platform rather than a services firm, Xero sits adjacent to Oxygen's service delivery and is deeply embedded in the Australasian bookkeeping ecosystem Oxygen serves.

Market position

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oxygen Advisors