NumberSquare
NumberSquare is a Munich-based virtual CFO services firm, founded in 2017, providing part-time CFO, Finance-as-a-Service, and fundraising support to startups, scaleups, Mittelstand SMEs, and VC/PE investors across the DACH region on a fully remote delivery model.
- Company typePrivate
- Founded2017
- HeadquartersMunich, Germany
- Headcount11–50
- GTM typeB2B
- OfferingServices
What NumberSquare does
NumberSquare GmbH is a Munich-based, privately held professional services firm founded in 2017 that delivers virtual CFO services to startups, scaleups, and small-to-medium enterprises across the DACH region (Germany, Austria, Switzerland). The firm offers four interconnected service lines: CFO as a Service (part-time or retainer-based senior financial leadership), Finance as a Service (full outsourced finance function), Interim CFO (temporary full-time CFO placement), and project-based consulting for events such as financing rounds, M&A, due diligence, and tool implementations. Customers range from venture-backed startups to established Mittelstand companies, and the firm also serves VC and PE investors with due diligence, portfolio reporting, and deal flow introductions. The company is represented by founder Evgenij Bakulin and operates as a fully remote delivery model headquartered in Grünwald near Munich.
The firm's commercial offering is built on a team-based fractional CFO model rather than proprietary software. NumberSquare monetizes through subscription-style retainers (part-time CFO support, typically a few days per month), professional services project fees (fundraising prep, pitch decks, cap table modelling, term sheet analysis, business modelling, forecasting), and interim placements. Pricing is quote-based and not publicly disclosed, and a free initial consultation is used as a lead generation tool. Service delivery is fully remote, supported by a curated ecosystem of more than fifteen technology partners across expense management (Spendesk, Moss, Pliant, Pleo, Finway), liquidity and treasury (Tidely, AGICAP, Commitly), controlling and reporting (Adam, Helu), equity management (Ledgy, WE.VESTR), contracts (ContractHero, Domonda), and integrated finance platforms (Frienton, Jessy Works), with which NumberSquare offers clients exclusive discounts and mutual referrals.
NumberSquare positions itself as the originator of the Finance-as-a-Service concept in Germany and targets the structural gap left by the cost of full-time CFOs, who command €120,000+ salaries, versus the part-time needs of growing companies. Go-to-market is sales-led and direct, combining content marketing and SEO (blog and finance glossary) with a warm referral network across DACH investors, founders, and fintech tooling vendors. The firm has no disclosed external funding, no parent company, no acquisitions or divestitures on record, and operates as an independent, founder-controlled boutique consultancy.
NumberSquare firmographics
Firmographics- Name
- NumberSquare
- Legal name
- NumberSquare GmbH
- Website
- https://numbersquare.de
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- NumberSquare is a Munich-based virtual CFO services firm, founded in 2017, providing part-time CFO, Finance-as-a-Service, and fundraising support to startups, scaleups, Mittelstand SMEs, and VC/PE investors across the DACH region on a fully remote delivery model.
- Ownership category
- akta.pro rank
NumberSquare industry classification
Industry- Product category
- Financial Advisory Services
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Outsourced Finance & CFO Services (BPAHABAE)
- akta.pro secondary industries
- Record-to-Report (R2R) Operations (End-to-End Accounting Ops, Statutory Pack Support) (BPAAAGAL), Treasury, Cash Management & Liquidity (SME) (FSAGAJAG)
Keywords
Where NumberSquare is headquartered
LocationHeadquarters
- HQ city
- Munich
- HQ country
- Germany
- HQ region
- Europe
Offices1 record
Markets served
NumberSquare business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D
Revenue model
- CFO as a Service: Part-time or retainer-based CFO services where NumberSquare provides financial expertise on a flexible basis. Pricing based on scope and complexity, often delivered as few days per month for operational management, with ability to scale up during financing rounds or special projects.
- Finance as a Service: Comprehensive outsourced finance function covering reporting, controlling, business modelling, forecasting, and strategic planning. Delivered as ongoing engagement or project-based mandates.
- Project-Based Engagements: One-time or short-term projects including pitch deck creation, cap table modelling, tool integration, due diligence support, and crisis management.
- Interim CFO: Temporary full-time or near-full-time CFO placement to bridge gaps between permanent hires or during specific high-intensity periods such as financing rounds or M&A transactions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Part-time Support |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
NumberSquare product offering
Product offeringCore offering
NumberSquare provides virtual CFO and Finance-as-a-Service to startups, scaleups, and SMEs in the DACH region. It delivers part-time, retainer, project-based, or interim CFO expertise covering reporting, controlling, liquidity management, forecasting, fundraising, and investor relations.
Product overview
NumberSquare is a Germany-based virtual CFO services provider operating on a Finance-as-a-Service model, founded in 2017. The core offering consists of three interconnected service lines: CFO as a Service (providing experienced financial leadership on a part-time/retainer basis), Finance as a Service (outsourcing the complete finance function), and Interim CFO (temporary senior finance coverage). These are complemented by project-based consulting, fundraising support (investor identification, pitch deck creation, cap table modelling, term sheet negotiation), and investor services (due diligence, red flag analysis, portfolio reporting). Services span the DACH region for startups, scaleups, and SMEs, delivered remotely with flexible engagement models.
Differentiator
Problem solved
Functional benefit
Products and services
- CFO as a Service Virtual CFO services providing experienced financial leadership on a part-time, retainer, or project basis for startups, scaleups, and SMEs in the DACH region, covering reporting, controlling, liquidity management, investor relations, and strategic planning.
- Finance as a Service A comprehensive outsourced finance function through which NumberSquare can replace or fully manage a client's entire finance function, from operational bookkeeping to strategic financial planning.
- Interim CFO Temporary or bridging full-time CFO support deployed when a company is between full-time CFOs, during major projects such as M&A or restructuring, or when it needs urgent financial leadership.
- Project-based Support Scoped consulting engagements for one-time financial topics such as tool implementation, financing rounds, cap table modelling, or process setup, available at short notice.
- Fundraising Services End-to-end support for capital raising, covering financing round preparation, investor identification and outreach, pitch deck creation, cap table modelling, term sheet analysis, negotiation, and closing.
- Due Diligence & Decision Support (for Investors) Red flag analyses, portfolio reporting, and due diligence services for venture capital and investor clients, plus deal flow support through warm introductions, to help them make informed investment decisions.
Quantifiable outcome
- Often part-time support of just a few days per month is sufficient for noticeable cost savings and faster growth
- +2 more outcomes
Companies that use NumberSquare
Customer profileNamed customers8 records
Segments7 records
Ideal customer profiles4 records
NumberSquare technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature1 record
NumberSquare partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core.
- BendeskcoreBendesk is an employee benefits and pension specialist that partners with NumberSquare for client referrals. Bendesk's target market of startups and growing companies overlaps with NumberSquare's customer base, enabling mutual client referrals.
- AdamcoreAdam's controlling solution provides comprehensive reporting, planning, and financial steering capabilities. NumberSquare recommends and integrates Adam's tools for client finance management.
- TidelycoreLiquidity management platform for startups, scaleups, agencies, and medium-sized companies. Provides real-time cash flow oversight and scenario planning. NumberSquare offers exclusive discounts for Tidely to its clients.
- AGICAPcoreLiquidity management solution for scaleups and medium-sized companies with complex financial structures. Supports consolidated cash flow forecasting and centralized payment management. NumberSquare offers exclusive discounts for AGICAP to its clients.
- CommitlycoreCash flow planning platform designed for startups taking first steps in financial management. User-friendly with automatic transaction recording and basic forecasting. NumberSquare offers exclusive discounts for Commitly to its clients.
- HelucoreNext-level financial reporting and controlling platform. NumberSquare integrates Helu's solutions for advanced client financial oversight.
- LedgycoreEquity management platform that NumberSquare uses for cap table modelling and equity administration for startup clients.
- FrientoncoreDigital financial management platform integrating the entire money chain from banking to accounting, planning, controlling, reporting, and tax declaration. Frienton supports NumberSquare's clients in automating financial administration, with professional automated investor reporting. NumberSquare supports clients in managing the Frienton platform.
- Jessy WorkscoreAI-powered accounting partner that provides fully automated accounting services. NumberSquare collaborates with Jessy Works to offer comprehensive finance and accounting solutions to clients, complementing CFO services with automated bookkeeping.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
NumberSquare competitors and assessment
Company assessmentEmerging players
- Botkeeper: AI-driven bookkeeping and accounting automation for SMBs and accounting firms. Emerging technology-driven competitor that compresses the operational bookkeeping layer NumberSquare bills against, representing the category risk from automation.
- Agicap: European cash flow and treasury management platform for SMEs and scaleups. NumberSquare is a partner/reseller of Agicap, but Agicap increasingly serves the same CFO buyer's cash-management mandate via direct SaaS, representing an adjacent channel competitor.
- accountify: German SaaS provider of accounting, controlling, and financial planning tools aimed at startups and SMEs. Indirect competitor on the operational finance layer that NumberSquare's retainer and reporting services sit on top of.
- Tidely: European liquidity planning platform for startups, scaleups, and agencies. Partner/ally of NumberSquare for SME cash-flow tooling, but as a focused product in the same CFO buying motion it competes for the technology portion of the mandate.
- Frienton: German Finance-as-a-Service platform NumberSquare partners with to deliver integrated finance workflows. Adjacent (and partly cooperative) — they target the same SME/startup market with a SaaS-led approach that competes for the same operational dollars.
Broad incumbents
- KPMG Germany (KPMG AG Wirtschaftsprüfungsgesellschaft): Big-4 advisory offering outsourced finance, CFO advisory, transaction services, and due diligence in Germany. Competes for the upper end of NumberSquare's market (Mittelstand, VC diligence, M&A support) with a much broader service portfolio.
- DATEV: Germany's dominant cooperative for tax advisors, accountants, and finance professionals. Operates the de facto infrastructure for German bookkeeping, controlling, and payroll — broad incumbent with overlapping coverage of NumberSquare's reporting, controlling, and tax-coordination services.
Direct peers
- The CFO Centre: Global fractional CFO firm offering part-time CFO services to SMEs and growth companies. Closest direct peer — same 'fractional CFO' model with comparable service bundles, aimed at companies that cannot justify a full-time CFO.
- Pilot.com: US-based outsourced finance, accounting, and CFO services firm for startups and SMBs. Comparable business model — retainer-based bookkeeping and fractional CFO for venture-backed companies — providing a benchmark for what scaled outsourced finance looks like.
Regional players
- Betterway (formerly BuchhaltungsButler): German outsourced bookkeeping and finance ops platform for SMEs and startups. Directly comparable German service overlap; while more bookkeeping-heavy than NumberSquare, they increasingly compete at the operational-finance layer.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
NumberSquare social profiles
Digital presenceNumberSquare financial estimates
Financial estimateRevenue estimate
Valuation estimate
NumberSquare leadership team
Management profileNumber of profiles
Profiles1 record
NumberSquare funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NumberSquare M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NumberSquare
What does NumberSquare do?
NumberSquare provides virtual CFO and Finance-as-a-Service to startups, scaleups, and SMEs in the DACH region. It delivers part-time, retainer, project-based, or interim CFO expertise covering reporting, controlling, liquidity management, forecasting, fundraising, and investor relations.
Is NumberSquare a public or private company?
NumberSquare is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was NumberSquare founded?
NumberSquare was founded in 2017. It employs 11 to 50 people.
Where is NumberSquare based?
NumberSquare is headquartered in Munich, Germany, in the Europe region.
How does NumberSquare make money?
Four revenue lines are on record. CFO as a Service is the primary driver. The others are finance as a Service, project-Based Engagements and interim CFO.
Who are NumberSquare's main competitors?
Emerging players on record are Botkeeper, Agicap, accountify, Tidely and Frienton. Broad incumbents are KPMG Germany (KPMG AG Wirtschaftsprüfungsgesellschaft) and DATEV. Direct peers are The CFO Centre and Pilot.com. Betterway (formerly BuchhaltungsButler) is listed as a regional player.
Does NumberSquare have an API?
No public API is recorded for NumberSquare.
What industry is NumberSquare in?
NumberSquare's product category is Financial Advisory Services. Its primary akta.pro industry code is BPAHABAE, Outsourced Finance & CFO Services, with a secondary code of BPAAAGAL, Record-to-Report (R2R) Operations (End-to-End Accounting Ops, Statutory Pack Support). Its SIC code is 6199.