When ClimateWorks Foundation, a global philanthropic network that distributes funds worldwide to non-profits, launched in 2008, we had to ensure our financial activities met the highest standards for transparency, accuracy, and compliance. We turned to Kranz, which delivered a complete team, from CFO to staff accountant, and had us up and running within weeks. After providing an excellent and cost-effective interim solution, Kranz eventually helped us transition seamlessly to in-house finance and accounting staff.
I worked with Kranz & Associates both at a company I founded and on a startup where I served as a Board Member. They provided professional guidance, secured excellent terms for venture debt, and drove the planning process which allowed us to focus on the technology, and be more strategic and efficient. They are professional, and deliver critical financial information quickly and cost effectively. I would recommend Kranz & Associates to other early stage start ups.
Bud has been a valuable resource for our portfolio companies. The financial and operations experience that he brings to the table allows our CEOs to focus on the product development, marketing and sales aspects of the business while Bud and his team focus on the financial requirements. They present the financial information in a way that allows us to quickly assess the current state of the company and how well it is tracking to our financial goals and objectives. Bud has made a difference in our companies by acting as a strategic partner to the management team.
At our investor’s recommendation, we engaged Kranz & Associates to act as CFO and our finance organization. They immediately added value by implementing our accounting system, negotiating debt, providing best practices and finally taking the lead as financial advisor during our $3.25B Merger transaction. Their experience and business acumen make them an invaluable partner!
We utilized Kranz & Associates as our interim CFO & finance team during our first years of high growth. They provided a cost effective “jump start” solution that allowed us to focus on product development and offered excellent financial guidance on issues startups face. The quality and dedication of their staff was excellent and I have no hesitation in recommending their services to emerging startups.
From founding to our sale six years later, Kranz & Associates did an excellent cost-effective job serving as our CFO & finance team handling US & International accounting & finance, including revenue recognition expertise & clean audits. It was reliable and extremely cost effective; less than an in-house CFO. Based on Kranz & Associates’ broad exposure to start ups, they provided excellent advice on venture debt & equity terms to help raise capital. I recommend them with the greatest enthusiasm.
Bud Austin (Kranz & Associates) was very helpful in getting our finances organized when we were too young to justify having our own internal staff; his work was useful and greatly appreciated.
Kranz & Associates provided first class financial services to us. Mike Kranz gave his time and insights evenings and weekends to take lead on the financial plan. With Kranz & Associates’ network of contacts we secured unmatchable terms for venture debt. They also provided best vendor pricing in many areas. After hiring our internal finance team, we continued to supplement our staffing with the Kranz & Associates staff. We are very pleased with the value they added at Mimosa Systems.
Kranz & Associates worked with us from inception right up until we were ready to bring on board our first CFO. During that time, they helped us with everything from HR to accounting to financing strategy. Kranz’s technical expertise on revenue recognition was invaluable, not only establishing our policies but also negotiating on our behalf with auditors to achieve the best results for Clearwell. There’s no one I would recommend more strongly to entrepreneurs looking for financial advice and assistance.
Kranz & Associates, perhaps the most experienced and nuanced financial advisor to your start-ups in Silicon Valley. Kranz & Associates’ knowledge of the debt markets and their strong relationships with leading lenders enable them to add significant value to any company seeking debt. While they are tough and firm negotiators, they have a sense of balance and fairness with an eye towards maintaining enduring long term relationships.
Lourdes has been working at Kranz & Associates for 25 years. “Working with a variety of emerging clients, many for more than 5 years each, has been rewarding and has provided me with new challenges and continued professional growth.”
As a financial professional with over 25 years of experience in a broad range of firms, I was introduced to Kranz through our Board who had a long standing relationship with Kranz & Associates. Comparing Kranz with other firms, I looked at their clientele, professional reputation, quality of the professionals they attracted and retained in their organization, and their unique ability to service a broad range of client needs in a cost effective manner. Kranz & Associates was hands down the ‘best of class”
At Kranz & Associates, I am able to have flexibility to accommodate my active life. As a new mother, Kranz & Associates has offered infinite solutions to my various scheduling dilemmas. I am at a company where I am valued and feel passionate about my work. Each day presents a new challenge and I welcome it with open arms. The learning never stops and the perks are “AWESOME”!
Kranz & Associates provided outstanding cost effective service assisting me with our CFO transition including systems and controls review, hiring accounting personnel and reporting to the board of directors.
Our thanks to Kranz & Associates, and especially to Devonne, for her dedication, support, and enthusiasm. She is devoted, hard-working, conscientious and does whatever it takes to get the job done. I know I can rely on her. She is a pleasure to work with and I feel fortunate to have her as a part of my team.
Bud has been very instrumental in helping us substantially improve our financial processes and played a critical role in our successful financing. I really enjoyed working with Bud. It’s hard to imagine someone putting as much hard work and effort as Bud has, into a company that wasn’t his full time employer.
We started working with Bud Austin as CFO from day one and our team has expanded as the company has grown. We have found that everyone at Kranz provides diligent and reliable service to our organization, far beyond what we would have been able to afford in our early days. I have complete confidence in Bud and the team to provide us everything from tactical check writing to strategic financial planning.
Having served as an Ernst & Young audit partner for 19 years, I was familiar with reputation and quality work of Kranz & Associates. I was so impressed, that upon my retirement after the ArcSight IPO filing where Kranz assisted, I joined their team to provide these services to companies contemplating public offerings or mergers at reasonable costs.
As an investor, advisor and board member of both startups and public companies, I have looked to Kranz & Associates to provide top tier executives, seasoned financial executives and complete teams. I consider them a world class financial services provider and give them my highest recommendation.
We have worked with Bud Austin and the team from Kranz & Associates on several of our portfolio companies. They have provided excellent professional guidance and support to our companies in all aspects of business operations and strategic financial needs. Bud takes an active role within our companies working closely with the CEO and other management team members to insure that the systems and processes put in place will scale and help the companies manage resources appropriately.
Kranz & Associates really understands what it takes to support a venture backed company. They have a talented pool of people that are able to step into your finance organization and provide immediate value.
Working with Kranz for three years, we have been able to bring on a turn-key finance TEAM for the price of an individual contract CFO or direct hire. Kranz has a deep bench that they apply on a flexible basis, so we always have the right sized team. In addition to top talent and a reasonable fee structure, we’ve found that Kranz is well-networked in the valley with all the service providers, so we’ve benefited from preferred pricing on everything from healthcare insurance to venture debt and more.
Mike Kranz and his team are a tremendous asset to our venture fund. We quickly recognized their expertise and moved all our fund work to them. Our portfolio companies get excellent accounting support with access to the highest caliber CFO’s for strategic issues. Their cost effective solution makes them a valuable partner.
As first-time founders of a start up, our investor, Sequoia, introduced us to Kranz & Associates. They immediately began providing value by restructuring debt proposals and providing an accounting team that was at the right level and cost for what we needed. Their ability to provide support ranging from CFO services to basic purchasing assistance gave us access to resources we could not otherwise afford. If you are a start up, you need Kranz & Associates!
Kranz & Associates did an outstanding job during our rapid growth & continues to provide excellent support after we hired our internal finance team. They helped us in assessing our cash positions and risk during the turmoil of fall 2008 financial crisis. Having the same Kranz staff help during audits has streamlined the process and they continue to be an asset giving guidance on current issues while we benefit from their negotiated pricing with vendor networks.
Mike Kranz and Kranz & Associates are regarded as the premiere CFO and financial services firm in Silicon Valley. Their professional work on both my Angel Investors Fund and many of my portfolio companies has been invaluable. They have deep industry knowledge and networks that save my companies time and money. Kranz & Associates has my highest recommendation.
Kranz & Associates has been engaged with many of our companies over the years. I’ve been extremely pleased with the quality of service and deliverables as well as the network they extend to our companies. I can recommend Kranz without hesitation.