Free Strategy Call

Book Your Call

One call. Clear direction. Faster execution.

Case StudySaaS·Leadership

How a Series A SaaS founder got a CFO, CHRO and COO for less than the cost of one executive.

The company had outgrown its founder doing every senior job. Instead of a six-month search for three full-time executives, Skillfi placed a fractional leadership bench in three weeks that worked as one team. It's how our fractional leadership works: senior people, the right hours, real results.

Founder time on operations
60%→15%
Series BRaised in 10 months
$540KSaved vs full-time hires
3 weeksTo a full leadership bench
01

Seventy people, and one founder doing three senior jobs.

After its Series A, the company grew from 25 to 70 people in 14 months. The founder was still the de facto CFO, head of HR and operations lead, on top of product and sales.

Board packs arrived three weeks after month-end. Hiring had no plan, no levels and no consistent pay. Good people were leaving, and there was no operating rhythm to keep teams aligned. An executive search firm quoted six months and more than $750,000 a year to hire a full-time CFO, CHRO and COO, money the company needed for its Series B runway.

60%of founder time on operations
22%regretted attrition
$750K+a year for 3 full-time hires

I needed three senior leaders yesterday, and I couldn't afford to wait six months or burn our runway on salaries.

Founder & CEO, client
02

The right senior people, for the hours the business needed.

We matched three experienced leaders to the company's stage and placed them in three weeks. They ran as one leadership team with the founder, not three separate contractors.

CFO

Fundraise-ready finance, 2 days a week

Our fractional CFO built a financial model investors trusted, a monthly board pack and a cash plan to reach Series B.

CHRO

People foundations, 1.5 days a week

Our fractional CHRO put in a hiring plan, job levels, fair compensation bands and the first performance reviews.

COO

An operating rhythm, 2 days a week

Our fractional COO set up quarterly planning, operating metrics and coached team leads to run their areas.

The Engagement

Ten months, step by step

From a founder stretched across every senior role to a leadership team that got the company funded. Here's how the engagement unfolded.

  1. Week 1

    Leadership gap review

    Finance, people and operations gaps mapped with the founder, and the right hours set for each role.

    3 roles scoped
  2. Week 2–3

    Bench placed

    A CFO, CHRO and COO matched to the company's stage, met by the founder and started within the same week.

    Live in 3 weeks
  3. Month 1–2

    Foundations

    Financial model rebuilt, hiring plan and job levels agreed, and a weekly leadership meeting started.

    Weekly rhythm
  4. Month 3–6

    Running the business

    Monthly board packs, compensation bands, first performance reviews and quarterly plans for every team.

    Board pack in 5 days
  5. Month 9

    VP Finance hired

    The fractional CFO hired a full-time VP Finance and handed the role over with a full transition plan.

    Clean handover
  6. Month 10

    Series B closed

    Investors backed a company with clean numbers, a real leadership team and a plan for the next stage.

    Series B raised
Inside the Leadership Bench

Three leaders, one team

Five and a half days a week of senior leadership, working together with the founder as one team.

CFO2 days/wk

Numbers investors trust

  • Fundraise-ready model
  • Monthly board pack
  • Cash & runway plan
CHRO1.5 days/wk

People who stay

  • Hiring plan & job levels
  • Compensation bands
  • Performance reviews
COO2 days/wk

A business that runs itself

  • Quarterly planning
  • Operating metrics
  • Team leads coached
TogetherWeekly

One leadership team

  • Weekly leadership meeting
  • Shared priorities & metrics
  • One plan for the board
Built to hand over: Fractional to full-timeWhen a role is ready to go full-time, the fractional leader hires their successor and hands over, so nothing is lost along the way.
Week 3 · Bench live Month 9 · VP Finance hired Month 10 · Series B
The Results

Ten months with a fractional bench

Annual cost of a CFO, CHRO and COO

3 full-time executives$750K
Fractional leadership bench$210K
$0$200K$400K$600K$800K

$540K saved, less than the cost of one full-time executive.

Founder time on operations60%→15%
Board pack after month-end3 wks→5 days
Regretted attrition22%→8%
Time to leadership team6 mo→3 wks
Series B—→Month 10
FC

I got three senior leaders who worked as a real team for less than one executive salary. I went back to building the product, and we closed our Series B with numbers investors trusted.

Founder & CEO, client
Your Turn

Still doing every senior job yourself?

We'll find the gaps, place the right fractional leaders for the hours you need and have them working as one team within weeks. When a role is ready to go full-time, we hire your successor and hand over.

What we'd build for you
  • A leadership gap review
  • Senior leaders placed in weeks
  • One team with a weekly rhythm
  • A clean path to full-time hires
Book a Strategy Call

30 minutes. No obligation.

Let’s Work Together

Contact Us

Sit back, relax. We will get back to you soon.

Related Case Studies