Eagle Rock CFO vs Graphite Financial
Both firms serve growing companies—but at different stages. Here's the honest comparison for businesses at $5M-$50M in revenue.

Key Takeaways
- •Graphite Financial targets seed-stage through Series B companies; Eagle Rock CFO serves established $5M-$50M businesses
- •Graphite offers accounting, CFO, and tax for early-stage companies; Eagle Rock layers in controller and treasury functions
- •Eagle Rock uses AI-powered reporting to deliver insights faster than traditional monthly cycles
- •Both use operators with operating experience—not just finance professionals who advise
What Graphite Financial Does Well
Graphite Financial was born out of a VC fund and understands the early-stage company ecosystem intimately. Their team knows what investors expect at seed and Series A—whether that's cap table management, 409A valuations, or board deck preparation. They serve early-stage tech companies from pre-revenue through Series B, and their accounting and tax work is VC-grade. Their fractional CFO rates run $175-$350 per hour, making them accessible to companies that have not yet reached profitability. If you are a Series A company preparing for your next fundraise, Graphite understands that world.
What Sets Eagle Rock CFO Apart
Eagle Rock CFO is built for companies that have moved past the early-stage phase. At $5M-$50M in revenue, you are likely managing real cash flow, hiring across functions, and facing complexity that seed-stage finance tools cannot address. We bring the full finance stack—bookkeeping, controller oversight, treasury management, and strategic CFO work—under one roof. Our team has operated in those seats: we have managed payroll through growth cycles, navigated debt financing, and scaled companies to exit. We use AI-powered reporting so your financial data is ready when you need it, not three weeks after the period closes. For established businesses, that operational maturity matters.
Choose Graphite Financial If You Want...
A finance partner that speaks fluent VC—from term sheet negotiations to investor due diligence. Graphite Financial excels at early-stage company finance and knows how to prepare the materials growth investors expect. If you are a seed or Series A company that needs clean books, a financial model, and a CFO who can walk into a board meeting and present like a pro, Graphite is a strong choice. Their VC fund background means they think in rounds, dilution, and exit scenarios—which is exactly what early-stage companies need.
Choose Eagle Rock CFO If You Want...
A finance office that scales with your business from $5M to $50M and beyond. At Eagle Rock CFO, we do not just advise on finance—we operate the entire finance function. Our clients get a team, not an individual. We handle the monthly close, deliver AI-powered dashboards and KPI tracking, and provide the strategic guidance to make better decisions. We know what PE-backed buyers scrutinize, what lenders want to see, and how to present financial health to board members, investors, or acquirers. For established businesses, the question is not just about fundraising—it is about running a company that lasts.
The Eagle Rock Difference
Frequently Asked Questions
Does Graphite Financial serve established businesses?
Graphite Financial primarily targets early-stage companies from seed through Series B. For businesses with $5M or more in revenue that need a more comprehensive finance function, Eagle Rock CFO is better suited.
What is Graphite Financial's pricing?
Graphite Financial charges $175-$350 per hour, with engagements scaled to early-stage company needs. They do not publish flat monthly rates.
Does Eagle Rock CFO include bookkeeping and controller services?
Yes. Eagle Rock CFO is a full finance office that includes accounting, controller oversight, treasury, and CFO/FP&A services. We do not just provide a fractional CFO—we run your entire finance function.
This article is part of our Skip the 100+ Reviews. Here's How to Pick a Fractional CFO Based on Your Actual Stage guide.
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