What is nugrow?

nugrow at a glance

• Company: nugrow GmbH
• Registered office: Rechener Str. 2a, 44787 Bochum, Germany
• Commercial register: HRB 20310, Bochum Local Court
• Founded: July 2018 by Sebastian Janus
• Employees: more than 15
• Projects since 2019: more than 350
• Interim CFO mandates since 2019: more than twelve
• Repeat engagement rate: 96 %
• Average engagement length: 7 months

What nugrow does

nugrow covers the finance function to whatever extent you currently need – from single projects through to a complete finance department.

Finance

• Interim CFO – financial leadership for a defined period, when a position is vacant or a special situation comes up.
• CFO as a Service – ongoing financial leadership on a part-time basis, without filling a full-time role.
• Accounting – bookkeeping, financial statements and the processes behind them.
• Financial modelling – integrated planning across P&L, balance sheet and liquidity.
• Financial due diligence – financial review for acquisitions and investments.
• Fundraising advisory – preparing and running financing rounds.

Who nugrow works for

nugrow works for investor-backed companies – typically private-equity and venture-capital funded, with 30 to 500 employees.

That is the size at which a finance function has to deliver more than bookkeeping covers, but where a full-time CFO would not necessarily be fully occupied. On top of that comes what the shareholders need to see: reporting, planning and metrics that stand up to an investor. Since 2019 this has turned into more than 350 projects and more than twelve interim CFO mandates.

How nugrow works

• Assessment: what is already running today – accounting, controlling, reporting, liquidity planning and the systems behind them.
• Prioritisation: that shows what is urgent and what can wait.
• Staffing: the roles you need are filled – as interim management for a defined period or as an ongoing service.
• Build-up: processes and reports are built the way your company and your shareholders need them.
• Handover: the scope grows with your needs; you only pay for what you use.

What nugrow is not

Not a tax advisory firm

nugrow is not a tax advisory firm. Tax returns, tax filings and representation before the tax office stay with your tax adviser. nugrow works on the steering side: planning, reporting, metrics and the processes that produce the numbers – and hands your tax adviser a clean basis to work from.

Not a recruitment consultancy

nugrow is not a recruitment consultancy and does not place people. nugrow takes on the finance work itself – with its own people, as interim management for a defined period or permanently as a service.

Frequently asked questions

What exactly does nugrow do?

nugrow takes on the work of the finance function for investor-backed companies. That ranges from single projects such as a financial model or a due diligence through to complete financial leadership as an interim CFO or as CFO as a Service.

At what company size does nugrow make sense?

The typical range is 30 to 500 employees. Below that, bookkeeping is usually enough; above it, the finance function is normally staffed in-house.

What is the difference between an interim CFO and CFO as a Service?

An interim CFO fills a position for a defined period – for example during a vacancy, a financing round or a sale process. CFO as a Service is the ongoing version: financial leadership on a part-time basis, without filling a full-time role.

Does nugrow replace the tax adviser?

No. Tax returns, filings and representation before the tax office stay with your tax adviser. nugrow works on planning, reporting and the processes that produce the numbers.

Who is behind nugrow?

nugrow GmbH was founded in July 2018 by Sebastian Janus and is based in Bochum. Today more than 15 people work for nugrow.

How many mandates has nugrow handled so far?

Since 2019 there have been more than 350 projects and more than twelve interim CFO mandates.

Does this match your situation?

If a role in your finance function is open, a financing round is coming up, or your reporting does not stand up to what your shareholders expect: tell us briefly where you stand and we will tell you whether and how we can help.

More on the individual services: Finance as a Service, Interim Management, External CFO, Financial Modelling, Financial Due Diligence and Interim Accounting & FP&A.