Exbo Group

Exbo Group

Founded in 2016 by Hatim Shafique, Exbo Group emerged from the structural gap in venture finance: startups between seed and Series C require institutional-grade financial operations but rarely hire a full-time CFO, controller, or strategic finance lead. Shafique, who previously worked in investment banking and startup operations, built the firm to embed directly into clients' teams, operating from New York with a distributed staff that mirrors the remote-first posture of its portfolio. Exbo focuses on venture-backed technology companies, providing outsourced CFO advisory, accounting, bookkeeping, and strategic finance services. Asset-class exposure is indirect — the firm earns fees for service rather than deploying capital — but its client roster concentrates in sectors where venture allocators are most active. Known clients have included enterprise software, fintech, digital health, and consumer internet companies, typically post-Seed through Series B, where the operational lift of fund administration, investor reporting, and audit preparation peaks. Team size and total revenue are not publicly disclosed. The firm has not raised external capital for its own operations and remains founder-owned. Philanthropic vehicles, adjacent fund structures, or real-asset arms tied to Exbo Group are not known. Over the past 24 months, Exbo has continued to expand its outsourced CFO practice for venture-backed startups, adding senior hires from Big Four accounting firms and former startup finance leaders — a pattern noted in various hiring announcements and industry coverage. What structurally distinguishes Exbo from traditional consulting firms or fractional CFO networks is its embedded, productized model. The firm does not simply advise; it operates inside the client's QuickBooks, runs M&A diligence processes, and manages investor reporting as if it were the internal finance team — blurring the line between outsourced service and permanent infrastructure. That posture suits founders who need Series B readiness without the overhead of building a finance department from scratch.