Your Chief Funding Officer for raising Seed and Series A

Surprisingly, GAAP does not have a clear definition of what should be included in a SaaS company’s Cost of Services (COS), also commonly called Cost of Goods Sold (COGS), so each company is pretty much left to their judgment on what should be included. Having reviewed thousands of SaaS company financials, we have seen the full range of COS definitions, and through that exposure, we have come up with the recommendation outlined below​


About Techcelerate Ventures

Tech Investment and Growth Advisory for Series A in the UK, operating in £150k to £5m investment market, working with #SaaS #FinTech #HealthTech #MarketPlaces and #PropTech companies.

document preview