Financial Services for
Toronto Founders.
A senior CPA-backed team delivering Fractional CFO, bookkeeping, business plan and financial modeling services to Toronto SaaS and fintech startups, professional services firms, Bay Street-adjacent financial services, real estate developers, multi-location restaurants and retail, multi-cultural founder-led businesses, and multi-generational family businesses — from the Financial District and King West through Liberty Village, Yorkville, Leslieville, Queen West, North York, Scarborough and Etobicoke.
Built for Toronto's Startup, Fintech, Professional Services & Real Estate Reality.
Toronto is Canada's largest and most diverse business ecosystem — startups, Bay Street, professional services, real estate, multi-cultural entrepreneurship. Our finance work is built for exactly that reality — not for a generic Canadian small business.
CPA-supervised, senior-led
Every Toronto engagement is led by a senior CPA. No junior handoffs, no offshore delegation. You work with someone who's already run finance for Toronto businesses at your stage — startup, growth or established.
Startup & fintech fluency
MRR/ARR, cohort analysis, CAC/LTV modeling, ASC 606 revenue recognition, cap tables, SR&ED and IRAP claims, board reporting, VC term sheet review. Toronto startups get startup-specific finance — not adapted small-business templates.
Professional services depth
Partner draws vs distributions, trust accounting for law firms, WIP on hourly and fixed-fee work, project-level margin analysis, and the partnership dynamics that generic accountants routinely fumble. Toronto has Canada's highest concentration of professional services — we're built for it.
Real estate development fluency
Project pro formas, construction draw accounting, HST recovery on new residential (including New Housing Rebate), holding company and family trust coordination, capital gains vs income treatment. Toronto's condo and mixed-use developers get real-estate-specific finance.
Fixed fees, no billable-hour games
Fixed monthly retainer for CFO and bookkeeping. Fixed project fee for business plans and models. What we quote is what you pay — no scope creep, no invoice surprises, no six-minute increments (Toronto founders recognize these on sight).
All four services under one roof
Bookkeeping, CFO, business plan and financial modeling from the same team, using the same numbers, telling the same story. No coordinating three firms who each know a piece of your business.
What Toronto Businesses Actually Face.
Toronto is Canada's largest and most diverse business market by every measure — the country's undisputed startup capital anchored by MaRS Discovery District, DMZ at Toronto Metropolitan University, OneEleven and the deepest VC base in Canada. It's the country's financial services headquarters, with Bay Street hosting RBC, TD, BMO, CIBC, Scotiabank, Manulife, Sun Life and hundreds of asset managers and broker-dealers. It's the country's largest professional services concentration — the biggest law firms, consultancies, accounting practices and specialized advisory shops on the continent north of New York. And it's one of North America's largest real estate development markets, with pre-construction condos, commercial towers and mixed-use projects reshaping the skyline every year.
Toronto SaaS and fintech startups face finance realities most other Canadian accountants don't understand. MRR and ARR reporting that ties back to subscription contract terms. Cohort analysis that actually shows retention curves and revenue expansion by customer segment. CAC and LTV modeling that surfaces which channels are worth doubling down on. Revenue recognition under ASC 606 including performance obligations and standalone selling price allocation. Deferred revenue accounting for annual and multi-year contracts. SR&ED and IRAP claims that maximize refundable and non-refundable credits for R&D-intensive work. Cap table management with scenario modeling for upcoming rounds. Term sheet review for economic and control provisions. Board reporting packages, runway forecasts, unit economics dashboards. Every one of these requires a finance partner who's already worked with VC-backed startups.
Toronto professional services firms — law offices, consulting practices, boutique accounting firms and advisory shops concentrated in the Financial District, King West and Yorkville — need finance work that respects partnership structure. Partner draws vs distributions that get treated properly for tax. Work-in-progress accounting for hourly and fixed-fee engagements. Trust accounting for law firms with Law Society reporting discipline. Project-level and partner-level margin analysis. Practice valuation for succession or acquisition. A generic accountant will show you a firm-wide P&L three months late that tells you nothing about which partners or practice areas are actually pulling their weight.
Toronto real estate developers and operators — from pre-construction condo developers to commercial mixed-use to property management and brokerage — face their own distinct finance realities. Project-level pro formas with proper sales absorption, construction cost, and hold-period modeling. Construction draw accounting that keeps lenders aligned. HST recovery on new residential developments, including the New Housing Rebate mechanics that many Toronto developers under-recover on. Holding company and family trust coordination for multi-project developers. Capital gains vs income treatment analysis for flip vs hold decisions. Multi-entity discipline across project cos, holdcos, family trusts and real estate co structures.
Toronto also has the deepest multi-cultural entrepreneur base in Canada — diaspora business communities running everything from multi-location restaurants across every ethnic cuisine, to e-commerce brands serving specific communities globally, to import/export operations, to real estate investment vehicles. These businesses often span multiple related entities, operate in more than one language, and need finance discipline that respects family and community dynamics alongside the numbers. Our team is comfortable working across Toronto's diverse entrepreneur communities.
Layered on all of that: full-time CFO compensation in the GTA runs $180,000 to $350,000 in salary alone. Most Toronto startups pre-Series B, professional services firms, real estate operators, multi-location restaurants, retail brands and family businesses cannot justify that hire. What they need is senior finance leadership at Fractional pricing, industry-specific expertise across SaaS, fintech, professional services, real estate and multi-cultural entrepreneurship, plus fluency with Toronto's investor ecosystem, Bay Street lender relationships, and the Ontario/GTA funding programs that surround them. Ledgerive was built for exactly that.
Signs Your Toronto Business Needs Ledgerive.
Not every business needs every service. Here's when each of the four Ledgerive service lines is the right answer for a Toronto business — and how to tell.
You Need a Fractional CFO When…
Your Toronto startup, professional services firm, real estate operation, multi-location business or family enterprise is growing past the point where the founder can hold the entire finance function in their head — but a full-time CFO hire isn't the right answer yet.
- You've raised a seed or Series A and your investors want proper board reporting, cap table discipline and monthly financials
- Your professional services firm has grown past 5 partners and you can't tell which partners or practice areas are actually profitable
- Your real estate business is managing 3+ concurrent projects and needs proper project-level economics with lender coordination
- Your multi-location restaurant, retail or clinic business is scaling and needs consolidated finance discipline across sites
You Need Ledgerive Bookkeeping When…
Your books are behind, wrong, or eating time you should be spending running the business — and every month that goes by makes it worse.
- SaaS deferred revenue and ASC 606 aren't tracked properly and your ARR/MRR numbers don't tie to accounting
- Partner draws vs distributions are mixed and you can't produce a clean partnership year-end
- Multiple related entities (project cos, holdcos, real estate cos, family trusts) with tangled inter-company balances and no clean HST
- You need clean books to raise a round, apply for financing, close a real estate project, or sell the business
You Need a Business Plan When…
You have a real deadline — a fundraise, a lender application, a real-estate project financing, or an immigration filing — and the plan has to be strong enough to actually get approved.
- You're raising a seed or Series A and need a proper pitch deck backed by real financials
- You're applying for BDC financing, CSBFP or a Canadian bank loan for expansion
- You're preparing a real-estate project financing package for construction or acquisition
- You're preparing an Ontario PNP Entrepreneur Stream or Start-Up Visa application
You Need a Financial Model When…
Someone with money — VC, lender, buyer, equity partner, family partner — is going to look at your numbers, and the spreadsheet you built at 2 a.m. won't survive their questions.
- You're a SaaS startup building an ARR/cohort model for a Series A or Series B round
- You're a real estate developer modeling a project pro forma for lender or equity partner review
- You're a professional services firm valuing the practice for partner buy-out or acquisition
- You're a multi-location operator modeling expansion scenarios (new sites, new markets, new formats)
Four Services. One Senior Team. All Delivered in Toronto.
Each of the four Ledgerive service lines is delivered end-to-end for Toronto clients — separately when you need one, bundled when you need more.
Fractional CFO in Toronto
Executive-level finance leadership for Toronto SaaS and fintech startups, professional services firms, real estate operators, multi-location businesses and family enterprises — without the full-time hire. Cash flow, cap tables, board reporting, fundraising support, unit economics every week, every month.
- SaaS unit economics & ARR/cohort reporting
- Cap table management & term sheet review
- Board packages & investor updates
- Weekly leadership call + always-on Slack
Bookkeeping in Toronto
Monthly bookkeeping, catch-up bookkeeping, HST filings and payroll for Toronto businesses — tuned to SaaS (deferred revenue + ASC 606), professional services (partnership + trust accounting), real estate (project cos), and multi-location operators. QuickBooks Online, Xero, Wave or Sage, reviewed by a CPA.
- SaaS deferred revenue & ASC 606 discipline
- Partnership & trust accounting for law firms
- Multi-entity HST & inter-company discipline
- Toronto payroll & T4 processing
Business Plans in Toronto
Investor-ready, lender-ready and immigration-ready business plans for Toronto founders — seed and Series A pitch decks, BDC, CSBFP, banks, real-estate project financing packages, Ontario PNP, Start-Up Visa, family-business succession plans written for exactly what each reviewer wants to see.
- VC pitch decks & seed / Series A plans
- BDC / CSBFP / bank loan plans
- Real-estate project financing plans
- Ontario PNP, Start-Up Visa & family-business plans
Financial Modeling in Toronto
Investor-grade and lender-grade financial models for Toronto founders — SaaS ARR/cohort/CAC/LTV models, fintech unit economics, real-estate project pro formas, professional practice valuations, multi-location expansion models, cap tables and scenario analysis built to survive due diligence.
- SaaS ARR/cohort/CAC/LTV models
- Fintech & marketplace unit economics
- Real-estate project pro formas
- Professional practice valuations
Toronto Industries & Neighborhoods We Cover.
Deep specialization across the industries that actually define Toronto's economy — and physical presence available across every Toronto neighborhood.
Toronto industries we serve
Our deepest Toronto expertise — click any vertical for the industry landing page.
Toronto neighborhoods we cover
Remote-first for everyone. On-site quarterly reviews available across every area below.
Remote-First, Toronto-Ready.
The engagement rhythm every Toronto client can expect — designed around your Slack, your calendar, and your Toronto location.
Free 30-min discovery call
NDA before the call, always. We walk through your business, your Toronto context, your priorities and your deadlines. Honest answer on fit inside the call itself — not a follow-up email.
Written proposal in 48 hours
Scope, deliverables, timeline and fixed fee — all in writing. If the scope needs to change, we redraft once for free. What we quote is what you pay.
Start in 3–5 business days
Engagement letter signed. Access granted to your Toronto QuickBooks, Xero, bank feeds and prior financials. First deliverable — usually a cash snapshot or investor update — lands the same week.
Weekly cadence + on-site
Standing weekly call, always-on Slack, monthly close by the 15th, quarterly business reviews on-site across Toronto when you want them. No help-desk queue, no offshore relay.
What Toronto Founders Say After 90 Days.
We were closing our Series A and our previous accountant had no idea how to handle ARR, cohort analysis, or deferred revenue under ASC 606. Ledgerive rebuilt our SaaS financials in three weeks, prepared the entire due diligence data room, and built the model our lead investor used to close the round. Closed at valuation, and we now have a Fractional CFO alongside us through the growth phase.
Our fintech was scaling fast and Bay Street lenders were asking for board packages and unit economics we didn't have. Ledgerive built proper cohort analysis, CAC/LTV modeling, and monthly board packages that our credit facility hinges on. Six months in and our reporting is now better than most public fintechs I know. It's changed how we operate the whole business.
My family runs eight restaurants across the GTA and each one had different bookkeeping, no consolidated reporting, and no visibility into which sites were actually making money. Ledgerive consolidated everything on QuickBooks Online, set up proper site-level P&Ls, and gave us weekly cash flow across the group. We closed two underperforming sites in the first quarter and margins across the group are up meaningfully.
We're a mid-size condo developer running three concurrent projects across the GTA. Our previous accountant was posting everything to one giant P&L and we had no idea which projects were on track. Ledgerive rebuilt project-level pro formas, proper construction draw accounting, and HST recovery on our new residential units. We recovered six figures in the New Housing Rebate alone that had been left on the table for years.
Questions Toronto Businesses Ask.
Straight answers to the questions that come up on nearly every Toronto discovery call.
Do you have an office in Toronto?
Which Toronto industries do you specialize in?
Are you familiar with Toronto-specific business programs?
Do Toronto businesses need a full-time CFO or a Fractional CFO?
Do you work with Toronto SaaS and fintech startups?
Do you work with Toronto professional services firms?
Do you work with Toronto real estate developers and operators?
How is Toronto different from Mississauga or the rest of Ontario for finance work?
How quickly can you get started with a Toronto business?
Do you sign an NDA before the discovery call?
How do you handle pricing?
Ready to get finance right for your Toronto business?
30 minutes. NDA first. No pitch. Just a real conversation about your Toronto business, your next 12 months, and whether we're the right team to deliver the finance work behind them.