Boulder-based CFO who started in venture capital, then spent a decade as a founder and operator building two CPG brands from scratch. Today he builds finance functions where none exist and the cash flow forecasts that tell a leadership team how much time they actually have.
CFO
Ex-VC · Two-time CPG founder · SaaS CFO
About
Jared Lovenduski started his career as a venture capital analyst and associate, learning how to evaluate business models, stress-test assumptions, and understand what makes companies fundable and profitable, and what kills them before they get there.
He then spent a decade as a founder and operator, building two CPG brands from scratch: scaling them in retail and online, fundraising through multiple rounds, navigating co-manufacturer complexity, and eventually winding down with as much integrity as he could manage. That is where his financial instincts really got tested.
Since 2022 he has run a fractional CFO practice through 1070 Ventures, working with founders and leadership teams in SaaS, CPG and manufacturing who need a genuine thought partner, not just a reporting function.
His most recent SaaS engagement was with an AI-native, B2B, outbound sales-led company that had no finance function when he arrived. He built it: internal practices, accounting cleanup, reporting cadence, FP&A infrastructure. He built an 18-month cash flow forecast that modelled seat-level churn, the annual versus monthly subscription mix and its deferred cash timing effect, Stripe reserve dynamics, and headcount additions against runway, all built from and reconciled to live Stripe subscriber data. He worked across a growing go-to-market team (VP of Sales, two AEs, marketing) to model sales capacity and pipeline against burn. He owned the Stripe-to-accounting reconciliation, the unglamorous work that prevents nasty surprises. He hired and onboarded bookkeeping support and wrote the role description and hiring criteria for the company's first controller. And when growth turned into deceleration, he guided leadership through the hard conversations about burn rate, runway, and what had to change.
SaaS has its own vocabulary and financial logic: MRR versus ARR, the cash flow effect of an annual versus monthly subscription mix, net revenue retention, CAC payback, seat and user unit economics, and the difference between outbound and inbound. Jared is fluent in that language. But as he puts it, the core job is always the same: make sure the business doesn't run out of money before it proves what it needs to prove.
His CPG background is not a detour from CFO work. It is where much of his leadership instinct comes from. He founded and scaled Lillabee Snacks over 10 years, and separately served as Founder/CFO and interim CEO of Adapto Foods. CPG companies live and die on working capital, customer payment terms, co-manufacturer relationships, and the gap between when you spend and when you collect. And product quality. That discipline, running a business through capital constraints where the margin for error is small, translates directly to any company trying to scale without running out of runway.
He has worked with many clients in natural food and beverage CPG across a range of scale, business-line complexity and funding stage. He is also engaged with a funded startup in the end-of-life services industry whose B2B revenue model centres on licensing technology and proprietary hardware systems to funeral homes and cemetery operators nationwide.
The core job is always the same: make sure the business doesn't run out of money before it proves what it needs to prove.
Jared Lovenduski
What Jared works on
Jared has sat in the investor's chair, the founder's chair, and the CFO's chair. These are the problems he has run himself, not just advised on.
Internal practices, accounting cleanup, reporting cadence, FP&A infrastructure. When a company has grown past the point where the founder can hold the numbers in their head, Jared builds the thing that holds them instead.
Seat-level churn, subscription mix, payment processor reserve dynamics, headcount additions against runway. Built from live subscriber data and reconciled to it, so the forecast survives contact with the bank account.
MRR versus ARR, net revenue retention, CAC payback, seat and user economics, and the cash timing difference between an annual and a monthly plan. Fluent in the vocabulary, and clear about which numbers actually drive the decision.
Customer payment terms, co-manufacturer relationships, and the gap between when you spend and when you collect. Jared ran two CPG brands through exactly this, where a small error is an existential one.
Non-AI-native companies are fighting the "why not just use AI" question. AI-native companies are navigating model cost volatility, margin compression, and the risk of becoming a feature in someone else's product. Jared makes the case to investors anyway.
The tough conversations about burn rate, runway, and what has to change. Jared has had them as the CFO in the room and as the founder on the other side of the table, including winding a business down with integrity.
Career
Now
Runs CFO engagements for founders and leadership teams in SaaS, CPG and manufacturing. Owns the finance function, the forecast, and the conversations about capital that come with them.
Since 2022
His own fractional CFO and business finance practice, based in Boulder. Business plans, cash flow forecasts, valuations and financial projections for SaaS, CPG and manufacturing companies, working with founders, leadership and investors.
2021 to 2023
A CPG brand built around pantry staples enriched with adaptogens and botanical supplements. Jared held the finance seat and stepped into the CEO seat on an interim basis.
2010 to 2022
Twelve years building an allergy-friendly, grain-free snack brand from scratch: retail and online scaling, multiple fundraising rounds, co-manufacturer complexity, and eventually a wind-down handled with integrity.
Started here
Five years evaluating business models and stress-testing assumptions from the investor's side of the table. Where he learned what makes a company fundable and profitable, and what kills it before it gets there.
Recent engagement
Outbound sales-led, growing fast, and running entirely without finance when Jared arrived. He built the function from scratch, then built the forecast: 18 months of cash flow modelling seat-level churn, the annual versus monthly subscription mix and its deferred cash timing effect, Stripe reserve dynamics, and headcount against runway, all reconciled to live Stripe subscriber data.
Alongside that: reconciliation between Stripe and the accounting stack, capacity and pipeline modelling with a growing go-to-market team, a bookkeeper hired and onboarded, and the role description and hiring criteria written for the company's first controller.
The company grew substantially during the engagement before hitting headwinds that ultimately reshaped the business. Jared guided leadership through the deceleration: burn rate, runway, and what had to change. That is not a comfortable place to be. It is where a strategic CFO earns the engagement.
Hot takes
Overrated
A CFO who only produces reports is an expensive bookkeeper. Founders in SaaS, CPG and manufacturing need a genuine thought partner who will argue with them about the plan, not a monthly file drop.
Underrated
Getting Stripe and the accounting stack to agree is unglamorous and nobody wants to own it. It is also the difference between a forecast you can bet the company on and a spreadsheet full of surprises.
Dangerous myth
ARR does not tell you when the cash lands. An annual-heavy mix and a monthly-heavy mix at identical ARR give you two completely different runways. Model the timing, not just the headline.
Experience & credentials
Two-time CPG founder and operator
Founder and CEO of Lillabee Snacks for 12 years, and Founder/CFO and interim CEO of Adapto Foods. Retail and online scaling, multiple fundraising rounds, co-manufacturer complexity, and a wind-down handled with integrity.
Five years in venture capital
Analyst then Associate at Midwest Financial. Evaluating business models, stress-testing assumptions, and learning what makes a company fundable and profitable from the investor's side of the table.
Board member, Shining Mountain Waldorf School
Trustee since 2024 at an independent nonprofit school serving preschool through grade 12. Financial governance, risk management, budget approval and long-term sustainability.
State University of New York College at Potsdam
Undergraduate degree, 1992 to 1996.
Jared works alongside
Matt Putra
Founder, Managing Partner
Vancouver-based founder. Former PE group CFO ($500M+ deployed). Closed multi-eight-figure exits including Turmeric Co. to A.G. Barr and Natural Dog Co. to Morgan Stanley.
Leandro D'Elia
Senior Partner & CFO
Argentina-based turnaround CFO. Ex-YPF and Galileo Technologies, where he built the finance function that prepared the group for a Wall Street IPO.
Sam Dillon
Managing Partner, APAC
Melbourne-based Chartered Accountant. Leads Eightx's Asia Pacific fractional-CFO practice for $5M to $50M ecommerce brands.
Outside work
Jared lives and works in Boulder, Colorado, the same town where he built both of his CPG brands. Since 2024 he has served on the Board of Trustees of Shining Mountain Waldorf School, an independent nonprofit serving preschool through grade 12, where he contributes on financial governance, budgets, risk and long-term sustainability. Same instincts, different balance sheet.
Work with Jared
If you're a SaaS, CPG or manufacturing company that needs a genuine thought partner rather than a reporting function, book a 30-minute call.
Talk to Jared30-min call · Money-back if we don't find value · SaaS · CPG · Manufacturing