This award provides a proof-point that we provide an invaluable service to early-stage companies: taking on the burden of financial management so that entrepreneurs can focus on their core business.
San Jose, CA (PRWEB) October 17, 2013
Early Growth Financial Services (EGFS), an outsourced financial services firm that offers a full-suite of financial services to early-stage companies, has been recognized on the prestigious list of Fastest Growing Private Companies (“Fast Private”) as selected by Silicon Valley Business Journal. EGFS was honored to receive the ranking of #5 out of 52 companies. The award ceremony took place on October 15, 2013 at the Computer History Museum in Mountain View, Calif.
The Fast Private awards measure three-year growth, looking at 2012 revenue versus 2009 revenue. During that timeframe, EGFS grew 530% -- an impressive leap which secured them the #5 spot. EGFS’s growth in 2013 has been fueled by its addition of new, comprehensive service offerings -- such as valuation and taxes -- as well as its expansion into new markets, with an office in San Diego opening earlier in 2013 on the heels of its first SoCal office in late 2012. Continued rapid growth is expected in 2014 as EGFS breaks into new markets and enhances its suite of services, the better to provide early-stage companies with a completely integrated financial solution.
"We are thrilled to be recognized as the fifth fastest growing private company in Silicon Valley,” said David Ehrenberg, CEO of Early Growth Financial Services. “Our team is so proud of what we have accomplished -- and of what we continue to accomplish. Our momentum is building as we look ahead to 2014. This award validates our hard work. And it provides a proof-point that we provide an invaluable service to early-stage companies: taking on the burden of financial management so that entrepreneurs can focus on their core business.”
The un-ranked list of companies appears here (http://www.bizjournals.com/sanjose/event/78431#eventDetails) and all award-winning companies will be recognized in a special publication of the Silicon Valley Business Journal on October 18th.
Early Growth Financial Services has extensive experience working with companies at all stages of development to provide services to keep internal resources focused on the business. EGFS offers a complete suite of services from valuation and taxes to high-level financial strategy and day-to-day finance, accounting, and administration -- all of which can easily be outsourced without impacting business operations. Headquartered in the Bay Area, EGFS also has operations in LA, San Diego, Seattle and New York City. Customers include TechShop, Rocketspace, and OpenERP, as well as over 175 small and mid-size businesses around the United States. For more information, visit http://www.earlygrowthfinancialservices.com.