---
title: CFO Compensation Snapshot | VC-backed software companies, New England
description: CFO Compensation Snapshot | VC-backed software companies, New England.
---

[BSG Executive Search Blog ](https://www.bostonsearchgroup.com/blog)

# [CFO Compensation Snapshot | VC-backed software companies, New England](https://www.bostonsearchgroup.com/blog/cfo-compensation-snapshot-vc-backed-software-companies-new-england)

 Written by [Clark Waterfall](https://www.bostonsearchgroup.com/blog/author/clark-waterfall) | Nov 1, 2011 1:55:51 PM

<https://www.bostonsearchgroup.com/hubfs/Imported_Blog_Media/dollar-sign1.jpg>

As executive recruiters, we often get asked about executive compensation.

So often—after we finish up a search—we aggregate the compensation data we’ve collected across the search, and share it back with the innovation community. In this case, we recently finished a CFO  search for a profitable SaaS software client located here in New England in September, 2011.

Here is the snapshot of compensation from our search—

<https://www.bostonsearchgroup.com/hubfs/Imported_Blog_Media/SaaS-software-CFO-compensation-slide-Sept-2011.png>

The footnote at the bottom of the image above articulates the following criteria for the majority of companies in this data set:

- SaaS software companies (virtually all B2B)
- Venture capital/externally funded
- Profitable stage
- Series A-D in funding, usually between $5M and $20M raised
- All companies located in greater Boston area

There are many variables to consider that influence where to pinpoint one’s own compensation vis-a-vis the above:

- The closer toward Boston/Cambridge and the  urban locations these represent,  the more likely compensation will be higher
- The later the stage of company development, the higher the CFO compensation, the earlier the lower
- The more money raised, usually the higher the compensation is in the above range
- Once a company reaches consistent profitability, executive compensation increases across the functional spectrum
- If a non-founder CFO vs. founder-CFO, cash compensation is likely higher (and equity lower in the range)

 

[View full post](https://www.bostonsearchgroup.com/blog/cfo-compensation-snapshot-vc-backed-software-companies-new-england)

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