KTT Global Advisors

GET STARTED

Airbrake Case Study

  • Background

Airbrake Technologies is an error and performance monitoring application for B2B SaaS platforms. Their technology allows companies to identify, diagnose, and fix any errors that threaten software functionality.

  • Challenge

While their technology was solid, Airbrake was overly focused on product development and not enough on growth. New funding from incoming investors meant that the company had to bolster its executive team and position themselves for the next stage.

  • Solution

KTT Global Advisors was brought on as a fractional CFO to offer financial structure and growth strategy. Over the course of one year, the KTT team rebuilt Airbrake’s financial infrastructure while overseeing accounting, metrics tracking, and forecasting.

As a fractional CFO, KTT Global Advisors became the financial face of Airbrake. The team was able to shepherd Airbrake to the next stage by leading fundraising and preparing them for a possible exit. 

  • Results

In just one year, KTT Global Advisors contributed to the following accomplishments:

  • Grew the company 15% during a pandemic.
  • Rolled out a stock option plan and benefits for employees.
  • Lowered costs by tightening expenses and renegotiating contracts.
  • Prepared Airbrake for a successful acquisition.
  • Tripled investors’ money in one year.
  • Testimonials
Bryant started working with Airbrake soon after the January 2020 acquisition by Elsewhere Partners. He quickly came up to speed on the business and identified areas where our financial systems and processes needed to improve. He closed a debt round months into his tenure, which gave the company additional flexibility and security during a challenging time in the global economy. His preparations made the due diligence process preceding the sale of Airbrake to LogicMonitor, move quickly and efficiently. I look forward to working with Bryant, and KTT Global Advisors, again.
Nick Stoffregen
Nick StoffregenVice President, Elsewhere Partners
I have worked with Bryant twice now in my role as CEO of a VC/PE-backed technology company. Bryant and his firm, KTT Global Advisors, was a critical partner in the year I was with Airbrake Technologies Inc., prior to its successful acquisition by LogicMonitor. From cleaning up the books, to implementing a true forecast and yearly budget to leading the raise on his debt round, Bryant was critical in getting the company into position for the sale. His knowledge of SaaS metrics and product led growth strategies and his ability to communicate to investors and board members was invaluable. As we progressed through due diligence, I knew that there would be no surprises that would derail the deal. Bryant and his firm got the job done extremely capably efficiently, and cost-effectively.
Treb Ryan
Treb RyanCEO, Airbrake Technologies

Ready to Get Started?

We’re excited to learn about your business and the challenges you face. Let’s have a quick chat about what we can do for you.

Let's Chat