Fractional CFO · Financial modeling · Risk advisory
Strategic finance
for decisions that
cannot rely on guesswork.
We turn complex financial and operational data into structured scenarios, so startups, SMEs and investors can decide with a range in front of them, not a single guess.

Evidence
What the work has supported
Engagement outcomes since launching in 2020. Figures reflect client engagements; capital raised refers to capital raised by clients we advised, not by Benhamou Consulting.
0+
Startups supported
pre- and post-funding
$0M+
Raised with our support
capital raised by clients we advised, not directly by Benhamou Consulting
0+
SME processes optimized
financial and operational
0+
Investment portfolios supported
portfolio analytics and oversight
Global client reach · 20+ countries
Clients
Who we work with
Startups, SMEs and investors across SaaS, fintech, healthcare, mobility and marketplaces.
10D
AlgaeCal
BeigeTech
Bigvu
Centime
Chai Digital
Climate Chain
Credit Builder Card
Delphia
Digipermis
Direct Software
Edocate
Fenix
Flow your money
Fohr
Fotonica
Herocoders
Hypergrowth
InquisitHealth
Kingfisher Medical
LawTrades
Macrofin
Mayku
Memberstack
OOT
Decision support
What decision are you trying to make?
Pick the question in front of you. We map what needs to be modeled, which service answers it, and the proof that it has been done before.
Select your question
- Your question
How much runway do we have?
- What needs to be modeled
A rolling cash-flow forecast connects your burn rate, hiring plan, and revenue assumptions to show exactly how many months of runway remain, and what changes it.
- Recommended service
Ongoing strategic finance support for forecasting, fundraising, reporting, and management decisions.
- Relevant proof
Services
Three ways we help
Each service addresses a different type of financial decision, and each is built on a different model structure.
Method
From assumptions to scenario ranges
Operating assumptions feed a driver-based model. The model returns a range, not a single number, so you can see the upside and the downside before committing.
Assumptions
Hover an assumption to widen the range
Global reach
We help clients anywhere in the world
Remote-first engagements across 20+ countries, anchored in Israel, the United States, the United Kingdom and Switzerland.
Select a location to see the engagement type
In their words
01 / 04
After nearly 30 years of building complex business models in spreadsheets, I became aware of the Causal application through a business associate of mine here in Tampa. After acquiring the application, Causal's founders pointed me to Raphael as an expert in using their tools and building complex models. Raphael was a Godsend in working through building out a series of business models we have used in our latest fundraising efforts. Not only were the models exceptionally well built, our investors loved them as they clearly depicted "how" our business operated and the means by which revenue and costs flowed across numerous business lines.
Sector knowledge
The variables that decide the answer
Every sector has a different set of numbers that move the outcome. Select one to see what we model first.
Variables that decide the answer
The SaaS industry places a strong emphasis on generating recurring revenue and the cost of customer acquisition. Revenue recognition and forecasting can be complicated due to pricing packages, subscription packages, and client behavior.
- How does churn at different tiers affect ARR?
- What CAC is sustainable given our LTV?
- How long is our runway at current burn?
Engagement path
Every stage produces something you keep
One continuous engagement, five stages, each ending in a tangible artifact that stays with your team.
- 01
Discovery
Understand your business model, current financial infrastructure, and decision-making needs.
Scoping brief
- 02
Assessment
Review existing forecasts, reports, and processes. Identify gaps and priorities.
Assumption review
- 03
Build
Create or rebuild forecasts, reporting cadences, and decision-support tools.
Driver model
- 04
Embed
Join leadership meetings, board prep, and investor discussions as the finance voice.
Scenario comparison
- 05
Transfer
Document processes so your team can operate the systems independently.
Handover pack

Founder
A career spent modeling other people’s hardest decisions
Raphael is a finance, strategy and risk consultant whose career spans building analytical tools for multi-billion-dollar investment strategies in mining to following a micro-mobility startup through several funding rounds. He founded Benhamou Consulting in 2020 to give startups, SMEs and investors access to senior finance support, custom models and quantitative risk analysis.
Mining & investment strategies
Analytical tools for multi-billion-dollar investment strategies.
Startups
Followed a micro-mobility startup through several funding rounds.
Financial models
Custom models linking operating drivers to financial outcomes.
Risk
Quantitative analysis of uncertainty and downside ranges.
Benhamou Consulting
Founded in 2020 to give senior finance support to smaller teams.
Partnerships
Working alongside the ecosystem
Benhamou Consulting
- Venture capital
- Accelerators
- Incubators
- CXO networks
We lead finance for portfolio startups alongside funds, accelerators and incubators, and draw on CXO networks when an engagement needs additional expertise.
Research desk
Recent writing and conversations
Ready to talk through the decision you are facing?
Book a call. We will discuss your question, the data you have, and whether we can help.

















