Larry Kramer Email & Phone Number

Kepha Partners is a venture capital firm based in Waltham, Massachusetts. The firm is passionate about starting companies and its partners have successfully and repeatedly helped entrepreneurs take companies from idea to reality. Over their 70 years of collective experience, they have worked with over 60 founding teams and have established a proven track record of being an entrepreneur’s trusted partner. Through its “Venture Building” program, Kepha Partners advises start-ups with active hands-on participation, often before a business plan is written. In addition, the firm has helped start a number of companies in Kepha’s offices. By working with founders to refine their product development and go-to-market strategies, make key hires, and close initial deals, Kepha helps its portfolio companies establish a strong early foundation for success. The firm manages $200 million of capital. Larry assisted Kepha’s veteran CFO during 2017-2018 as his backup in providing CFO services through 2017’s year-end audit and tax season for this ten year old $200Mil across two funds firm, leveraging Larry’s decade in venture and past relationship with Kepha’s CFO. Larry continues to work weekly with the founding team and assumed CFO role 1/1/19

North Andover, Massachusetts, Us

You’re With Us! is a nonprofit founded in early 2015 that creates inclusion opportunities for young adults (14+) who, because of their disabilities, are not part of a group, community or activity that would be typical of their abled peers. YWU began supplying services to families in mid-2015, and seeks to create better communities by harnessing the benefits of inclusion for the disabled. YWU believes that not only do the differently abled need inclusion opportunities in order to thrive, but also that these opportunities allow them to contribute to their community in ways that have gone unrecognized in the past. YWU identifies and trains college clubs, groups, and teams to be welcoming and supportive peers to the disabled. The college group then creates a Positive Experience Design (PED) customized for the young adult to help him or her transition from school to an adult life in the community.Larry joined YWU in mid-2016, per founder Michael Plansky’s request, in booking all FY15, sourcing the CPA and managing the 2016 tax filing. Larry provides bookkeeping to CFO services on a monthly basis to Michael, and assists where needed on state filings, budgeting, contracts and grants, monthly financial reporting, and nonprofit startup advice.

Commonwealth Capital Ventures was founded in 1995 by a team of experienced venture capital investors. With more than $580 million of committed capital under management and top vintage performing funds, the firm’s partners have invested in roughly 140 high-growth companies, many of which are leaders in their respective industry categories. CCV’s limited partners are highly sophisticated venture investors and include leading educational and financial institutions, pension funds, and family offices. CCV is aligned with its investors in providing patient capital with a view toward long-term success. Larry joined CCV in late 2015 as he returned back to his venture roots and decade of North Bridge Venture Partners and Growth Equity experience. Larry was asked by the departing veteran CFO to jump into 2015’s year-end audit and tax season. Larry provides CFO services to this 1995 founded veteran $600Mil across four funds venture firm. Larry manages and works with CCV’s outsourced fund accounting vendors, big four and local CPA firms, annual audits and taxes, quarterly LP and Advisory Board reporting, fund cash forecasting models, and works weekly with the general partners and internal staff in providing trusted venture oversight and back office advice.

Wellesley, Massachusetts, Us

Staley Capital is a Boston-based growth capital firm focused on tech-enabled business services and software companies. Staley seeks to invest $5-19 million to help fuel sales and marketing expansion in IT-enabled services businesses with demonstrable value propositions, referenceable customer relationships, and explosive growth potential. As growth investors, Staley creates value by collaborating with executives and exchanging views on key trade-offs and priorities, enabling Staley to maximize the value added as trusted advisors, analytical problem solvers, and sources of executive talent and client leads. Larry joined Staley in early 2016 and provides CFO services to this eight year old $40Mil across two funds firm, leveraging Larry’s decade in venture at North Bridge Venture Partners and Growth Equity. Larry manages and works with Staley’s outsourced Boston fund accounting vendor, CPA firms, annual audit and tax, its management company, reporting, new fund modeling, Quickbooks, and internal staff and colleagues in providing trusted business advice.

Salem, Massachusetts, Us

LEAP For Education is a $1Mil non-profit that provides free programs to low-income and first- generation-to-college youth ages 11 -24. These programs provide academic support and enrichment, career and college readiness skills and career and college advising. LEAP does this through its two programs, the Academic Learning Center in Salem and College Success Program in Salem, Peabody and Gloucester.Larry joined FuelEd in mid-2016 in providing, with FMA and client’s staff, daily bookkeeping to CFO remote services to this $1Mil nonprofit founded in 2014 after a decade begun as a program of another North Shore of Boston nonprofit. Larry immediately closed FY15 with a new CPA, and then ongoing provides LEAP with comprehensive monthly reporting, improved Quickbooks structure, working with cross functional colleagues, managing annual audits and taxes, Board reporting, etc.

Houston, Texas, Us

FuelEd Schools is a Houston non-profit dedicated to strengthening educator preparation, quality, and retention by equipping educators with the social and emotional competencies essential for building relationships in schools. FuelEd believes that if it equips educators with essential social-emotional competencies, then they will remain in their professions longer and develop stronger relationships with all school stakeholders. In turn, these relationships will drive students’ academic, social, and emotional learning.Larry joined FuelEd in January 2016 to catch up required 2014 and 2015 audits, leading to providing, with FMA staff, daily bookkeeping to CFO remote services to this $1Mil nonprofit founded in 2012. Larry brought to FuelEd comprehensive monthly reporting, controls and processes, a new CPA audit and tax vendor for clean audits, weekly business advice to colleagues, redesigned Quickbooks reporting structure, H/R and payroll, grant reporting, etc.

Boston, Massachusetts, Us

Ridgeway Partners is a global advisory firm specializing in executive search, board appointments and succession planning for a select group of multi-sector, domestic and international companies. With offices in New York, Boston and London, and research support across the world, Ridgeway’s network is truly global. Clients range from privately held companies to Fortune 100 companies. Larry joined in mid-2015 in providing daily bookkeeping to Controller/CFO services to this well-known boutique retained search firm founded in 2005. Larry brought to the partnership improved and comprehensive monthly/metrics reporting, controls and processes, streamlined info to their CPA tax vendor, business advice to partners and colleagues, an understanding of partnership mechanics and challenges, all accounting related duties, and where needed Larry’s own network of potential candidates.

Boston, Ma, Us

Managing Partner at Foundation Management Associates, a provider of outsourced accounting (bookkeeping to CFO) services to small to medium size non-profit organizations, start up organizations, for-profit firms and venture firms - those who need the expertise of a CFO or Controller, but can typically only afford a bookkeeper.FMA provides a full range of internal accounting services, from budgeting to bookkeeping to internal management of the external CPA audit process and other CFO-level services. Our remotely-operated and virtually paperless financial reporting model has proven very cost effective for our clients, and our services are packaged at a price that is often no more than the cost of a good bookkeeper. For smaller non-profits and businesses we effectively serve as their internal accounting department, assisting them with a wide variety of accounting services. It is cost-effective because we can leverage our staff across many clients, providing these services for just the amount of time needed each month.For larger non-profits we provide a range of services from outsourced controller and CFO services to certain administrative and bookkeeping functions.Please feel free to contact me by email at lkramer@fm-associates.com. Specialties* Outsourced Accounting & Administrative Support Services to non-profit organizations and start up businesses. Cumulative decades of experience in working with, then for, nonprofits.* Outsourced accounting services in the Bahaman and other developing countries* Internal assistance with managing the A-133 audit process.* Assistance with establishing simple but effective internal controls and systems in foreign locations.* Real-time electronic documentation storage (disaster recovery) maintained in the U.S. for foreign financial transactions* Knowledge of what venture backed entrepreneurs and start-ups need to succeed and what their investors require from them given our decades in the VC industry

Current Client:A non-profit adoption support organization. Established in 2012 by Larry and founder Jennifer Eckert, BPAR provides innovative support services to clients trying to navigate through the complex pre and post world of child adoption. FMA provided BPAR with comprehensive initial start-up services, ranging from accounting system design and installation, IRS 1023 application support, lease negotiation and space build-out as well as assisting them with providing key referrals for banking and legal. FMA serves as their ongoing provider of outsourced bookkeeping, CFO and accounting services.

Wellesley , Massachusetts, Us

The Waltham MA and San Mateo CA based, top tier, early stage venture capital and growth equity firm, began in 1994, with $2.9Bil in active funds managed and 45 employees among five active funds.This role and my ~8 years 2004-2021 allowed me to wear multiple hats and add value wherever needed, including modeling and closing deals, accounting and reporting at fund and corporate levels, budgeting and FP&A, banking and opening lines of credits, successful fundraising of our last three $1.6Bil in funds, IT and facilities, bi-coastal 2006-2008 $1Mil/each space build outs and project management, website creation/redesign 2005 & 2010 and resident webmaster, unofficial photographer for North Bridge events, resident boardroom audio visual technology expertise, all H/R and payroll and benefits administration and hiring processes as assisted in the growth from 17 to 50 employees since 2004, assistance to portfolio companies and venture/growth equity partners, fund and management company LLC formations, three 1990s fund closures, all ~150 annual tax returns across 50+ entities review/filings, all insurances, vendor negotiations, contract reviews, events assistance, etc. My Board involvement and network within FEI also allowed me to assist partners and portfolio companies with finance hiring needs and candidates. Never was a dull day and was fun to juggle all the balls in the air. I then returned in 2021 to be outsourced CFO in joining my colleagues again!

Needham, Ma, Us

Established in 2006, Beyond BookSmart is a national leader in providing Executive Function coaching to students in elementary school, middle school, high school, and college. Executive Functions are self-management skills that help people achieve goals. In order to be effective, students must be able to manage their emotions and attention, organize and plan their work and time, and reflect upon and revise their tactics as circumstances change. Employing 250 coaches nationwide and serving thousands of families since its founding, the firm provides proven one-on-one onsite and online coaching for its clients.Since 2015, FMA provides BBS with daily bookkeeping to CFO services for this privately owned/minority investor growing market leader. Larry works across functions, and with the leadership team, Board, CPA tax vendor, and others in providing trusted business advice and his venture capital and for profit background.

Startup Secrets is a 2017 startup nonprofit that offers aspiring and experienced entrepreneurs a place to learn smarter strategies for building companies and to share information with and connect with experts and one another. The firm helps both first-time entrepreneurs learn what they need to start a company, as well as meeting the needs of seasoned entrepreneurs who grapple with advanced business problems. The firm offers a range of online and offline activities, hosts live events, creates widespread accessibility, builds a community, and builds off of a decade of content from venture veteran Michael Skok (founder of Underscore.vc and a former partner at North Bridge Venture Partners).Larry worked with Startup Secrets founders Michael Skok and John Pearce (who Larry worked with at North Bridge) in 2016 in forming this nonprofit. Its IRS Form 1023 was filed in 2017 and an executive director was hired. Larry helped this startup establish the IRS filing, banking, payroll, insurances, state filings, Quickbooks, multi-year budgeting, monthly financial reporting to the director and Board, and nonprofit startup advice.

Newton, Massachusetts, Us

Adoptions With Love, Inc. is a private, $2Mil non-profit, full-service, licensed domestic adoption agency. For 30 years AWL has been assisting expectant/birthparents to make loving and thoughtful adoption plans for their children. AWL assists prospective adoptive parents build or expand their families.Larry and FMA joined AWL early 2017 and provides weekly bookkeeping to Controller on-site services to management, the CFO and the Board, while working with in-office colleagues.

Chicago, Us

Nonprofit pioneer SAGA Innovations transforms the lives of at-risk students by giving them the skills, the attention and the self-esteem they need to succeed. SAGA’s tool is "high dosage" tutoring: personalized instruction from Professional Tutoring Fellows, for one class period every day for an entire school year.Larry joined founders Alan Safran and Antonio Gutierrez in late 2014 in providing, with FMA staff, all accounting to CFO services to SAGA in its continued growth from a startup to $10Mil serving the NYC and Chicago public school markets, 2,500 students, and via 250 tutors. Larry implemented at SAGA comprehensive monthly reporting to management and the Board, detailed cash forecasting, new controls and processes, working with the CPA audit and tax vendor, business advice to colleagues in an explosive growth nonprofit, assistance to cross functional colleagues and outside vendors, treasury, implementing Concur and credit card program for 50 cardholders, grant reporting, monthly allocation accounting across 20+ classes and major contracts/grants, etc.

Brookline, Ma, Us

The Food Voice was founded in July 2017 by merging three existing companies, the public affairs and event company, Let's Talk About Food LLC. (LTAF), and the two magazines, Edible Boston (EB) and To Market (TM). These organizations have been engaging, educating, convening and connecting with the greater Boston community in issues around our food ecosystem for over 8 years. The food world in New England is vibrant. Consumers and food producers, chefs and health professionals, fishermen, farmers, business people, academics and policy makers are all keenly tuned in to the importance of a vital and sustainable food system. But as it exists, the food world is fragmented. People and organizations all over New England and beyond work on similar projects where they might share Best Practices but are currently unaware of each other’s work. The Food Voice will be the connector.Larry formed TFV with founders Ilene Bezahler and Louisa Kasdon in 2017 in working with the CPA on its IRS filing, creating three year budgeting projections, providing business strategy and nonprofit startup advice, implementing back office areas such as payroll, insurances, banking, and reporting.

The Boston Consortium for Higher Education, Inc. (the “Consortium”) was established as a nonprofit in 1995 by the Chief Financial Officers of eleven Boston-area colleges and universities. The membership now includes seventeen colleges and universities. The Consortium acts as an external resource in creating a collaborative environment that inspires member institutions in the development and practical implementation of innovative cost management and quality improvement ideas. The Consortium’s $3Mil of revenue is generated mainly from membership dues and fees charged for programs run by the Consortium.FMA joined TBC in early 2015 in providing bookkeeping to CFO services on a monthly basis. As lead FMA partner on the account, Larry got the client caught up for FY15 audit, converted Great Plains to a hosted Quickbooks system and training internal staff, implemented improved quarterly reporting for management, Board and auditors, implemented a fringe benefits allocation methodology, and worked alongside internal staff to produce clean FY16 & FY17 audits, etc.

Past Client:A venture backed for-profit technology start-up which created Postwire, a leading application for collecting and sharing information (weblinks, videos, documents, pictures) privately and sharing it in a visually engaging way. VisibleGains chose and entrusted FMA to provide them with comprehensive outsourced finance functions in addition to providing all back office operations. Larry and founder Cliff Pollan integrated and merged VisibleGains into Sococo Inc. in 2016 in the online collaboration technology space.

Past Client:Verna Myers is a nationally recognized expert in diversity issues within law firms and other legal settings, and has been advising law firms about recruitment and retention of attorneys of color since 1992. VMCG's driving mission is to help our clients succeed: to help them transform diversity from a painfully elusive human resources goal into a real, positive, invigorating fact of life – a feature that inspires new thinking, attracts new talent, and opens the door to new business.FMA helped this growing woman and minority owned business by creating and maintaining new financial reporting models and transparency, including detailed weekly six month cash forecasts, revenue and deferred revenue models, billings and backlog reports, and A/R. FMA worked closely with the senior team in providing bookkeeping to CFO services, guidance and advice, leveraging trusted tax vendors, treasury and cash management needs, understanding cash burn rates, key metrics and goals, etc.

Boston, Massachusetts, Us

Past Client:Founded in 1877, CWS is a $4Mil leading and innovative organization helping adults to transform their lives through employment. CWS provides effective job training, placement and support services that lead to greater economic self-sufficiency and advancement for our graduates. CWS has over 135 years of experience operating profitable businesses that provide training slots, internships and employment opportunities for our graduates while meeting the needs of our customersWorkforce Development - CWS assists men and women to effectively enter the workforce, seek advancement and pursue higher education to achieve greater economic self-sufficiency. We offer classroom learning and hands-on training so that individuals gain technical and personal skills to successfully enter the job market. We help 800 people annually to overcome barriers to employment, including those with disabilities, people on public assistance, the homeless, veterans, mature workers, and individuals in poverty.Business Services - Since our founding, CWS has operated profitable Business Enterprises that today generate nearly 40% of the organization’s annual revenues. Our businesses specialize in Assembly & Packaging, Property Maintenance, Food Services & Catering and Staffing Solutions. Our business enterprises serve nearly 150 customers from the business, nonprofit and government sectors. FMA's contributions from 2012-2014 included seamless transition from the prior veteran 3 person staff in providing better controls+cost savings by our outsourcing, accelerated billing to increase critical cashflow, creation of daily+rolling 12 mo cashflow models, reducing mo'ly closes from 6 weeks to two, business partnering to senior mgt, providing photography for fundraisers, automating payroll, improved reporting, and back office expertise to add value (and saving CWS $75K/year). FMA then transitioned in 2014 all accounting operations to new NYC parent FedCap Rehab Inc.

The $30Mil technology website/interactive media arm of the $1Bil+ sports and marketing, 40 year old conglomerate IMG, serving clients like Tiger Woods, USGA, USTA, Williams Sisters, Wimbledon, British Open, etc. I worked directly for IMG Mark McCormack founder's son, TWIi's CEO Todd McCormack. I came on board to replace a departing VP Finance as well as the departed Controller, then within two months assumed my departing boss/CFO's duties. I modeled out the sale of our $1Mil hosting business to Saavis, then modeled the earn-out buyout of the $40Mil majority external shareholders. I integrated this Brighton MA company/accounting functions to NYC TWII headquarters.Months after I left, my early 2004 photo shoot as a "business traveler" at Logan Airport was used when Comcast was landed as the sponsor for the first ever wi-fi system at Logan (a joint venture project I managed the finance and reporting for). My photos with a co-worker were up in lightboxes through 2007. (Who says finance guys can't model).

The leading syndicated content solutions/services and aggregator of current awareness news, delivered right to desktops (this was pre-internet and valuable!). A $70Mil public company with 300+ employees. Hired as the first ever Assistant Controller, but within seven weeks replaced the departing Controller. We turned a historic quarterly net loss company into profitability in 2000 but with economic conditions and competition from the internet, we sold the firm to Thomson in mid-to late 2001. I spent 2002 on the successful post acquisition integration of my department of twenty down to Cary, NC's The Dialog Group business. If you're curious, ask me about the greatest investment payback of my career - I turned $1 into $100,000 for NewsEdge in 2001.

A $325Mil publicly traded, 800+ employee money management firm, with $10Bil in assets under management, in addition to global mining and timber operations, Eastern European financial services, venture capital, and other diverse lines of business. I moved from a FP&A role to the Assistant Controller role to Manager-Domestic Accounting and earned my Boston University MBA part time 1990-1995 with honors. Major accomplishments in growing a 400 person Boston company to one with 800+ employees across various countries and industries included lead role in implementing a $1.5Mil PeopleSoft accounting system, the finance member of the team which created the first ever mutual fund and operations in Poland (hit $1Bil in assets at its height), running nine years of increasingly successful United Way Campaigns raising $450K cumulatively, teaching Junior Achievement for two years, and fundraising for The Boys & Girls Club of Boston. This period was personally memorable as I was married in mid-1993, homeowner by mid-1994, father by mid-1995 and puppy owner as well, and blessed with my three beautiful daughters by mid-1999.

This NJ boy graduated Rutgers in 1985 with high honors to join GE in upstate NY. I had rotational assignments in corporate tax, FP&A in Power Systems and accounting at GE while completing its prestigious and demanding 2 1/2 year Financial Management Program. I sought out and then spent one year at GE Capital's Stamford Conn. headquarters, in a corporate FP&A role serving the 26 businesses of GECC, before leaving to join with and work for several ex-GE'ers at The Pioneer Group in Boston who gratiously tolerated a NY Yankees fan within Red Sox Nation.

Mba, Concentration In Accounting/Finance

Fmp, Finance And Accounting

Ba, Economics And English

Education record