About Pegacorn
We help startups grow into unicorns.
Pegacorn Group is a finance, accounting, and HR consulting firm built for venture-backed startups. We've worked with companies from pre-seed through public, across cybersecurity, biotech, healthcare, deep tech, and SaaS — quietly, and on their timeline.
The origin
Built from inside startups, not from a consulting playbook.
In 2014, Matt Twiford moved to Boston and joined a 200-person tech company with offices in Boston, San Francisco, New York, Australia, and Europe. He learned how finance works at scale — across geographies, currencies, and reporting cycles.
Eighteen months later, he became the sixth employee at a smaller startup. He learned how finance works at zero scale — when you're building the chart of accounts, picking the payroll provider, and closing the books yourself. The company was acquired in 2019.
He spent four more months at the acquirer integrating a New York-based acquisition, then took a sabbatical to travel.
The idea for Pegacorn took shape during that sabbatical. He'd already taken on a side-project client in 2017 — a startup that was itself acquired shortly after. The pattern was clear: founders weren't being underserved by a shortage of finance talent. They were being underserved by a mismatch. Bookkeepers who didn't understand venture economics. CFO consultants who delivered decks but didn't do the work. Big 4 firms charging Big 4 rates for things a fractional team should handle in a week.
Pegacorn was built to be the alternative: operator-led finance and HR for venture-backed startups, run by people who've actually done the work inside companies just like theirs.
Our framework
Finance succeeds or fails on three things.
Most fractional CFO firms sell hours. We sell outcomes. Across every engagement — pre-seed bookkeeping or pre-IPO audit prep — we anchor the work on the same three pillars.
Process
The right processes and procedures. Monthly close on schedule. Reporting that ties to actuals. Internal controls that scale with the team. When the process is right, finance stops being a fire drill and starts being a system.
Systems
The right software stack, properly implemented. Accounting platform, AP/AR, expenses, payroll, equity. Most startups have either the wrong tools or the right tools used wrong. We get the stack right, and we make sure it actually does the job — invoicing, bill pay, internal controls, and clean financials.
People
The right team, well-led. We help founders hire the right roles in the right order — bookkeeper, controller, VP Finance, CFO — and we mentor the people they hire. Finance teams don't just need to be staffed. They need to be grown.
Most founders try to solve for one. We solve for all three.
Leadership
Operator-led, by an actual operator.
Matt Twiford
Founder & Managing Partner
Matt Twiford founded Pegacorn Group after a decade-plus inside venture-backed startups, including two acquisitions. He's led companies through Series A and B raises, Series C and beyond, acquisition diligence and exits, SOX implementation for a subsidiary of a publicly traded company, and large-scale restructurings.
He's worked across cybersecurity, biotech, healthcare, deep tech, SaaS, professional services, and industrial manufacturing. He holds an MBA from Suffolk University (2018).
He works directly with founders, leadership teams, and boards — not through layers of associates and account managers. When you hire Pegacorn, the person on the call is the person doing the work.
How we work
A back office, run by operators.
- Operator-led, not partner-led.
- The people on your account are the people doing the work. No bait-and-switch from sales partners to junior associates after onboarding.
- Confidentiality is the product.
- Our clients work in cybersecurity, biotech, and other sensitive industries. We don't publish logos. We don't ask for testimonials. We don't talk about who we work with.
- Institutional standards.
- We've built finance functions for companies that have raised from top-tier funds. We know what your investors expect because we've delivered it before.
- Built to scale with you.
- Most clients start with one service and add more as they grow. We're designed to be the bridge between your bookkeeper and your full in-house finance team.
50+
Venture-backed startups supported
$100M+
Aggregate client funding raised
Nationwide
Serving funded teams across the US
Industries we serve
Built for sensitive and regulated industries.
We work with venture-backed companies across:
Cybersecurity
Security tooling, threat intelligence, infrastructure protection.
Biotech & life sciences
Therapeutics, diagnostics, medical devices, research-stage.
Healthcare technology
Health tech platforms, payer/provider software, clinical tools.
Deep tech & hardware
Robotics, aerospace, semiconductors, dual-use technology.
SaaS & software
From early-stage to scaled, including pre-IPO.
Industrial & manufacturing
Manufacturing companies with sophisticated capex and inventory requirements.
Work in a different industry? We've also supported clients in fintech, professional services, and at nonprofit and publicly traded scales. Reach out and we'll tell you if we're the right fit.
In the press
Featured coverage
External editorial recognition for the work we do with venture-backed startups and the operators we serve.
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LastPass · June 12, 2026
Your 2026 AI App Security Playbook: Industry Experts on the Access Control Gaps Most Teams Are Missing
By Shireen Stephenson
Editorial feature with multi-paragraph quotes from Matt Twiford on phishing attacks, conversation hijacking, and operational controls for finance teams. One of seven experts featured.
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The Net Gains · June 18, 2026
Your firm's email is a cybercriminal target
By Lauren Ward (edited by Bianca Prieto)
Editorial Q&A feature with Matt Twiford on cybersecurity controls for accounting firms — internal controls modernization, phishing prevention, training programs, penetration testing, and partnership models with cybersecurity vendors.
Quiet, capable, on your timeline.
If that sounds like the kind of partner you're looking for, let's talk.