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Fondo
AddedFeb 16, 2024
UpdatedJun 18, 2026
Fondo

Fondo

Seed

Fondo: Streamlined bookkeeping, tax filing, and IRS cash back for startups.

HQ
San Francisco, CA, US
Founded
2020
Accelerator
Y Combinator logoY CombinatorW18
Overview
Compare
Fundraising
Employees
Website

Founded with a mission to simplify financial management for startups, Fondo offers automated bookkeeping, tax filing, and IRS cash-back services. The company aims to alleviate the financial administrative burden on startup founders, allowing them to focus on growth and innovation. Fondo's core services include optimizing and filing taxes, managing bookkeeping, and securing significant tax credits, with the average client receiving $21k back from the IRS annually. Their market focus is on early-stage startups looking for streamlined financial solutions.

Fondo has garnered attention for its impactful services, helping over 1,000 startups manage their finances more efficiently. Notable investors and affiliated individuals have recognized the value Fondo brings to the startup ecosystem, contributing to its growth and credibility. Key achievements include substantial tax savings for clients and the development of an accountant-verified runway metrics dashboard. Overall, Fondo has significantly reduced the financial complexities for startups, enabling them to save money and allocate resources more effectively.

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Fondo - Quick Facts

Who are Fondo's competitors?

Companies similar to Fondo include Fondo, Finta, yearend and Accountancy Cloud.

When was Fondo founded?

Fondo was founded in 2020.

Where is Fondo's headquarters located?

Fondo's headquarters is located in San Francisco, CA, US.

When was Fondo's last funding round?

Fondo's most recent funding round was for $1.8M (USD) in February 2023.

How much has Fondo raised to-date?

As of Feb 13, 2023, Fondo has raised a total of $3M (USD).

How many employees does Fondo have?

Fondo has 53 employees as of Apr 8, 2024.

Fondo - Classification

Ownership
  • Venture Capital
Technology
  • Analytics
Geographic Exposure
  • United States
Revenue
  • Recurring
  • Software
  • Transactional
Customer
  • Small Business
  • Startups
Main Product
  • Bookkeeping
  • Tax Filing
Tags
  • Fintech
  • SaaS
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541200Accounting, Tax Preparation, Bookkeeping, and Payroll Services
  • 541000Professional, Scientific, and Technical Services
SIC
  • 8720Accounting, Auditing, And Bookkeeping Services
  • 8700Engineering, Accounting, Research, Management, And Related Services
Show 1 more industry code
SIC
  • 7300Business Services