Latest round

Seed

Last raised

Oct 2024

Total raised

$7M

Investors

4

About Fondo

Founded in 2020 and based in California, US, CEO David J.a. Fondo operates as a software development company that develops an all-in-one accounting platform for startups to get their books closed, taxes filed, and cashback from the IRS (internal revenue service). As of February 2023, the company employs about 54 employees. The company provides a software-as-a-service (SaaS) fintech platform that allows businesses to compile financial statements, as well as ensures that taxes are filed on time, and claim tax credits. The platform offers a wide range of features, including tax credits, tax passes, bookkeeping, and global tax pass. Fondo generates revenue from the subscription of its platform packages, which include bookkeeping (USD 499 per month), tax passes (USD 1,450 per year), and global tax passes (USD 5,150 per year). In the fiscal year 2022, the company generated USD 3 million in annual recurring revenue.

Who invested in Fondo

4 investors across 1 round

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Funding rounds

  1. Seed

    Oct 28, 2024

    Amount

    $7M

    Investors

    Locked

Questions about Fondo

Who invested in Fondo?

Fondo has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Fondo raised?

Fondo has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Fondo last raise money?

Fondo's most recent round on record is a Seed, in Oct 2024.

What does Fondo do?

Founded in 2020 and based in California, US, CEO David J.

Where is Fondo headquartered?

Fondo is headquartered in San Francisco, US.

Which VCs invest in companies like Fondo?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Fondo's stage. Their profiles are linked below.

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