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Fondo - About the company

Fondo is a seed company based in San Francisco (United States), founded in 2014 by David J Phillips. It operates as a Provider of bookkeeping, tax preparation, and tax credit services for startups. Fondo has raised $8.35M in funding from investors like Y Combinator, Transmedia Capital and GMO Venture Partners. The company has 1506 active competitors, including 45 funded and 38 that have exited. Its top competitors include companies like Paylocity, Pilot and Osome.

Company Details

Provider of bookkeeping, tax preparation, and tax credit services for startups. The company offers services including bookkeeping, tax filing, and assistance with obtaining tax credits. It provides tools and resources such as guides and calculators. The company aims to simplify startup finances through centralized metrics and financial reporting.
Social
X
Key Metrics
Founded Year
2014
Location
San Francisco, United States
Stage
Seed
Total Funding
$8.35M in 4 rounds
Latest Funding Round
Investors
Ranked
Employee Count
101 as on Jan 05, 2026
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Fondo's funding and investors

Fondo has raised a total funding of $8.35M over 4 rounds. Its first funding round was on 2018. Its latest funding round was a Seed round on Oct 31, 2024 for $*****. 2 investors participated in its latest round. Fondo has 9 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Fondo:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 31, 2024
1305020
Seed
2941823
8578783
8470782
4746637
Feb 14, 2023
7450172
Conventional Debt
9158623
2101571
5113195
Feb 14, 2023
2342290
Seed
9060425
7943186
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Fondo's founders and board of directors

Founder? Claim Profile
The founders of Fondo is David J Phillips. David J Phillips is the CEO of Fondo.
Here are the details of Fondo's key team members:

Fondo's employee count trend

Fondo has 101 employees as of Jan 26. Here is Fondo's employee count trend over the years:
Employee count trend for Fondo
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Fondo's Competitors and alternates

Top competitors of Fondo include Paylocity, Pilot and Osome. Here is the list of Top 10 competitors of Fondo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Paylocity
Paylocity
1997, Arlington Heights (United States), Public
Provider of human resources, payroll, finance, and information technology solutions
$37.3M
69/100
2nd
Logo for Pilot
Pilot
2017, San Francisco (United States), Series C
Bookkeeping solutions for businesses
$222M
69/100
3rd
Logo for Osome
Osome
2017, Singapore (Singapore), Series B
Provider of company incorporation, accounting, and corporate secretarial services
$75M
69/100
4th
Logo for Basis
Basis
2023, New York City (United States), Series B
AI agents for automating accounting workflows and engagements
$138M
67/100
5th
Logo for Bench
Bench
2012, Vancouver (Canada), Acquired
Provider of online bookkeeping, tax preparation, and financial management solutions
$115M
58/100
6th
Logo for Sleek
Sleek
2017, Singapore (Singapore), Series B
Platform offering business incorporation solution
$41M
58/100
7th
Logo for Finaloop
Finaloop
2018, Tustin (United States), Series A
Online tax and bookkeeping services for businesses
$55M
58/100
8th
Logo for Ceterus
Ceterus
2008, Charleston (United States), Series B
Tech-enabled bookkeeping and reporting services for businesses
$40.4M
56/100
9th
Logo for Iris Software
Iris Software
1979, Datchet (United Kingdom), Acquired
Provider of software and services for accountancy, HR, payroll, and education
-
54/100
10th
Logo for Leobrix
Leobrix
2023, Bengaluru (India), Unfunded
Decision automation and Gen AI-powered digital transformation platforms
-
-
51/100
29th
Logo for Fondo
Fondo
2014, San Francisco (United States), Seed
Provider of bookkeeping, tax preparation, and tax credit services for startups
$8.35M
42/100
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Fondo's Investments and acquisitions

Fondo has made no investments or acquisitions yet.

Reports related to Fondo

Here is the latest report on Fondo's sector:

News related to Fondo

Fondo raises $7m in Seed fundingFinTech CollectiveNov 01, 2024Money Forward, Fondo
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