San Francisco, United States
Fondo is a startup dedicated to simplifying tax credits, taxes, and bookkeeping for other startups. Founded in 2020 and based in the United States, the company's slogan "Startup helper. The easy way to get your bookkeeping done, taxes filed, and cash back from the IRS ($21k on average)" encapsulates its mission. Fondo's automated system ensures that startups can receive an average of $21k cash back from the IRS, taking the hassle out of filing taxes and closing books.
The latest milestone for Fondo came on 13 February 2023 when it secured a $1.20M Pre Seed Round investment. Notable investors in this round include Y Combinator, Liquid 2 Ventures, Advisorsfund, Firstrock Capital, Pragma Ventures, Jeffrey J. Phillips Phillips, Kevin Wang, Keyvan Firouzi, Mandela Schumacher-Hodge Dixon, and Cheng Hua.
With its innovative approach to simplifying financial processes for startups and the backing of influential investors, Fondo is well-positioned for continued growth and impact in the startup ecosystem.
