About Fondo
Fondo is a company based in San Francisco (United States) founded in 2014 by David J Phillips. It operates as a SaaS (Software-as-a-Service) and Professional Services. Fondo has raised $8.35 million across 4 funding rounds from investors including Money Forward, Capchase and Y Combinator. Fondo offers products and services including Bookkeeping, TaxPass, Tax Credits, Global TaxPass, and Runway Dashboard. Fondo operates in a competitive market with competitors including Intuit, Visma, Clear, Wave and Xero, among others.
- Headquarter San Francisco, United States
- Founders David J Phillips
- SectorsTechnology
- Phone•••• ••••
- Website tryfondo.com
- Social LinkedIn X Instagram YouTube
- Legal Name Bloomjoy, Inc. Dba Fondo
- Total Equity Funding$8.35M (USD)
in 4 rounds
- Latest Funding Round$7M (USD), Seed
Oct 2024
- InvestorsMoney Forward
& 5 more
Products & Services of Fondo
Fondo offers a comprehensive portfolio of products and services, including Bookkeeping, TaxPass, Tax Credits, Global TaxPass, and Runway Dashboard.
Financial reporting is provided monthly, quarterly, or annually.
Corporate taxes are filed for Delaware, federal, state.
Tax credits up to $500,000 are secured annually.
US corporate taxes are filed for international startups.
Runway metrics dashboard is set up for startups.
Apps and channels of Fondo
its YouTube channel Fondo has 354 subscribers and 30 videos.
Videos from Fondo
The most watched videos on Fondo's YouTube channel, Fondo (354 subscribers). Click a video to play it here.
More on Fondo .
Funding Insights of Fondo
Fondo has successfully raised a total of $8.35M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $7 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $8.35M
- Total Rounds 4
- Last Round Seed — $7M
- First Round $150,000
(Jun 2018)
- Investors Count 6
All 4 funding rounds of Fondo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2024 | $7M | Seed | – | Money Forward | – |
| Feb 2023 | $1.8M | Debt – Conventional | – | – | |
| Feb 2023 | $1.2M | Seed | – | Liquid 2 Ventures, Transmedia Capital | |
| Jun 2018 | $150,000 | Seed | – | Y Combinator | – |
6 investors in total: 6 institutional.
Investors in Fondo
Fondo has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Money Forward, Capchase and Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States | |
Venture capital fund focused on seed-stage investment in multiple sectors | – | liquid2.vc | San Francisco, United States | |
VC firm making investment in early stage companies in the US | – | transmediacapital.com | San Francisco, United States | |
Early-stage tech ventures in the US and Asia are funded. | – | gmo-vp.com | Shibuya, Japan | |
Money Forward is engaged in providing financial technology solutions. | 2012 | moneyforward.com | Minato City, Japan | |
Provider of an online revenue-based financing platform for SaaS businesses | 2020 | capchase.com | Cambridge, United States |
Investor details for Fondo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Fondo
10 people are tracked at Fondo (3 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
David J Phillips | Founder & CEO | Leadership |
Sara Conde | Head Of New Business | Leadership |
Diane McCormack | COO | Leadership |
Stefan Gomez | Sr. Startup Advisor | Team |
Charles Zaloumis | Founding Account Executive | Team |
Rebecca Lai | Senior Client Support Specialist | Team |
Crystal Granacher | Senior Customer Support Manager | Team |
Christopher Lielasus Morrow | Product Designer | Team |
Marrielle F. | Onboarding Manager | Team |
Lucca Lipisky | Helping Startup Founders File Tax Extensions Until Midnight On Friday | Team |
Complete people profiles for Fondo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Fondo
3 dated milestones of Fondo across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Fondo is founded.
- Funding First funding round of $150K.
- Funding Latest funding round, Seed, of $7.0M.
Competitors of Fondo
Fondo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Intuit, Visma, Clear, Wave and Xero, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| intuit.com | 1983 | Mountain View, United States | $49.62M | 18,800 | Financial and accounting software is developed for businesses and individuals. | |
| visma.com | 1996 | Oslo, Norway | $198.09M | – | Cloud-based ERP software is provided for business management across segments. | |
| clear.in | 2011 | Bengaluru, India | $140.42M | – | Technology-enabled accounting and finance solutions are offered for SMBs. | |
| waveapps.com | 2010 | Toronto, Canada | $82.4M | – | Web-based accounting software is offered for business use. | |
| xero.com | 2006 | Wellington, New Zealand | – | 347 | Cloud-based accounting and payment management is offered for small businesses. | |
| freshbooks.com | 2003 | Toronto, Canada | $153.75M | 613 | Cloud-based invoicing and accounting software is offered for businesses. | |
| freeagent.com | 2007 | Edinburgh, United Kingdom | $21.89M | 264 | Cloud-based accounting software is provided for small businesses and freelancers. | |
| found.com | 2019 | San Francisco, United States | $118.75M | 35 | Accounting and bookkeeping solutions are provided for small businesses. | |
| pennylane.com | 2020 | Paris, France | $237.4M | – | Cloud-based accounting and financial management solutions are provided for businesses. |
Detailed competitors of Fondo
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Fondo
The website of Fondo (tryfondo.com) receives about 11.5K visits a month.
- Monthly visits11.5K
▲ 25.5% vs previous month
Websites whose visitors overlap most with Fondo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| kruzeconsulting.com | 100% | – | #641,561 | View details | |
| dabafinance.com | 92% | 82.3K | #489,001 | View details | |
| zeni.ai | 89% | 95.8K | #379,941 | View details | |
| taxbit.com | 86% | 24.9K | #983,495 | View details | |
| easyfiling.us | 83% | 3K | #5,539,101 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Fondo
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Fondo
Complete news archive for Fondo
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Fondo
10 companies that operate in the same segment as Fondo (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, France | USD 717.15 M | – | – | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | – |
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Frequently Asked Questions about Fondo
Fondo was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Fondo is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
David J Phillips is the current CEO of Fondo. They have also founded this company.
Fondo is a funded company, having raised a total of $8.35M across 4 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Jun 2018.
Comprehensive financial services are offered by Fondo, targeting startups with bookkeeping, tax filing, and tax credit solutions. Services include monthly, quarterly, or annual financial reporting, Delaware franchise tax filing, federal and state corporate tax preparation, and securing up to 500,000 in tax credits annually. Global tax filing for international startups is also supported. The platform integrates metrics dashboards for financial planning. Primarily operating in the fintech sector, Fondo serves over 1,200 startups with certified expert backing.
Fondo offers Bookkeeping, TaxPass, Tax Credits, Global TaxPass, and Runway Dashboard.
Fondo has 6 investors. Key investors include Money Forward, Capchase, Y Combinator, Liquid 2 Ventures, and Transmedia Capital.
Fondo operates through Bloomjoy, Inc. Dba Fondo.