FundedIQ
Financial Services

Fondo: Funding, Investors & Team (Aug 2026)

Fondo is the accounting platform for high growth companies. We make tax credits, taxes, and bookkeeping easy for 1,000+ startups. Fondo is the automated way for startups to get cash back from the IRS ($21k on average). We file your taxes & close your books, and you get cash back.

www.tryfondo.com LinkedIn San Francisco, United States 51-100 employees
Accounting Business Development Productivity Tools B2B
Total raised
$8.8M
Rounds
3
Latest
Seed
Oct 2024

Fondo has raised $8.8M across 3 funding rounds on record, the most recent a Seed of $7.0M announced in Oct 2024.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Fondo Company Profile and Key Stats

Total funding raised
$8.8M
across 3 rounds on record
Funding rounds on record
3
1 with no disclosed amount
Latest funding round
Seed
$7.0M in Oct 2024
Employees
51-100
reported band
Headquarters
San Francisco, United States

Latest funding round on record: Oct 2024.

Fondo Funding Rounds

Date
Round
Amount
Seed
$7.0M
Undisclosed round
$1.8M
Pre-Seed
Undisclosed

1 of 3 rounds was announced without a disclosed amount and is excluded from the total.

Fondo announced a Pre-Seed in Oct 2022; the amount was not disclosed.

4 months later, an undisclosed round of $1.8M was announced in Feb 2023.

1.7 years later, a Seed of $7.0M was announced in Oct 2024.

Fondo Founders and Leadership Team

Name
Role
Contact
David J Phillips
CEO

No contact details are on record for this team yet.

Fondo Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
29,722
$7.5M
16,485
$3.1M

Fondo's latest round of $7.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Fondo Funding FAQs

What does Fondo do?

Fondo is the accounting platform for high growth companies. We make tax credits, taxes, and bookkeeping easy for 1,000+ startups. Fondo is the automated way for startups to get cash back from the IRS ($21k on average). We file your taxes & close your books, and you get cash back.

How much funding has Fondo raised?

Fondo has raised $8.8M across 3 rounds on record. The most recent is a Seed of $7.0M announced in Oct 2024.

When did Fondo last raise funding?

Fondo's most recent funding round on record is a Seed of $7.0M, announced in Oct 2024.

Who is the CEO of Fondo?

David J Phillips is listed as CEO at Fondo.

Where is Fondo headquartered?

Fondo is based in San Francisco, California, United States.

How many employees does Fondo have?

Fondo is in the 51-100 employee band.

How does Fondo's funding compare to other Financial Services startups?

Fondo's latest round of $7.0M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Fondo Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Fondo is left off this page rather than filled in.

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