Fondo
Fondo is an AI-powered accounting platform that provides bookkeeping, tax filing, and R&D tax credit services for startups and scaling tech companies. The platform offers flexible monthly, quarterly, or annual closes, a finance dashboard tracking cash balance, burn, and runway, and access to in-house startup-specialized accountants via Slack.
- Financial Technology
- Enterprise Software
- Artificial Intelligence
- Software Only
Funding
Funding not disclosed
Founders
Founder details are not available yet.
Product
Problem
Startups and scaling tech companies often struggle with financial management, facing the burden of inaccurate bookkeeping, missed tax deadlines, and unclaimed R&D tax credits. Traditional accounting firms are expensive and slow, while DIY tools lack the expertise needed for investor-ready reporting and compliance.
Solution
Fondo combines AI-powered bookkeeping with expert accountants to deliver accurate, investor-ready financials for startups and scaling tech companies. The platform offers flexible monthly, quarterly, or annual bookkeeping closes, automated tax filing through TaxPass, and comprehensive R&D tax credit identification and filing. Fondo's finance dashboard provides real-time visibility into cash balance, burn, and runway, while AI recommendations help founders make informed decisions. The service is designed to scale with the business, with experienced startup-specialized accountants reviewing every close for accuracy and compliance.
Target Audience
Primary customers are startups and scaling tech companies, including international founders, that need investor-ready financial reporting, tax compliance, and R&D tax credit optimization without hiring in-house financial staff.
Features
- Monthly, quarterly, or annual bookkeeping closes with transaction categorization, account reconciliation, and finalized books
- TaxPass handles federal, state, and local corporate tax returns including Delaware Franchise Tax
- R&D tax credit identification, calculation, and filing with proper application to payroll and tax filings
- Finance dashboard with cash balance, burn, and runway tracking that updates automatically after each close
- AI Assistant providing recommendations and weekly email digests
- Advanced financial reporting with Profit & Loss statements, Balance Sheets, and Cash Flow reports ready for investors, boards, taxes, and audits
- In-house accountants (not outsourced) available via Slack
- International subsidiary and international founder support
- Self-serve option with onboarding in under 15 minutes, no long contracts, and cancel anytime