Logo of Fondo

Fondo

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Last updated on

Company health

Employee growth
30% increase in the last year
Web traffic
70% increase in the last quarter
Financing
July 2024 - $10M

Ratings

Glassdoor
3.1/5
(3)

Fondo description

Fondo is an accounting platform designed for US-based startups. It offers bookkeeping, tax preparation and filing (including Delaware Franchise Tax), and assistance claiming tax credits like the R&D tax credit and ERTC. Fondo promises to simplify startup finances with centralized metrics and expert support, helping founders save time and maximize potential tax refunds. They emphasize helping startups secure available tax credits and provide a runway dashboard.


Who is using Fondo?


Who is Fondo best for

Fondo is an accounting platform designed for US-based startups looking to simplify their finances. It offers bookkeeping, tax preparation and filing, and helps secure tax credits, including the R&D tax credit and ERTC. Fondo provides a runway dashboard for financial metric tracking and offers expert CPA support.

  • Ideal for small to medium-sized businesses (1-1000 employees), Fondo offers a good fit for larger enterprises.

  • Fondo is best suited for US-based startups in any industry, particularly those in software, IT, and telecommunications.


Fondo features

Supported

Fondo offers monthly, quarterly, or annual bookkeeping services.

Supported

Fondo handles Delaware Franchise Tax, Federal & State Corporate Income Tax filings.

Supported

Fondo helps startups claim R&D Tax Credit, ERTC, and other relevant tax credits.

Supported

Fondo offers a Runway Dashboard to track key financial metrics.

Supported

Fondo provides financial reports to its customers on a chosen schedule.

Supported

Fondo provides expert support from CPAs.


Fondo pricing

See the Fondo pricing page.

Business Monthly
599 USD / month / service

Dedicated Accountant, Slack Support, Monthly financial reporting package

TaxPass
1950 USD / year / service

Dedicated Tax Accountant, Federal Corporate Income Tax Filing, State Corporate Income Tax Filing, Delaware Franchise Tax Filing, International Add-ons Available

Global TaxPass
7150 USD / year / service

Everything in TaxPass, Form 5471 (Foreign Subsidiary), Form 5472 (Foreign Shareholder), FBAR (Foreign Bank Account)

Tax Credits
0 USD / year / service

If Fondo can't help you claim any credits, you pay $0.


Fondo alternatives

  • Logo of Puzzle
    Puzzle
    Automated accounting for startups, offering real-time insights and integrations.
    Read more
  • Logo of Haven
    Haven
    Startup accounting, taxes, and financial insights for growth.
    Read more
  • Logo of Clerky
    Clerky
    Automated legal paperwork for startups, saving time and money.
    Read more
  • Logo of Gelt
    Gelt
    AI-powered tax advisory for proactive planning and compliance.
    Read more
  • Logo of Sunset
    Sunset
    Stress-free startup shutdown: legal, tax, finance, and operations managed.
    Read more
  • Logo of Mercury
    Mercury
    Banking for startups: streamlined finances, effortless growth.
    Read more

Fondo FAQ

  • What is Fondo and what does Fondo do?

    Fondo is an accounting platform for US-based startups offering bookkeeping, tax preparation and filing, and tax credit assistance. It aims to simplify startup finances with centralized metrics, expert CPA support, and a runway dashboard, helping founders save time and maximize tax refunds.

  • How does Fondo integrate with other tools?

    Fondo integrates with various accounting tools and platforms to centralize financial data. They also connect with payroll providers and other relevant financial systems to streamline bookkeeping and tax preparation. More specific integration details are not readily available.

  • What the main competitors of Fondo?

    Alternatives to Fondo include Puzzle, Mercury, LessAccounting, and Fuelfinance. These competitors offer similar services such as bookkeeping, tax preparation, and financial management tools, catering to startups and small businesses. Some also offer banking services and regulatory compliance features.

  • Is Fondo legit?

    Fondo appears legitimate, offering bookkeeping, tax services, and financial tools for startups. They assist with claiming tax credits and provide a runway dashboard. User reviews are limited, but their website traffic growth suggests increasing popularity. Consider Fondo for streamlined startup finances and expert support.

  • How much does Fondo cost?

    Fondo's pricing varies by product. TaxPass is $1950, Global TaxPass is $7150, and Bookkeeping - Business Monthly is $599. Tax Credits assistance is free if no credits are claimed. Is Fondo worth it for your startup's tax and bookkeeping needs? Consider their product pricing and services to decide.

  • Is Fondo customer service good?

    There is no information available about Fondo's customer service.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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