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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 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.
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Ideal for small to medium-sized businesses (1-1000 employees), Fondo offers a good fit for larger enterprises.
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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
Users sentiment
See the Fondo pricing page.
TaxPass
Dedicated Tax Accountant, Federal Corporate Income Tax Filing, State Corporate Income Tax Filing, Delaware Franchise Tax Filing, International Add-ons Available
Global TaxPass
Everything in TaxPass, Form 5471 (Foreign Subsidiary), Form 5472 (Foreign Shareholder), FBAR (Foreign Bank Account)
Fondo alternatives
PuzzleBetter for automation and real-time insights. Integrates with Stripe and Brex. Higher rated by users. Offers a free plan. Has more momentum.Read more
MercuryMore focused on banking, expense management, and payments. Has grown faster and offers a free tier. Users report mixed experiences with customer support.Read more
YouverifyBetter for fraud detection and KYC/AML compliance. A Fondo competitor focused on risk management for finance, banking, and startups.Read more
The Startup CFOFondo is growing faster. It offers software for bookkeeping and tax filing, whereas this alternative provides outsourced financial consulting services.Read more
LessAccountingBetter for freelancers and small to mid-sized businesses needing bookkeeping services. LessAccounting has less momentum. Does not appear to specialize in startup tax credits.Read more
FuelfinanceHigher starting price point at $1199/month. Focuses on automated financial reporting and forecasting, omitting tax services. Lacks tax management features and has fewer integrations.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
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.
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.