Fondo

Fondo, previously recognized as BloomJoy and Fondo (was BloomJoy), operates out of San Francisco, CA, and employs a team of 53 professionals. As a participant in the Y-Combinator W18 batch, Fondo has established itself in the B2B sector, specifically focusing on finance and accounting services tailored for startups. The company offers a range of services including monthly, quarterly, or annual bookkeeping, closing books, and generating financial statements. Fondo supports startups with filing various tax forms such as Delaware Franchise Tax, Federal & State Corporate Income Taxes, and offers a Global TaxPass service that includes filing US Corporate Taxes with Form 5471, Form 5472, and FBAR. Additionally, Fondo helps startups claim significant tax credits, potentially up to $500,000 annually, including R&D Tax Credit and ERTC. They also provide an affordable Federal Tax Extension filing for $1. Aimed at aiding startups, Fondo’s services have helped their average customer receive $21,000 annually from the IRS. The company has been featured in prominent publications like Axios, Fortune, Bloomberg, and Business Insider. Furthermore, Fondo collaborates with financial tools such as Brex, Mercury, and QuickBooks Online (QBO) to offer comprehensive financial solutions. The company operates across various regions including the United States of America, America/Canada, and offers remote and partly remote services.