Fondo

Fondo YC Application

Winter 2018Active

Fondo went through Y Combinator in the Winter 2018 batch as a B2B company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.

YC batch
Winter 2018
Industry
B2BFinance and Accounting
Team size
80
Status
Active
Launched
2020

Founders

  • David J. Phillips
    David J. PhillipsFounder/CEO

What Fondo does

Fondo is the easy way for startups to get their bookkeeping done, taxes filed, and cash back from the IRS (average startup gets $21k). We’ll optimize and file your taxes, and you’ll get cash back - up to $500k per year. Need more help? We’ll also do your bookkeeping, so you don’t have to worry about a thing.

Fondo's YC application, reconstructed

Y Combinator application

Fondo, Winter 2018 batch. The real form questions, answered from public data.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

Fondo

Describe what your company does in 50 characters or less.

Bookkeeping, tax, & tax credits on autopilot

What is your company going to make? Please describe your product and what it does or will do.

We built Fondo to automate bookkeeping and tax filing for startups. It handles bookkeeping, files taxes, and finds tax credits startups qualify for - the average startup gets $21k from the IRS through us. We reduce the headache and make it possible to get back significant cash without the usual hassle.

Where do you live now, and where would the company be based after YC?

We live in San Francisco, CA, and the company is based here.

Explain your decision regarding location.

San Francisco brings us close to our startup customers and the tech community, plus access to talent and investors. It's simply where we and our users already are.

21 more answers in the full application

Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.

Frequently Asked Questions

Is this the real Fondo YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Fondo's public data (launch notes, founder backgrounds, product description). It shows how a company like Fondo would present itself to YC, not the text they submitted.

What YC batch was Fondo in?

Fondo was part of the Y Combinator Winter 2018 batch.

Who founded Fondo?

Fondo was founded by David J. Phillips.

What does Fondo do?

Bookkeeping, tax, & tax credits on autopilot for 1,000+ startups

How do I read the full reconstructed application?

Create a free Round Funded account. The full 26-answer version of Fondo's application, and every other YC batch, is in YC Insights.

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