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David J. Phillips

Founder of Fondo

San Francisco, California

Overview 

David J. Phillips is the CEO at Fondo, overseeing a platform that automates taxes, tax credits, and bookkeeping for over 1,000 busy founders. With a background in entrepreneurship and software development, he has founded successful ventures like Hackbright Academy and UniverCity Tutors, while also making strategic investments in companies like ParadeDB. Phillips has a strong track record of founding and leading successful startups, including Fondo, and has invested in promising companies at various stages, showcasing his expertise in both entrepreneurship and angel investing. His innovative approach to automating financial processes has significantly impacted the efficiency and productivity of busy founders.

Work Experience 

  • Founder & CEO

    2020 - Current

    Fondo is the easy way for your startup to get your books closed, taxes filed, and cash back from the IRS ($21,000 on average).

Fondo helps with bookkeeping and beyond so founders can grow their businesses with more resources.

Raised $10,000,000.00 from Next Coast Ventures, TwentyTwo VC, Motley Fool Ventures and Money Forward Venture Partners.

  • Angel Investor

    2016

    Invest in startups: Rippling - throw away your new hire checklist Flexport - the modern freight forwarder Liquid Death - Murder your thirst Mystery Science (acq. by Discovery Education) - science book replacement that inspires kids Hackbright Academy (acq. by Capella Education NASDAQ:CPLA) - coding bootcamp for gender equality LendLayer (acq. by Affirm NASDAQ:AFRM) - student loans for accelerated education Sevcon (acq. by BorgWarner NYSE:BWA) - power solutions for zero-emission vehicles & 75+ others

  • Angel Track

    2019 - 2019

First Round Angel Track is a community of operators and founders looking to develop their skills and identities as early-stage investors.

  • Co-Founder

    2018 - 2019

    Pivoted to Fondo. BloomJoy created viral editorial content for media companies.

BloomJoy is a safe and curated platform for content syndication between publishers, bloggers, and brands.

Raised $1,310,000.00 from Liquid 2 Ventures, Pi Campus and Y Combinator.

  • Co-Founder & CEO

    2012 - 2016

    Acquired by Capella Education (NASDAQ:CPLA) in April 2016. Hackbright is the leading coding bootcamp for gender equality. We have trained over 1,000 software engineers and helped them land jobs with our partners including Slack, Uber, Disney, Pinterest, Lyft, Facebook. We were one of the first coding bootcamps and an industry leader in the accelerated education space.

  • Founder & CEO

    2008 - 2010

    Education company bridging the gap between high school and college by connecting high school students with role model tutors.

  • Public Accountant & Auditor

    2009 - 2010

    Audit & enterprise risk services team

Deloitte Tax is an advisory firm that provides tax preparation and advisory services.

  • Accountant

    2008 - 2009

    Wrote a program that improved monthly working capital by a few million dollars each month.

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