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Fondo wants to mitigate the US' accountant shortage with its AI bookkeeping service | TechCrunch

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Fondo is a bookkeeping platform aimed at startups and small- and medium-sized businesses.

In 2024 , an average of 430,000 new business applications were submitted every month in the U.S. Nearly 75% of CPAs are expected to retire in a decade .

Serial entrepreneur David Phillips founded Fondo in 2020 after selling his coding school startup Hackbright to Capella University .