# Fibo

**Source:** https://www.startuphub.ai/startups/fibo
**Profile type:** Startup

> Fibo simplifies financial bureaucracy for businesses using advanced technology and user experience.

## About

Fibo aims to demystify and streamline complex financial bureaucracy, which is often perceived as a difficult language to understand. By leveraging advanced technology and a user-friendly interface, Fibo bridges the gap for businesses, reducing fear and frustration associated with financial processes.

## Key facts

- **Slug:** fibo
- **Website:** https://fibotax.com/
- **Location:** Tel Aviv, Israel
- **Founded:** 2018-02-01 00:00:00
- **Employees:** 16
- **Operating status:** Active
- **Total funding:** $2M
- **Sectors / tags:** Fintech, Tax, Tax Software, Business Process Automation, Financial Management, SME Software
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/fibotax/
  - Facebook: https://www.facebook.com/tr

## Frequently asked

### What does Fibo do?

Fibo aims to demystify and streamline complex financial bureaucracy, which is often perceived as a difficult language to understand. By leveraging advanced technology and a user-friendly interface, Fibo bridges the gap for businesses, reducing fear and frustration associated with financial processes.

### What is Fibo's revenue?

StartupHub estimates Fibo's annual revenue at $4.7M (range $3.9M to $5.5M, 63% confidence), based on comparable companies in the sector.

### What is Fibo's valuation?

StartupHub estimates Fibo's effective valuation at $5.9M (range $3.8M to $9.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has Fibo raised?

Fibo has raised a total of $2M in funding. The most recent round on record is Pre-Seed.

### Where is Fibo headquartered?

Fibo is headquartered in Tel Aviv, Israel.

### When was Fibo founded?

Fibo was founded in 2018.

### What industry does Fibo operate in?

Fibo operates in Fintech, Tax, Tax Software, Business Process Automation, Financial Management, SME Software.

### How many employees does Fibo have?

Fibo has approximately 16 people on record.

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