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Valuation

$72M

2017 Revenue

$24M

Customers

500K

Funding

$25.9M

Avg ACV

$48

Team

9

Churn

12%

Founded

2012

How Fond CEO Taro Fukuyama grew to $24M revenue and 500K customers in 2017.

Fond is a rewards and recognition platform for companies to engage and motivate their employees. It offers a variety of tools and features, such as employee recognition, rewards programs, and employee surveys, to help improve employee satisfaction and productivity.

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Fond Revenue

In 2017, Fond's revenue reached $24M. Since its launch in 2012, Fond has shown consistent revenue growth.

Fond Revenue GrowthReported revenue / ARR over time$0$6M$12M$18M$24M$30M201220132014201520162017$0$24MSource: GetLatka.com
YearMilestoneQuote
2017Fond Hit $24m revenue in November 2017
2012Launched with $0 revenue

Fond Valuation, Funding Rounds

Fond's most recent disclosed valuation is $72M.

Fond has raised $25.9M in total funding across 5 rounds, with its most recent round in 2016.

Fond Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$6M$12M$18M$24M$30M20122013201420152016$26MSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2016Funding round$11.5M--
2015Funding round$8.5M--
2014Funding round$3M--
2013Funding round$1.4M--
2012Funding round$1.5M--

Founder / CEO

Taro Fukuyama

Taro is CEO Co-founder at Fond. Fond is a SaaS platform that seamlessly consolidates employee rewards and recognition processes into one easy-to-use solution. With Fond employees and managers can recognize each other redeem rewards access exclusive corporate discounts and measure success so HR departments spend less time managing programs and more time driving results. Based in San Francisco Fond is backed by leading investors DCM Andreessen Horowitz and Y Combinator among others. Learn more at httpsfond.co

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Customers

Fond serves 500K customers.

Fond Employees & Team Size

Fond employs approximately 9 people as of 2026, down from 50 in 2017. It serves 500K customers that rely on its solutions.

Fond Team GrowthReported headcount over time0132538506320122013201420152016201720182019202000505099Source: GetLatka.com
YearMilestone
2020Reached 9 employees (June 2020)
2017Reached 50 employees (November 2017)

Frequently Asked Questions about Fond

What is Fond's revenue?

Fond generates $24M in revenue.

Who founded Fond?

Fond was founded by Sunny Tsang.

Who is the CEO of Fond?

The CEO of Fond is Taro Fukuyama.

How much funding does Fond have?

Fond raised $25.9M.

How many employees does Fond have?

Fond has 9 employees.

Where is Fond headquarters?

Fond is headquartered in San Francisco, California, United States.

Compare Fond to the industry

Fond operates across multiple industries. Browse revenue, funding, and growth data for Fond in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Fond Revenue 2017: $24M ARR, $72M Valuation