Total raised
$2.1M
Last: Seed 2020-11
Stage
Seed
Founded
2018
Headcount
16
HQ
Tel Aviv-Yafo
Sector
Fintech & Insurtech
About
Fibo is developing a digital platform for tax refunds. The process is free and checks the user's refund for the last six years to see if they've overpaid. If so, the company returns the money from the state without any involvement from the customer. The company's technology consists of a bot that tracks and automates the operations of the accountant and a platform that interfaces with dozens of companies, government agencies, and other sources of information using natural-language processing technologies and optical character recognition.
Funding history · 2 rounds · $2.1M total
2020-11
Seed
$1.5M
2019-03
Pre-Seed
$600K
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is Fibo's primary business activity?
- Fibo is developing a digital platform that automates the process of checking and securing tax refunds for users who may have overpaid taxes in the last six years.
- When was Fibo founded?
- Fibo was founded in October 2018.
- How much total funding has Fibo raised?
- According to startupim data, Fibo has raised a total of $2,100,000 USD.
- When did Fibo complete its Pre-Seed funding round and who was an investor?
- Fibo completed a Pre-Seed funding round in March 2019, with Uri Levine as an investor.
- When did Fibo complete its Seed funding round and who were the investors?
- Fibo completed a Seed funding round in November 2020. Investors included Discount Capital, Uri Levine, and The Founders Kitchen.
- What is the current employee count for Fibo?
- Fibo currently has 16 employees.
- What technology does Fibo use in its platform?
- Fibo's technology includes a bot for automating accountant operations and a platform that integrates with various entities using natural-language processing and optical character recognition.
- What significant operational change occurred at Fibo in May 2023?
- In May 2023, Fibo laid off most of its employees due to regulatory reasons, as reported by www.tech12.co.il.
- Where is Fibo's headquarters located?
- Fibo's headquarters is located in Tel Aviv-Yafo, Israel.
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechPersonal Finance Management
Technologies
Data StorageCDNP2PPlatforms & InterfacesWeb
Target customers
Financial ServicesAccountingTaxConsumers
Business model
B2C
Highlights
Verified
Tags
fintech