FidoCommercialista offers a fully digital solution to open and manage a business in Italy and to deliver online fiscal services across all tax regimes, from small forfettario entrepreneurs to startups, corporations and non-profits. The company evolved from the founders' family accounting practice into a platform that centralizes bureaucratic and tax workflows for entrepreneurs. Current plans emphasize product development, automation of low-value tasks to free accountants for higher-value advisory, marketing, team expansion and consolidation of traction in the Italian market. Financially, FidoCommercialista closed a €1.2M funding round (equity and debt) and also received additional sums from Invitalia via the Smart & Start program. The startup reports exponential growth over the past four years and exceeded €1 million in transacted volume on its platform in 2023. Management states the new capital will be used to scale in Italy, hire staff, and further automate processes.

Total raised

$1M

Funding rounds

2

Latest round

Equity

Latest activity

Apr 2024