Daniel Keinrath
Co-Founder & CEO at Fonio
12 Jun 2026Lovable $500M ARR, Fable 5, UK AI Minister Joins, OpenAI Price Cuts
1:04:5516 min
Fonio Raises $17M Seed: AI Phone Agents for SMBs
Daniel Keinrath announces Fonio's $17M seed round led by 20VC's Harry Stebbings, which came preemptively without a pitch deck after the company bootstrapped to a $1.5M ARR inflection point. He details roughly 30% month-over-month growth toward $10M ARR this summer and a $30M year-end goal, the AI phone agent product now serving close to 10,000 SMB customers across seven countries, and the roadmap from WhatsApp and email agents to a CRM and full AI employees. He also explains the influencer-heavy, e-commerce-style go-to-market and the sub-48-hour sales cycle.