Fonoa
Tax Intelligence for Innovators
Dublin, Ireland · Founded 2019 · $195.0M raised
- Headquarters
- Dublin
- Employees
- 51–200
- Founded
- 2019
- Business Model
- B2B
- Website
- fonoa.com
- Total Funding
- $195.0M
- Last Round
- $110.0M Series CMay 2026
- Rounds
- 4
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Fonoa builds a tax automation platform that helps digital marketplaces, software providers, and travel companies comply with indirect tax obligations across more than 190 jurisdictions. Founded in Dublin, Ireland in 2019 by former Uber employees Davor Tremac, Filip Sturman, and Ivan Ivankovic, the company sells API-based SaaS products, including Validate, Tax Engine, E-invoicing, Returns, Knowledge, and Audit, that automate tax ID validation, tax calculation, compliant invoicing, and return filing. Fonoa processes more than 500 million transactions annually across over 1 million onboarded sellers. In 2026 it raised $110 million and acquired PwC's Edge tax platform; investors include Index Ventures, Dawn Capital, Coatue Management, and OMERS.
Summary
Fonoa is a Compliance company based in Dublin, Ireland, founded in 2019. It has raised $195.0M in total across 4 rounds, most recently a $110.0M Series C round in May 2026. Investors include Index Ventures, OMERS Ventures and Headline.
Tech & App Stack
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Funding History
May 2026
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Funding: Seed through Series C. Amounts, valuations, and investors where available.
Investors
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