Fonoa
Every round on record, with the sources behind each and the investors on them.
Every round on record, with the sources behind each and the investors on them.
1 source
Developing: it holds up against its sources so far, and firms up as more reporting lands.
No source states the round's investors, financing total, valuation, or headquarters. The article says Fonoa was founded out of Dublin, Ireland, but does not state that this is its headquarters.
1 source
Developing: it holds up against its sources so far, and firms up as more reporting lands.
The article identifies Index Ventures as a participant in the Series A, while separately describing it as the lead of Fonoa's earlier seed round.
| Round | Amount | Announced | Lead | Buzz |
|---|---|---|---|---|
| Series B [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $60M | 2022-07-21 | not stated | No recent discussion |
1 source [ DEVELOPING ] Developing: it holds up against its sources so far, and firms up as more reporting lands. read against 1 source No source states the round's investors, financing total, valuation, or headquarters. The article says Fonoa was founded out of Dublin, Ireland, but does not state that this is its headquarters. | ||||
Fonoa builds an AI-powered tax operating system that helps global, digital-first businesses automate indirect-tax calculation, tax-ID validation, e-invoicing, reporting and returns across jurisdictions.
Fonoa addresses the problem that global digital businesses have had to stitch together fragmented systems for tax determination, invoicing, reporting and compliance while manually keeping up with fast-changing cross-border rules. Its $110M Series C and PwC Indirect Tax Edge acquisition fund a bet on turning that stack into one real-time, AI-enabled system, while the company says it supports 190+ jurisdictions, 100+ tax-ID countries and more than a billion annual transactions.
Checked against 8 sources today
| Series A [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $20.5M | 2021-11-22 | OMERS Ventures | No recent discussion |
1 source [ DEVELOPING ] Developing: it holds up against its sources so far, and firms up as more reporting lands. read against 1 source
The article identifies Index Ventures as a participant in the Series A, while separately describing it as the lead of Fonoa's earlier seed round. [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]1 page read: techcrunch.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]correctedchecked against 1 source·[ BRANDING ]logo and colour from the homepage·[ AGENT ]company research by the Firecrawl agent | ||||
Also named as backers in company research: Dawn Capital, 9Yards Capital, Gautam Gupta, Kevin Hartz, Prabir Adarkar, Carlos Gonzalez-Cadenas, Allison Barr Allen, Headline, Eurazeo, Forestay Capital