Fonoa Overview
- Year Founded
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2018
- Status
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Private
- Employees
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260
- Latest Deal Type
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Series C
- Latest Deal Amount
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$110M
- Investors
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27
Fonoa General Information
Description
Developer of tax automation and compliance software designed to help companies streamline the entire transactional chain. The company's software helps to automatically determine and calculate a tax rate and amount to apply to the sales transactions, as well as offers invoicing compliance, country reporting, issuance of fully VAT-compliant invoices, tax compliance, and other related services, enabling tax managers to manage their obligations without stress.
Contact Information
Website
www.fonoa.comCorporate Office
- 6th Floor, South Bank House
- Barrow Street
- Dublin D04 TR29
- Ireland
Corporate Office
- 6th Floor, South Bank House
- Barrow Street
- Dublin D04 TR29
- Ireland
Fonoa Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Later Stage VC (Series C) | 28-May-2026 | $110M | Completed | Generating Revenue | ||
| 3. Early Stage VC (Series B) | 10-May-2022 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 22-Nov-2021 | $20.9M | $25.1M | Completed | Generating Revenue | |
| 1. Seed Round | 01-Nov-2020 | $4.53M | $4.12M | Completed | Generating Revenue |
Fonoa Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series B | ||||||||
| Series A | ||||||||
| Series A | ||||||||
| Series A | 33,993 | $0.001069 | $492.04 | $492.04 | 1x | $492.04 | 16.94% | |
| Seed Preferred | 36,174 | $0.001069 | $103.44 | $103.44 | 1x | $103.44 | 18.03% |
VC Exit Predictor
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Fonoa Comparisons
Industry
Financing
Details
Fonoa Competitors (15)
One of Fonoa’s 15 competitors is TaxScouts, a Formerly VC-backed company based in London, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| TaxScouts | Formerly VC-backed | London, United Kingdom | ||||
| TaxCloud | Private Equity-Backed | Austin, TX | ||||
| Avalara | Private Equity-Backed | Durham, NC | ||||
| Gestión Tributaria Territorial | Private Equity-Backed | Alicante, Spain | ||||
| Taxfix | Venture Capital-Backed | Berlin, Germany |
Fonoa Signals
Fonoa Investors (27)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Eurazeo | Asset Manager | Minority | ||
| Forestay Capital | Venture Capital | Minority | ||
| Headline | Venture Capital | Minority | ||
| 9Yards Capital Management | Growth/Expansion | Minority | ||
| Coatue Management | PE/Buyout | Minority |
Fonoa Investments & Acquisitions (2)
Fonoa’s most recent deal was a Corporate Asset Purchase with PricewaterhouseCoopers (Indirect Tax Edge Software). The deal was made on 26-May-2026.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| PricewaterhouseCoopers (Indirect Tax Edge Software) | 26-May-2026 | Corporate Asset Purchase | Buildings and Property | ||
| PwC (Tax Compliance Business) | 09-Oct-2024 | Merger/Acquisition | Accounting, Audit and Tax Services (B2B) |
Fonoa FAQs
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When was Fonoa founded?
Fonoa was founded in 2018.
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Where is Fonoa headquartered?
Fonoa is headquartered in Dublin, Ireland.
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What is the size of Fonoa?
Fonoa has 260 total employees.
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What industry is Fonoa in?
Fonoa’s primary industry is Financial Software.
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Is Fonoa a private or public company?
Fonoa is a Private company.
-
What is the current valuation of Fonoa?
The current valuation of Fonoa is .
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What is Fonoa’s current revenue?
The current revenue for Fonoa is .
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How much funding has Fonoa raised over time?
Fonoa has raised $199M.
-
Who are Fonoa’s investors?
Eurazeo, Forestay Capital, Headline, 9Yards Capital Management, and Coatue Management are 5 of 27 investors who have invested in Fonoa.
-
Who are Fonoa’s competitors?
TaxScouts, TaxCloud, Avalara, Gestión Tributaria Territorial, and Taxfix are some of the 15 competitors of Fonoa.
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