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Fonoa Technologies
AI operating system for global indirect tax compliance
About Fonoa Technologies
Fonoa Technologies is a Dublin TaxTech company founded in 2019 by Uber alumni Davor Tremac (CEO), Filip Sturman and Ivan Ivanković that builds an AI tax operating system for multinational digital platforms, marketplaces and SaaS businesses. Modules cover tax ID validation, real-time determination across 190+ jurisdictions, e-invoicing and returns on a shared data model with a single audit trail; press cites clients such as Uber, Netflix, Booking.com and Canva and more than a billion transactions processed annually. In May 2026 Fonoa raised €94.4 million ($110 million) Series C led by Headline with Eurazeo, Forestay Capital and existing Index Ventures, OMERS, Coatue and Dawn Capital, and acquired PwC's Indirect Tax Edge platform for VAT/GST reporting, e-filing and tax analytics so determination, e-invoicing and filing sit in one system, while PwC continues related services through Edge. Sources: EU-Startups 29 May 2026.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2019
- Headquarters
- Dublin, Ireland
- Employees
- 244
- Open positions
- 23
- Dealroom signal
- 94.0/100
- Industry
- Fintech, Enterprise Software
- Sub-industry
- Financial Management Solutions
- Sector
- Fintech, Tax, Invoicing, Fintech Related, CFO Tech, Legal, Tax and Accounting
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | May 2026 | $110M | $440M | Index Ventures · Eurazeo · Coatue Management · Dawn Capital | ↗ |
| SERIES BOther financing | Jul 2022 | $60M | $240M | Dawn Capital · Karman Ventures · Index Ventures · OMERS Ventures | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Fonoa Technologies is 110K monthly website visits, up 20.9% over the last three months. Fonoa Technologies's team grew 31.2% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Series A10 investors entered at this stage
OMERS Ventures
FJ Labs
Gautam Gupta
Carlos Gonzalez- Cadenas
Karman Ventures- PAPrabir Adarkar
Kevin Hartz
Alison Barr Allen
Coatue Management
Dawn Capital
Series B and later3 investors entered at this stage
Eurazeo
Forestay Capital
Ontario Municipal Employees Retirement System (OMERS)
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Fonoa Technologies on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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