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Fonoa

A provider of global tax infrastructure that automates indirect tax calculation, e-invoicing, tax ID validation, and tax return filing for e-businesses.

Fonoa has raised €175M across 3 funding rounds from 14 investors, most recently a Series C round in May 2026. Based in Dublin, Ireland; active in Fintech. Data as of 28 Oct 2026.

Total raised
€175M
€175,465,603
Funding rounds
3
Investors
14
distinct backers
Active since
2021-11
latest 2026-05

Funding by year

EUR raised per year · 2026 YTD
Fonoa — funding by year — interactive chart.
Data table
Fonoa — funding by year
2021€22M
2022€59M
2026€94M

Signals

High confidence
Raise-next likelihood44
base rate 50% for Series C
  • ▼ Raised very recently
  • ▲ Up-round momentum
Exit likelihood29
base rate 11% (2+ rounds)
  • ▲ €100M+ raised
  • ▲ 5y since founding (typical exit age)
  • ▲ Recently backed by strong-exit-track investors

Timing: too soon vs cohort gap · momentum up. Funding-only estimates, not predictions and not investment advice — see signals.