Fonoa

Indirect Tax Technology for Global Businesses.

General Information
Industries
API, Financial Services +2
Funding Stage
Series B
Product Stage
-
Business Model
-
Company Overview
Founded
2019
Employees
151
Location
, Ireland
Website
Fonoa - Company Details
Fonoa is a global tax automation platform founded in 2019, headquartered in Ireland, that aims to streamline tax compliance for multinational digital platforms, marketplaces, and SaaS businesses. The company's vision is to provide end-to-end solutions with global VAT, GST, and Sales Tax capabilities, aligning their products and roadmap with the needs and expectations of their clients. With a range of impressive statistics, including validating tax IDs in 110+ countries, finding tax IDs in over 20, and covering 190+ countries and US states with their tax engine, Fonoa has garnered trust from leading marketplaces such as Zoom, Uber, Booking, and Remote.com. The company's recent Series B investment of $60.00M on 21 July 2022 involved notable investors such as Index Ventures, 9Yards Capital, Coatue, Dawn Capital, FJ Labs, Omers Ventures, and Karman Ventures. Fonoa's focus on reliability, quick integration timelines, and dedication to the needs of large, digital-first companies positions them as a key player in the API, Financial Services, Fintech, and SaaS industries.