FN

Fonoa

Backed byIndex VenturesAccel
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Fonoa is the global tax automation platform that helps digital companies comply with indirect tax (VAT, GST, sales tax) requirements in 120+ countries. It handles tax determination, invoice generation, and reporting through simple APIs β€” eliminating the complexity of international tax compliance for software companies expanding globally.

Location
Dublin, Ireland
Raised
$60M
Stage
Series B
Founded
2020
Category
Fintech
Funding
VC-backed
Team
100–200

Funding figures as of Jul 2025 Β· not independently verified

Founders of Fonoa

  • Filip Sturman
  • Davor Tremski
  • Igor Lenterman

Investors backing Fonoa

  • Index Ventures
  • Accel

Frequently asked questions

What does Fonoa do?

Fonoa is the global tax automation platform that helps digital companies comply with indirect tax (VAT, GST, sales tax) requirements in 120+ countries. It handles tax determination, invoice generation, and reporting through simple APIs β€” eliminating the complexity of international tax compliance for software companies expanding globally.

Where is Fonoa based?

Fonoa is based in Dublin, Ireland.

When was Fonoa founded?

Fonoa was founded in 2020.

How much has Fonoa raised?

Fonoa has raised $60M in their Series B round as of Jul 2025.

Who founded Fonoa?

Fonoa was founded by Filip Sturman, Davor Tremski, Igor Lenterman.

Who has invested in Fonoa?

Fonoa is backed by Index Ventures, Accel.

How Fonoa would pitch themselves

β—‹ Auto-generated
01Target customer

Digital businesses β€” the core audience Fonoa's product is built around.

02Problem they solve

Fonoa is the global tax automation platform that helps digital companies comply with indirect tax (VAT, GST, sales tax) requirements in 120+ countries. It handles tax determination, invoice generation, and reporting thr… The category has historically been served by tools that miss the modern workflow this product is built around.

03Key differentiator

Fonoa differentiates on global tax automation for digital businesses. Backed by Index Ventures + Accel, $60M raised β€” the company has resources + validation to compound this thesis. Founded by Filip Sturman + team.

04Go-to-market strategy

Growth-stage GTM β€” multi-channel revenue motion (direct enterprise sales, channel partnerships, marketplace listings). Vertical specialisation + verticalised AE teams targeting enterprise + mid-market.

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