Fonoa
Global tax automation for digital businesses
About Fonoa
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 — eliminating the complexity of international tax compliance for software companies expanding globally.
Pitch deck breakdown
How Fonoa would pitch themselves.
Target customer
Digital businesses — the core audience Fonoa's product is built around.
Problem 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.
Key differentiator
Fonoa differentiates on global tax automation for digital businesses. Backed by Index Ventures + Accel, $60M raised — the company has resources + validation to compound this thesis. Founded by Filip Sturman + team.
Go-to-market strategy
Growth-stage GTM — multi-channel revenue motion (direct enterprise sales, channel partnerships, marketplace listings). Vertical specialisation + verticalised AE teams targeting enterprise + mid-market.
Fonoa website preview
Company facts
- Category
- Fintech
- Funding stage
- Series B
- Total raised
- $60M
- Founded
- 2020
- Team size
- 100–200
- HQ
- Dublin
- Country
- Ireland
- Website
- fonoa.com
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 — 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.
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.