We support the next generation of technology leaders

Fonoa
Pivot
Datavations
Buynomics
Luminance
Neural Concept
Convelio
Stratio
Howspace
K2View
Scandit
Zenjob
Kandou
vCita
Wasabi
Fornova
Icometrix
(exited)
Veriti
(exited)
Nexthink
(exited)
Manta
(exited)
BlueBotics
(exited)
Mobeewave
(exited)
Description

Fonoa is the AI-powered Tax Operating System for autonomous tax. Fonoa's modules cover the full indirect tax lifecycle: tax ID validation, real-time tax determination, e-invoicing, and returns. Leading global companies such as Canva, Uber, Netflix, Nebius, and Booking.com all work with Fonoa to navigate complex, real-time tax requirements as they scale across markets, seeing up to 90% faster tax calculation in some cases.

Thesis

Fonoa is leading the shift in tax from a series of disconnected point solutions to a unified operating system. The category has historically spanned tens of billions globally, including services now being reshaped by automation, and Fonoa is enabling businesses to manage compliance with a level of speed and intelligence that wasn’t previously possible.

HQ
Ireland
First Investment
Series C
Date Invested
2026