Fonoa

Fonoa provides a global tax automation platform that helps businesses manage indirect tax compliance.

Latest funding

$110M Series B+ · May 29, 2026

Led by Headline · Source: fundraisingfox.com

Total raised: $170M across 2 sourced rounds

All 2 rounds ↓

Website: fonoa.com.

X: @Fonoa_HQ · 577 followers.

LinkedIn: fonoa.

Categories: Legal and compliance Fintech Commerce and retail.

Sectors: Artificial Intelligence (AI), Compliance, FinTech, SaaS, Tax Consulting.

Stage: Series B+.

Based in: Zagreb, Croatia.

Founded: 2020.

Total raised: $170M in 2 sourced rounds.

Last round: May 29, 2026 · 170 days ago.

Headcount: 51–100 employees.

On Recent Funding since: Sep 29, 2026.

Signals

X account@Fonoa_HQ · created Oct 30, 2019 (7 years old) · 577 followers

Website registeredAug 24, 2004 (22 years old)

About Fonoa

It automates processes like tax calculation, tax ID validation, e-invoicing, reporting, and tax return preparation. The company's customers include digital businesses, marketplaces, SaaS providers, and multinational enterprises.

TIMELINE · MONEY RAISED

Fonoa | 995 days from X account to first raise on record

@Fonoa_HQ·Raised $170M in 2 sourced rounds·1 signal before the first raise

Money raised, round by round (amounts linked to their source). Pins are dated signals; hover the icons for dates.

Funding rounds

Date	Round	Amount	Lead	Source
May 29, 2026	Series B+	$110M	HHeadline	fundraisingfox.com
Jul 21, 2022	Series B+	$60M	CCoatue	techcrunch.com

Timeline

October 30, 2019
X account created
August 24, 2004
Website created

Founders and team

DT
Davor Tremac Founder

LinkedIn
FS
Filip Sturman Founder

LinkedIn
II
Ivan Ivankovic Founder

@mrivanivankovic
PC
Pablo Carranza CTO
DP
David Pevec Business Development Lead
FX
Francois Xavier Bacourt Product Manager
KP
Kristian Posavcevic Marketing Manager
RJ
Rhodri James CRO

Acquisitions

Acquired company	Price	Announced
PPricewaterhouseCoopers - Indirect Tax Edge Platform	Not disclosed publicly	May 28, 2026
PPricewaterhouseCoopers - Global Indirect Tax Compliance	Not disclosed publicly	Date not given

Investors

Companies like Fonoa

FFinom$130M Series B+ · Jun 2025
CChargebee$250M Series B+ · Feb 2022
TTradeshift$70M Series B+ · Aug 2023
DDDD InvoicesSeed · May 2026
QQonto$550M Series B+ · Jan 2022
XXSquireSeed · Jun 2026

Other companies backed by Headline

SSPARETECH$20M Series B+ · Nov 2026
SServal$150M Series B+ · Oct 2026
CClarityCare$16.5M Seed · Oct 2026
HHeidi Health$100M Series B+ · Sep 2026
MMithrl$20M Series A · Sep 2026
EExein$270M Series B+ · Sep 2026

Headline portfolio →

Sources and API

Every amount links to the page it came from. * Estimated from an accelerator's published standard deal, not a company-specific disclosure. How Recent Funding sources and verifies funding data. The same data as JSON: /api/v1/companies/fonoa (get a free API key).