About Fonoa
Fonoa is a company based in Zagreb (Croatia) founded in 2018. Fonoa has raised $185 million across 4 funding rounds from investors including FJ Labs, Dawn Capital and Coatue. Fonoa offers products and services including Lookup, Tax, Invoicing, E-invoicing, and Returns. Fonoa operates in a competitive market with competitors including Avalara, TAINA Technology, Exactera, Taxdoo and TaxJar, among others.
- Headquarter Zagreb, Croatia
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Sectors
Technology
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Fonoa
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Annual Revenue
$1.24 M (USD)-5as on Dec 31, 2022
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Net Profit
$102.17 K (USD)-64as on Dec 31, 2022
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EBITDA
Not available
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Total Equity Funding
$185 M (USD)
in 4 rounds
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Latest Funding Round
$100 M (USD), Series C
May 29, 2026
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Investors
FJ Labs
& 14 more
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Employee Count
Not available
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Products & Services of Fonoa
Fonoa offers a comprehensive portfolio of products and services, including Lookup, Tax, Invoicing, E-invoicing, and Returns.
Instantly validates tax IDs in over 100 countries.
Determines accurate tax rates for transactions worldwide.
Issues locally compliant invoices for business needs.
Sends tax data to authorities in real time securely.
Automates filing of tax returns with governments.
Automates sharing of tax information for compliance.
People of Fonoa
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Leadership Team
15 people
Software Development Team
8 people
Sales and Marketing
8 people
Human Resources and Administration
7 people
Product Management Team
5 people
Operations Team
3 people
Legal and Compliance
2 people
Finance and Accounting
2 people
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Funding Insights of Fonoa
Fonoa has successfully raised a total of $185M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in May 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Fonoa
Fonoa has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include FJ Labs, Dawn Capital and Coatue.
| Investor | Description | Founded Year | Domain | Location |
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Provider of an investment platform for various stages
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Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
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Early-stage technology-driven companies are targeted for venture capital investments.
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Investor details for Fonoa
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Fonoa
Investment portfolio details for Fonoa
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Financial Statements - Fonoa
Detailed financials for Fonoa
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
- Statement rows
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Fonoa Comparisons
Peer comparison for Fonoa
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Competitors of Fonoa
Fonoa operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Avalara, TAINA Technology, Exactera, Taxdoo and TaxJar, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based tax compliance solutions are delivered for businesses worldwide.
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Compliance management platforms are provided for financial institutions' regulatory needs.
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Tax compliance software solutions are provided for business operations.
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Sales tax management is offered for online retailers.
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Cloud-based tax calculations & compliance solutions for small businesses
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Tax and compliance management solutions are offered to businesses.
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Detailed competitors of Fonoa
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- Full company profiles
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Latest news on Fonoa
Complete news archive for Fonoa
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Frequently Asked Questions about Fonoa
Fonoa was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Fonoa is headquartered in Zagreb, Croatia.
Davor Tremac is the current CEO of Fonoa.
Fonoa is a funded company, having raised a total of $185M across 4 funding rounds to date.
Annual revenue of Fonoa is $1.24M as on Dec 31, 2022.
Founded in 2018 and based in Zagreb, Croatia, Fonoa operates in the tax technology sector. Solutions for tax management and recovery are delivered to businesses on digital platforms, including food delivery, mobility, e-commerce, marketplaces, SaaS, and digital content. Tax obligations are determined and computed automatically for sales transactions, supporting compliance across global operations.
Fonoa offers Lookup, Tax, Invoicing, E-invoicing, and 2 more products and services.
Fonoa has 15 investors. Key investors include FJ Labs, Dawn Capital, Coatue, OMERS Ventures, and Index Ventures.