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Fonoa

AI-powered tax automation platform secures $100M+ in June 2026 funding round. Compare top AI enterprise tech deals and latest investment trends.

AI Fintech
Tax Automation
Total Raised
$110M
Last Valuation
$917M
Headquarters
Dublin, Ireland

Overview

Fonoa is a Dublin-based AI TaxTech startup developing tax technology for companies that need to manage complex tax workflows. Its platform sits in the fintech stack for enterprise tax operations, though the round disclosure provides limited product detail. The company raised a $110 million Series C, described as €94.4 million, on May 29, 2026. The financing coincides with Fonoa’s purchase of PwC’s tax platform, a move that expands its tax-technology footprint and provides a notable strategic angle for the round.

Funding History

1 round · May 2026
$110M
Total Raised
1
Valuation: $917M
Cumulative: $110M

Dublin’s AI TaxTech startup Fonoa raises €94.4 million Series C and buys PwC’s tax platform

Headline (Lead)EurazeoForestay CapitalIndex VenturesOMERSCoatue ManagementDawn Capital
Source

Frequently Asked Questions

How much has Fonoa raised in total?
Fonoa has raised a total of $110M across 1 funding round.
Who are Fonoa's investors?
Fonoa's investors include Index Ventures, Coatue Management, Headline, Eurazeo, Forestay Capital, and 2 others.
What does Fonoa do?
Fonoa is a Dublin-based AI TaxTech startup developing tax technology for companies that need to manage complex tax workflows. Its platform sits in the fintech stack for enterprise tax operations, though the round disclosure provides limited product detail. The company raised a $110 million Series C, described as €94.4 million, on May 29, 2026. The financing coincides with Fonoa’s purchase of PwC’s tax platform, a move that expands its tax-technology footprint and provides a notable strategic angle for the round.
Where is Fonoa headquartered?
Fonoa is headquartered in Dublin, Ireland.