Fonoa provides an API-first platform automating indirect tax: tax ID validation in over 120 countries, VAT/GST/sales-tax calculation across 100+ jurisdictions, e-invoicing and automated tax return filing, using AI for regulatory monitoring. The company says it supports tax determination in more than 190 jurisdictions and processes over a billion transactions a year for customers including Uber, Netflix and Booking.com. Fonoa was founded in Dublin in 2019 by three former Uber employees, Davor Tremac, Filip Sturman and Ivan Ivankovic. The company acquired PwC's Indirect Tax Edge platform alongside its most recent funding round.
Builder’s Brief
Fonoa is a finance tool on Falcoscan. AI-powered platform automating global indirect tax compliance. Falcoscan rates Fonoa with an Opportunity score of 74/100, a Saturation score of 35/100, and a Wrapper-risk score of 12/100. Market signal: rising. Fonoa is founded in 2019, currently at Series_c stage. Pricing: Paid.
Market position · Finance
How Fonoa compares in Finance
Fonoa's opportunity score of 74 ranks #48 of 336 live Finance tools on Falcoscan, 6.5 points above the category average of 67.5. Its saturation score is 35/100, against a category average of 34.7. 80 of the 336 live Finance tools carry a hot signal, and Falcoscan has recorded 20 shutdowns in the category.