FundedIQ
Financial Services

Fonoa: Funding, Investors & Team (Sep 2026)

Fonoa is an API-first company that helps high-volume internet marketplaces and merchants automate taxes across the globe. Its modular product suite helps clients to reduce manual workload, increase compliance and reduce the cost of operation when transacting and scaling internationally. Fonoa was founded in 2019 and is headquartered in Dublin, Ireland.

www.fonoa.com LinkedIn Dublin, Ireland 51-100 employees
Compliance Developer APIs FinTech Internet SaaS
Total raised
$191M
Rounds
3
Latest
Series C
May 2026

Fonoa has raised $191M across 3 funding rounds on record, the most recent a Series C of $110M announced in May 2026.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Fonoa Company Profile and Key Stats

Total funding raised
$191M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Series C
$110M in May 2026
Employees
51-100
reported band
Headquarters
Dublin, Ireland

Latest funding round on record: May 2026.

Fonoa Funding Rounds

Date
Round
Amount
Series C
$110M
Series B
$60.0M
Series A
$20.5M

Fonoa raised $20.5M in a Series A announced in Nov 2021.

8 months later, a Series B of $60.0M was announced in Jul 2022.

3.8 years later, a Series C of $110M was announced in May 2026.

Fonoa Founders and Leadership Team

Name
Role
Contact
Ivan Ivankovic
Founder
Locked
Davor Tremac
CEO
Locked

Contact details for the Fonoa team: 2 of 2 have an email address on file.

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Fonoa Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
428
$4.5M
1,814
$58M

Fonoa's latest round of $110M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Fonoa Funding FAQs

What does Fonoa do?

Fonoa is an API-first company that helps high-volume internet marketplaces and merchants automate taxes across the globe. Its modular product suite helps clients to reduce manual workload, increase compliance and reduce the cost of operation when transacting and scaling internationally. Fonoa was founded in 2019 and is headquartered in Dublin, Ireland.

How much funding has Fonoa raised?

Fonoa has raised $191M across 3 rounds on record. The most recent is a Series C of $110M announced in May 2026.

When did Fonoa last raise funding?

Fonoa's most recent funding round on record is a Series C of $110M, announced in May 2026.

Who founded Fonoa?

FundedIQ lists Ivan Ivankovic (Founder) at Fonoa.

Who is the CEO of Fonoa?

Davor Tremac is listed as CEO at Fonoa.

Where is Fonoa headquartered?

Fonoa is based in Dublin, Ireland.

How many employees does Fonoa have?

Fonoa is in the 51-100 employee band.

How does Fonoa's funding compare to other Financial Services startups?

Fonoa's latest round of $110M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Fonoa Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Fonoa is left off this page rather than filled in.

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