Finance > Venture Deals Database > Venture Transactions Database > Monthly Deals (All) > November 2021 VC Transactions
Fonoa

Tech Company Financing Transactions

Fonoa Funding Round

Fonoa secured a $20.5 million Series A funding round on 11/23/2021. Investors included OMERS Ventures, FJ Labs and Index Ventures.

Transaction Overview

Company Name

Fonoa

Announced On

11/23/2021

Transaction Type

Venture Equity

Amount

$20,500,000

Round

Series A

Investors

OMERS Ventures (Lead Investor) (Jambu Palaniappan)

FJ Labs

Index Ventures (Hannah Seal)

private investors (Allison Allen)

private investors (Carlos Gonzalez-Cadenas,)

private investors (Gautam Gupta)

private investors (Kevin Hartz)

private investors (Prabir Adarkar)

Moving Capital

Proceeds Purpose

It plans to use the money toward hiring. Although it is based in Dublin, Fonoa -- like many other startups these days -- is remote-first, with a 60-person distributed team working in 15 countries.

Company Information

Company Status

Private & Independent

Industry

FinTech

Mailing Address

71 Lower Baggot St.
Dublin, D02 P593
Ireland

Phone

Undisclosed

Website

www.fonoa.com

Email Address

Not Recorded

Overview

We're on a mission to eliminate the manual work when dealing with taxes on online transactions. We believe businesses should focus on growth - and use software to take care of the rest. Since its founding, Fonoa is building a fully distributed team with members in more than 10 countries across Europe.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Davor Tremac

Browse more venture capital transactions:

Prev: 11/23/2021: MoonPay venture capital transaction
Next: 11/24/2021: Verbit venture capital transaction

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About Database of VC Transactions

Our team works diligently to document all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

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