AfterRaise/Companies/Fonoa Acquires Indirect Tax Edge

Fonoa Acquires Indirect Tax Edge

IrelandDublinFintech & InsuranceSeries C

Overview

Where Fonoa Acquires Indirect Tax Edge is now

Fonoa Acquires Indirect Tax Edge announced a Series C round of $110M on 29 May 2026, led by Headline.

Observed Described in the funding announcement as "provider of an AI tax operating system for global businesses". Source

Latest round
Series C
Amount
$110M
Announced
29 May 2026
Headquarters
Dublin, Ireland
Sector
Fintech & Insurance
Growth stage
Series C+
Investors
Headline
Also participating
new investors Eurazeo and Forestay Capital, alongside existing investors Index Ventures, OMERS, Coatue, and Dawn Capital
Relevant leadership
Not stated

Momentum Inferred

AfterRaise Score

60
Steady growth
0 funding signals in the last 90 days
Funding recency
18/40
announced within the last 6 months
Round scale
22/25
round size relative to the market
Funding stage
20/20
Series C
Funding cadence
0/15
one funding event tracked this year
Arriving with the signals layer
  • Hiring momentum Open roles and hiring pace
  • Market expansion New offices and new countries
  • Leadership Executive appointments
  • Product activity Launches and releases

Growth timeline

What has happened so far

  • 29 May 2026
    $110M Series C
    Led by Headline.

Observed The timeline currently holds funding events, because those are the signals AfterRaise observes today. Hiring, leadership, expansion and product events join it with the signals layer.

Moves

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Opportunities

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