Ireland · 
Who invested in Fonoa?
Fonoa's investors include Index Ventures, FJ Labs, Coatue, Dawn Capital and Headline, and 5 more on record. Headline led its latest round.
2023202420252026
$60MSeries B$110MSeries C
Ireland · Series C startup
Who invested in Fonoa
2 rounds we have observed, with the 10 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.
Raised 5 months ago
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Funding summaryUpdated 5 Nov 2026
$170Mraised across 2 rounds since 2022, from 2 sources
$60MSeries B$110MSeries C
- Latest round
- Series C, $110MMay 2026
- Led by
- Headline
- Step-upi
- 1.8×
- Investors
- 10 (1 led)
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Series B, $60M Jul 2022
- Biggest round
- $110M Series C · May 2026
- Between rounds
- 3.9 years from the last two
The rounds
- May 2026Series C$110M5 new4 returning
HeadlineLead
Index Ventures
FJ Labs
Coatue
Eurazeo
Karman Ventures
Dawn Capital
Forestay Capital
Ontario Municipal Employees Retirement System
Reported by Ventureburn
- Jul 2022
Founders and team
From Fonoa's own website: 4 on the team.
- Kirsten BestHead of VAT
- One Jae PaikTax Director
- Renan BastaziniStaff Technical Program Manager
- Wei Jie SiowTax Director at Coda
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
These 2 firms list Fonoa as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
Quick answers about Fonoa
How much has Fonoa raised?
Fonoa has raised $170M across 2 rounds since 2022.
When did Fonoa last raise?
Fonoa's most recent round was a Series C of $110M in May 2026, led by Headline.
What was Fonoa's biggest round?
Its most recent round, $110M in May 2026, is also its largest on record.
Who backed Fonoa first?
Fonoa's first round on record, in Jul 2022, was backed by Index Ventures, FJ Labs and Coatue and 2 others.
What stage is Fonoa at?
Fonoa's latest named round is a Series C, in May 2026.
Where is Fonoa based?
Fonoa is based in Ireland.
Who led Fonoa's rounds?
Headline led the Series C in 2026.
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