Fonoa
Provides AI-powered indirect tax compliance platform covering determination, e-invoicing, and returns
$110MSeries C
Role not disclosedFC
Forestay Capital
Activity from announced rounds
Activity in this selectionFintech
Forestay Capital is an enterprise AI and SaaS investment manager whose official site identifies Reco, Fonoa and Pivot.
Recorded funding activity
Reco secures SaaS applications, identities and agents. Fonoa automates indirect-tax compliance, while Pivot develops procurement and finance operations software. These financings concern different enterprise controls rather than interchangeable descriptions of AI software.
Sources
- Rounds participated in
- 2
- Confirmed lead rounds
- — 2 roles undisclosed
- New companies
- 2 First participation on record · 0 follow-on
- Funding in participating rounds
- $150M 2 disclosed · full round size, not this investor’s share