NewFonoa AI raises $110M and acquires Indirect Tax Edge from PwC

AI platform for global indirect tax

Tax infrastructure that connects the full indirect tax lifecycle on one platform. Your team sets the rules. AI handles the rest, automatically, across every jurisdiction.

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Trusted by

Airwallex
Spotify
Uber
Booking.com
Canva
Netflix
Glovo
Dell
Zoom
Lenovo
Bolt
TravelPerk
Freshworks
Intuit
Airwallex
Spotify
Uber
Booking.com
Canva
Netflix
Glovo
Dell
Zoom
Lenovo
Bolt
TravelPerk
Freshworks
Intuit

Four solutions. Every indirect tax obligation. One platform.

Global tax infrastructure that runs autonomously. One data model across the entire indirect tax lifecycle. AI executes every workflow while your team stays in control.

Validate

Validate

Global tax ID validation

Real-time, 120+ countries, search by name, fuzzy matching.

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Tax Engine

Tax Engine

Fast tax determination

VAT, GST, Sales Tax across 100+ jurisdictions. Sub-200ms. API-first, configurable without engineering escalation.

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E-Invoicing

E-Invoicing

Unified e-invoicing API

One standard model across all mandates. Accredited government connections. Ultra-low rejection rates.

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Returns

Returns

Automated return filing

Multi-country. Full lineage from return box to source transaction. Native e-invoicing connection.

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Knowledge

new

Global tax legislation at your fingertips

Living global tax intelligence layer. Answers complex questions in minutes with cited sources.

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Audit

new

Access and ask your tax data anything

Audit readiness from weeks to minutes. All your tax data at the push of a button.

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Agents

Coming soon

AI-driven end-to-end tax compliance automation

AI agents execute the full compliance lifecycle. Humans supervise and approve.

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Rated by the people who rely on us

Built on trust.
Measured in results.

100%
Customer retention
Every customer who started 2025 with us renewed.
97%
Ease of doing business
G2 reviewers highlighted end-to-end collaboration and availability.
94%
Quality of support
G2 reviewers highlighted response times and expertise.
4.6/5
Gartner Peer Insights rating
Independent reviews from verified enterprise users.

Don't just take our word for it.
Why companies around the world prefer Fonoa AI.

Customer stories
One Jae Paik

Fonoa AI is a core piece of indirect tax infrastructure.

One Jae Paik
Tax Director at Fin
36
countries
58.8%
reduction in errors
100%
automated validation
Wei Jie Siow

Fonoa AI is one of the few platforms that truly understands digital economy businesses and supports the full indirect tax lifecycle.

Wei Jie Siow
Tax Director at Coda
90%
faster tax calculation
4
week implementation
2M
transactions per year
Renan Bastazini

When we talk about scaling, we want to automatically trigger an API to see if the tax ID is valid or not. Fonoa AI's API was a huge differentiator.

Renan Bastazini
Staff Technical Program Manager at Wellhub
33%
reduction in tax ID validation tickets
15%
submitted IDs caught as invalid
#1
API speed vs. other vendors
Kirsten Best

Fonoa AI's solutions aren't just saving us time, they're helping us stay ahead of regulatory change, globally.

Kirsten Best
Head of VAT at Remote
480
hours saved per year
95+
countries live
100s
corrected VAT IDs