We’re proud to share that Fonoa has been featured once again in Sifted’s B2B SaaS Rising 100, a report that highlights the most promising SaaS startups across Europe and Israel.

Now in its fourth edition, the Rising 100 report, co-sponsored by Sapphire Ventures and Lazard, spotlights the next generation of SaaS companies that are shaping the future of the industry. In a year defined by accelerating AI adoption and fast-changing customer expectations, we’re honored to be included alongside some of the most forward-thinking companies in the region.

Just announced: Fonoa is 25 places higher than last year

This marks Fonoa’s fourth consecutive year on the list and our most exciting yet. We’re proud to have climbed 25 spots in the rankings compared to 2024, a reflection of the progress we’ve made and the trust placed in us by our customers and partners.

That momentum is fueled by a clear mission: to simplify global tax for digital businesses through real-time, automated solutions. As companies face growing complexity and evolving compliance rules, we’re focused on making tax infrastructure that just works.

The vision that got us here

From day one, we believed that tax shouldn’t slow companies down. We set out to build a platform that empowers digital businesses to operate globally without getting held back by fragmented rules, manual processes, or legacy infrastructure.

Our vision has always been to cover the entire end-to-end tax lifecycle. That means automating everything from tax validation and determination, to real-time invoicing and reporting, all the way through to return preparation and filing. Each step is built to reduce manual effort, increase accuracy, and help companies stay compliant across borders.

We’ve designed our platform to be cross-functional and developer-friendly, connecting tax, finance, and engineering teams with the tools they need to move faster and scale smarter. This approach continues to guide how we build, support, and grow alongside our customers.

Looking ahead

The B2B SaaS Rising 100 recognizes companies that are building with ambition, clarity, and purpose. We’re proud to be included and even more motivated by what’s next.

As the role of AI in tax continues to take shape, we believe its potential is enormous, but the path forward still requires a strategic leader. AI is not a silver bullet. It’s a powerful tool, and like any tool, it needs the right context and the right safeguards.

At Fonoa, we’re committed to leading the way in how AI is applied across the tax lifecycle. From intelligent validation to predictive compliance signals, we’re exploring where automation can go further—and where human oversight remains essential to ensure accuracy, accountability, and scale.

The future of tax will be real-time, global, and increasingly AI-enhanced. We’re excited to help define that future, alongside our customers and partners.

Explore the B2B SaaS Rising 100

Check out the full list and report to discover the startups leading the next wave of B2B innovation:

View the full Rising 100 list
Read the full 2025 report

Thanks to the teams at Sifted, Sapphire Ventures, and Lazard for the spotlight. And congratulations to everyone featured.