Viennese AI startup fonio.ai reports reaching €10 million in annual recurring revenue (ARR) about a year after its most recent subscription reporting shift
Other Provisional 78% confidence first seen
Fonio.ai says its annual recurring revenue reached about €10 million roughly 12 months after adopting a subscription structure that it says enabled ARR-style reporting. The company attributes its growth to more than 30% month-over-month expansion and reports hiring growth, while also describing plans to scale ARR further by year-end.