# Stephane Kurgan

> Stephane Kurgan is a Series A investor at Index Ventures backing Software. See 28 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Index Ventures](https://shizune.co/investors/profile/index-ventures)
- Location: London, United Kingdom
- Total investments: 28
- Last investment: Jun 2026
- Lead investor: 36%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/stephane-kurgan-149181

Stephane Kurgan is a Series A investor at Index Ventures in London focused on Software and FinTech. Stephane Kurgan has served on our Board of Directors since April 2012 and as our chief operating officer since April 2011. Stephane has more than 20 years of management experience at high-growth technology businesses. Prior to joining King, Stephane served as the chief financial officer atTideway Systems Ltd., a data centre management software company that was acquired by BMC Software, Inc. He has also served as senior vice president and managing director of enba plc, held various sales and product management roles at Bureau van Dijk Electronic Publishing BV and was a consultant with McKinsey & Company, Inc. Stephane has served as a member of the Board of Directors of HK Ltd. since January 2006 and previously served on the Board of Directors of Lasker Fund LP and Gladstone Capital Management LLP until December 2012. Stephane holds a B.A. in Economics from the Universite Libre de Bruxelles, Belgium, a Diploma in International Relations from Johns Hopkins University SAIS School, Italy and an M.B.A. from INSEAD, France. Papa Pear Saga is the only King game where Stephane is remotely ahead of his wife.

## Contacts

5 contacts available for Stephane Kurgan: work email, personal email, work phone, personal phone and socials. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-email/stephane-kurgan?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $4M–$9.8M |
| Series A | $6.7M–$25M |
| Series B | $30M–$155M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 5 | 18% |
| FinTech | 4 | 14% |
| SaaS | 3 | 11% |
| Developer APIs | 3 | 11% |
| Gaming | 2 | 7% |

27 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 9 | 32% |
| Seed | 5 | 18% |
| Series B | 1 | 4% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United Kingdom | 7 | 25% |
| United States | 3 | 11% |
| Turkey | 2 | 7% |
| Finland | 1 | 4% |
| Ireland | 1 | 4% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| fomo | Fomo is a cutting-edge fintech startup revolutionizing the financial landscape through innovative technology and strategic partnerships. | $75M | Series B | Jun 22, 2026 | https://x.com/tryfomo |
| Fonoa | Fonoa is a tax technology company that develops a global tax automation platform for digital businesses, marketplaces, SaaS providers, and multinational enterprises. The company helps organizations manage indirect tax compliance by automating processes such as tax calculation, tax ID validation, invoicing, e-invoicing, reporting, and tax returnpreparation across multiple jurisdictions. Its platform is designed to reduce the complexity of complying with constantly changing VAT, GST, sales tax, and other indirect tax regulations worldwide. The company provides a modular, API-first platform that integrates with existing finance, ERP, payment, and operational systems. Its solutions enable businesses to automatically determine the correct tax treatment for transactions, validate customer and supplier tax IDs, generate locally compliant invoices, and meet country-specific e-invoicing and digital reporting requirements. Fonoa supports tax operations across more than 190 jurisdictions and processes hundreds of millions of transactions annually. | $110M | Series C | May 28, 2026 | https://www.fonoa.com/ |
| Scope AI | Scope AI is a software development platform that offers AI-driven industrial software inspection and faster decision-making. | $20M | Series A | May 19, 2026 | https://www.getscope.ai/ |
| Adfin | Adfin makes getting paid better for everyone. Our single platform gives businesses - and their accountants - the tools to get paid: faster, cheaper, easier.Our platform intelligently manages payment request workflows and payment methods so business don’t have to - giving them the time to build better businesses. Adfin's payment networkpresents payers with best-in-class experiences which reward them for paying faster. AI-driven workflows automate credit control. And everything reconciles seamlessly back to accounting software. Adfin is the best way to get paid: so good, customers love paying. | $18M | Series A | May 12, 2026 | http://www.adfin.com |
| Spiko | Spiko is a tokenization platform that offers to be the supplier of tokenized Money Market Funds. | $21.5M | Series A | Jul 17, 2025 | https://x.com/Spiko_xyz |
| Bigger Games | Bigger Games is a mobile gaming company that started in 2019 with a passion for creating games that millions of people play every day. | $25M | Series A | Jun 16, 2025 | https://biggergames.com/ |
| Arondite | Arondite is a defence technology company building the foundational software and AI to power the autonomous age. | $9.8M | Seed | Apr 02, 2025 | https://arondite.com |
| Kohort | Ramp Growth provides forecasting analytics software. They provide run scenarios and forecasts in less time and predict customer behaviour, future revenue, and the annual growth of a firm at the press of a button, enabling financial planners and finance teams to reduce the consequences of incorrect resource allocation. | $4.9M | Seed | Mar 03, 2023 | https://rampgrowth.com/ |
| Qargo | Qargo provides cloud-based transportation management software for automated logistics management. Its features include auto-import PDF, pricing engine, container load management, shipment planning, invoice and accounting management, etc. The company's contact modes are by mail, phone, and physical address. | $6M | Seed | Sep 08, 2022 | https://www.qargo.io |
| Fonoa | Fonoa is a tax technology company that develops a global tax automation platform for digital businesses, marketplaces, SaaS providers, and multinational enterprises. The company helps organizations manage indirect tax compliance by automating processes such as tax calculation, tax ID validation, invoicing, e-invoicing, reporting, and tax returnpreparation across multiple jurisdictions. Its platform is designed to reduce the complexity of complying with constantly changing VAT, GST, sales tax, and other indirect tax regulations worldwide. The company provides a modular, API-first platform that integrates with existing finance, ERP, payment, and operational systems. Its solutions enable businesses to automatically determine the correct tax treatment for transactions, validate customer and supplier tax IDs, generate locally compliant invoices, and meet country-specific e-invoicing and digital reporting requirements. Fonoa supports tax operations across more than 190 jurisdictions and processes hundreds of millions of transactions annually. | $60M | Series B | Jul 21, 2022 | https://www.fonoa.com/ |

10 of 28 investments shown.

## Co-investors
- [IVP](https://shizune.co/investors/profile/institutional-venture-partners) — VC Fund, 5 deals together
- [Index Ventures](https://shizune.co/investors/profile/index-ventures) — VC Fund, 4 deals together
- [OMERS Ventures](https://shizune.co/investors/profile/omers-ventures) — VC Fund, 4 deals together
- [Balderton Capital](https://shizune.co/investors/profile/balderton-capital) — VC Fund, 3 deals together
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund, 3 deals together
- [Karman Ventures](https://shizune.co/investors/profile/karman-ventures) — VC Fund, 3 deals together

## About Index Ventures

VC Fund · San Francisco, United States

Index Ventures is a venture capital firm which helps entrepreneurs turn bold ideas into global businesses.

5 contacts available at Index Ventures.

| Name | Title | Profile |
| --- | --- | --- |
| Georgia Stevenson | Partner | https://shizune.co/investors/profile/georgia-stevenson |
| Gerald Rimer | Team Member | https://shizune.co/investors/profile/gerald-rimer |
| Hannah Seal | Principal/Partner | https://shizune.co/investors/profile/hannah-seal |
| Jan Hammer | Investor & Partner | https://shizune.co/investors/profile/jan-hammer |
| Julia Andre | Principal/Partner | https://shizune.co/investors/profile/julia-andre |

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## FAQ

### What does Stephane Kurgan invest in?

Stephane Kurgan invests primarily in Software, FinTech and SaaS startups, most often at Series A and Seed stage. Most of the 28 investments tracked by Shizune back companies in United Kingdom. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Stephane Kurgan's check size?

Stephane Kurgan typically joins rounds of $4M–$9.8M at Seed, $6.7M–$25M at Series A and $30M–$155M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Stephane Kurgan participates in.

### How do I contact Stephane Kurgan?

Public channels for Stephane Kurgan include LinkedIn. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### When did Stephane Kurgan last invest?

The most recent investment recorded for Stephane Kurgan closed in Jun 2026. Shizune tracks 28 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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