About Duck Creek
Duck Creek is a company based in Boston (United States) founded in 2000 was acquired by Vista Equity Partners in January 2023. Duck Creek has raised $350 million across 3 funding rounds from investors including Apax Partners, Temasek and FirstMark. The company has 780 employees as of April 09, 2024. Duck Creek has completed 4 acquisitions, including Imburse Payments, Risk Control Tech and Send Technology. Duck Creek offers products and services including Duck Creek Suite, Billing, Claims, Digital Customer Service, and Policy Rating. Duck Creek operates in a competitive market with competitors including Guidewire, Bold Penguin, BetterView, OneShield and Insurity, among others.
- Headquarter Boston, United States
- Employees 780 as on 09 Apr, 2024
- Stage Public
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Sectors
Financial Services
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Duck Creek Technologies India Llp
- Date of Incorporation 26 May, 2016
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$350 M (USD)
in 3 rounds
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Latest Funding Round
$230 M (USD), Series D
Jun 10, 2020
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Investors
Apax Partners
& 8 more
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Employee Count
780
as on Apr 09, 2024
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Investments & Acquisitions
Imburse Payments
& 3 more
- Acquired by
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Products & Services of Duck Creek
Duck Creek offers a comprehensive portfolio of products and services, including Duck Creek Suite, Billing, Claims, Digital Customer Service, and Policy Rating.
Comprehensive platform for managing P&C insurance operations and integrations.
System for handling insurance billing and payments efficiently.
Platform for processing and managing insurance claims digitally.
Tools for providing personalized insurance customer support online.
Software for evaluating and rating insurance policies accurately.
System for processing insurance payments and ecosystem integrations.
People of Duck Creek
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Software Development Team
59 people
Leadership Team
43 people
Product Management Team
37 people
Senior Team
25 people
Sales and Marketing
23 people
Delivery Team
9 people
Human Resources and Administration
8 people
Associate Team
8 people
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Funding Insights of Duck Creek
Duck Creek has successfully raised a total of $350M across 3 strategic funding rounds. The most recent funding activity was a Series D round of $230 million completed in June 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Duck Creek
Duck Creek has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Apax Partners, Temasek and FirstMark.
| Investor | Description | Founded Year | Domain | Location |
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Kayne Anderson Rudnick is engaged in investment and wealth management.
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Secondary market fund focused on LP and direct secondary transactions
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An investment platform is provided for diverse sectors and geographies.
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Locked | Locked | Locked |
Investor details for Duck Creek
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- Investor domains
- Investor locations
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- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Duck Creek
Duck Creek has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Imburse Payments, Risk Control Tech and Send Technology.
Investment portfolio details for Duck Creek
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- Portfolio identities
- Transaction dates
- Round details
- Investment values
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Payments solutions for businesses are provided via integrated platforms.
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Locked | Locked | 2017 | Locked | |
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Software suite offered for commercial insurance administration and tracking.
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Locked | Locked | 2017 | Locked | |
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End-to-end loss control software is provided for insurance automation.
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Locked | Locked | 2012 | Locked |
Complete acquisition details for Duck Creek
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- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Duck Creek
Detailed financials for Duck Creek
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Verified entity values are shown only after access is granted.
Duck Creek Comparisons
Peer comparison for Duck Creek
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- Operating benchmarks
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Competitors of Duck Creek
Duck Creek operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Guidewire, Bold Penguin, BetterView, OneShield and Insurity, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Cloud-based platform for property and casualty insurance is provided.
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Software suite is offered for commercial insurance quoting and binding.
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Insurance policy management and risk management solutions for the P&C insurance industry
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| Locked | Locked | Locked |
Cloud-based insurance policy and claims management solutions for the p&c insurance industry
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| Locked | Locked | Locked |
Insurity is recognized for providing cloud-native insurance software solutions.
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Detailed competitors of Duck Creek
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
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Latest news on Duck Creek
Complete news archive for Duck Creek
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- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Duck Creek
Duck Creek was founded in 2000 and raised its 1st funding round 5 years after it was founded.
Duck Creek is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Michael Jackowski is the current CEO of Duck Creek.
Duck Creek is a funded company, having raised a total of $350M across 3 funding rounds to date.
As of Apr 09, 2024, the latest employee count at Duck Creek is 780.
Duck Creek was founded in 2000 and is based in Boston, United States. Cloud-based solutions are offered for property and casualty insurance, as well as general insurance sectors. A suite of products is available, covering insurance billing, claims management, policy management, and rating engines. Additional solutions encompass distribution management, data management, customer relationship management, and reinsurance management.
Duck Creek's top competitors include Guidewire, Bold Penguin and OneShield.
Duck Creek offers Duck Creek Suite, Billing, Claims, Digital Customer Service, and 2 more products and services.
Duck Creek has made 4 acquisitions, including Imburse Payments, Risk Control Tech, and Send Technology.
Duck Creek has 9 investors. Key investors include Apax Partners, Temasek, FirstMark, Neuberger Berman, and Kayne Anderson Rudnick.