Duck Creek

Boston, United States Founded: 2000 • Age: 26 yrs Listed Acquired By Vista Equity Partners
Cloud-based solutions for property, casualty, and general insurance are provided.

About Duck Creek

Duck Creek is a Financial Services company based in Boston (United States) founded in 2000, and was acquired by Vista Equity Partners in January 2023. Cloud-based solutions for property, casualty, and general insurance are provided. Duck Creek has raised $350 million across 3 funding rounds from investors including Apax Partners, Temasek and FirstMark. The company has 780 employees. Duck Creek has completed 4 acquisitions, including Imburse Payments, Risk Control Tech and Send Technology. Its chief executive, as recorded, is Michael Jackowski. Its website duckcreek.com draws about 50 thousand monthly visits. Its Indian entity Duck Creek Technologies India Llp reported revenue of β‚Ή212 Cr. Duck Creek offers products and services including Duck Creek Suite, Billing, Claims, Digital Customer Service, and Policy Rating. Its focus areas include FinTech, Insurance IT, Insurance Policy Solutions and Insurance Software Suite. Its competitors include Guidewire, Bold Penguin and BetterView; 2 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Boston, United States
  • Employees 780
  • Stage Acquired
  • Sectors
    Financial Services
  • Website category Business and Consumer Services · Real Estate
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website duckcreek.com
  • Social LinkedIn X Facebook
  • Acquired by Vista Equity Partners (Jan 2023)
  • Legal Name Duck Creek Technologies India Llp
  • Date of Incorporation 26 May, 2016
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Indian entity revenue
    ₹212 Cr

    FY 2021 · +77% YoY

  • Indian entity net profit
    ₹18.02 Cr

    FY 2021 · 8% margin

  • Indian entity EBITDA
    ₹36.60 Cr

    FY 2021 · 17% margin

  • Total Equity Funding
    $350M (USD)

    in 3 rounds

  • Latest Funding Round
    $230M (USD), Series D

    Jun 2020

  • Investors
  • Employee Count
    780
  • Investments & Acquisitions
  • Acquired by
    Vista Equity Partners

    & 1 more

    (Jan 2023)

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.

Duck Creek Suite
Insurance Software

Comprehensive platform for managing P&C insurance operations and integrations.

Billing
Financial Tools

System for handling insurance billing and payments efficiently.

Claims
Processing Software

Platform for processing and managing insurance claims digitally.

Digital Customer Service
Customer Engagement

Tools for providing personalized insurance customer support online.

Policy Rating
Risk Assessment

Software for evaluating and rating insurance policies accurately.

Payments
Transaction Management

System for processing insurance payments and ecosystem integrations.

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.

  • Total Funding $350M
  • Total Rounds 3
  • Last Round Series D β€” $230M
  • Investors Count 7

All 3 funding rounds of Duck Creek with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2020$230MSeries D–Kayne Anderson Rudnick, Whale Rock Capital Management
–
Dec 2019$120MSeries C–Neuberger Berman, Temasek
–
May 2005Series A––
Valuation history

9 investors in total: 9 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Kayne Anderson Rudnick is engaged in investment and wealth management.
kayne.comLos Angeles, United States
Secondary market fund focused on LP and direct secondary transactions
1993nb.comNew York, United States
An investment platform is provided for diverse sectors and geographies.
1974temasek.com.sgSingapore, Singapore
Investment firm scaling software and technology companies from early to late stages.
insightpartners.com
Private equity investments are made in technology-enabled growth companies.
dragoneer.comSan Francisco, United States
Early-stage venture capital is invested in tech startups across sectors.
1987firstmark.comNew York, United States
Investments are directed toward high-growth enterprise software and technology companies.
vistaequitypartners.comAustin, United States
Equity investments are focused on tech, services, and consumer sectors.
1981apax.comHong Kong, China
Provides investment advisory services for global tech, media, and telecom investments.
2006whalerockcapital.comBoston, United States
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Investor details for Duck Creek

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Board of directors of Duck Creek Technologies India Llp (Duck Creek)

Duck Creek Technologies India Llp is the primary company behind Duck Creek. The board of Duck Creek Technologies India Llp currently have 2 directors; the longest-serving is Christopher Ronald Stone, appointed in 2023. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Christopher Ronald Stone
DIN 10281394
Designated Partner18 Oct 20233 yrsDuck Creek Technologies India Llp
Naveen Upadhyay
DIN 11359138
Designated Partner30 Oct 20251 yrDuck Creek Technologies India Llp

People of Duck Creek

257 people are tracked at Duck Creek (89 in leadership, 3 in board & advisors, 165 in team); the tracked headcount is 780.

NameRoleGroup
Elodie Hilderal
Managing Director EMEALeadership
Michael Jackowski
CEOLeadership
Rajesh Agrawal
Senior DirectorLeadership
Chris McCloskey
COOLeadership
Jim Keeley
Director, Solution ConsultingLeadership
Gabe Pinedo
Director, Product & Technology OperationsLeadership
Clark Carpenter
Sales DirectorLeadership
Phil Handy
Senior Sales DirectorLeadership
Marty Livingston
Commercial DirectorLeadership
Sudeep Chatterjee
Country Commercial DirectorLeadership
Jeff L.
National Sales DirectorLeadership
Dennis Dougherty
Senior Director Of MarketingLeadership
Victor Barton
National Sales DirectorLeadership
Skip
Sr. National Sales DirectorLeadership
Michael A. Jackowski
CEOLeadership
Teresa M. Kim
CFOLeadership
Scott A. Jenkins- Mba
Delivery Director / Engagement Lead - Professional ServicesLeadership
Brady Vestal
National Sales DirectorLeadership
Neeraj S.
Director Of Professional Services At Duck Creek TechnologiesLeadership
Michael Pidgeon
National Sales DirectorLeadership

237 more people are available in the full profile.

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Financials of Duck Creek

Figures of Duck Creek Technologies India Llp, the primary company behind Duck Creek, for FY 2021. Revenue was ₹212 Cr (+77% year on year). Net profit was ₹18.02 Cr (8% margin). EBITDA was ₹36.60 Cr (17% margin). Revenue has grown at a compounded annual rate of +34% over three years.

  • ₹212 CrRevenue · FY 2021 · +77% YoY
  • ₹18.02 CrNet profit · 8% margin
  • ₹36.60 CrEBITDA · 17% margin
  • 780Employees (provident fund records)
  • +34%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Duck Creek Technologies India Llp are on its company page.

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Detailed financial statements for Duck Creek

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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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Software suite offered for commercial insurance administration and tracking.
send.technologyLondon, United Kingdom2017Jul 2026β€’β€’β€’β€’
End-to-end loss control software is provided for insurance automation.
riskcontroltech.comNew York, United States2012Oct 2024β€’β€’β€’β€’
Payments solutions for businesses are provided via integrated platforms.
imbursepayments.comZurich, Switzerland2017Jan 2023β€’β€’β€’β€’
Data management and underwriting solutions are provided for P&C insurance.
yodil.comCharlotte, United States2010Jan 2017β€’β€’β€’β€’
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Timeline of Duck Creek

10 dated milestones of Duck Creek across 26 years, from founding to its latest funding, stage changes and deals.

  1. Founded Duck Creek is founded.
  2. Funding First funding round.
  3. Exit Acquired by Apax.
  4. Acquisition Acquires Yodil.
  5. Funding Latest funding round, Series D, of $230.0M.
  6. IPO Lists on the stock exchange (IPO).
  7. Acquisition Acquires Imburse Payments.
  8. Exit Acquired by Vista Equity Partners.
  9. Acquisition Acquires Risk Control Tech.
  10. Acquisition Acquires Send Technology.

Competitors of Duck Creek

Duck Creek has 3 listed competitors in our database, 2 of them funded. They include Guidewire, Bold Penguin and BetterView.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
guidewire.com2001San Mateo, United States3,415
Cloud-based platform for property and casualty insurance is provided.
boldpenguin.com2016Columbus, United States$32.1M210
Software suite is offered for commercial insurance quoting and binding.
betterview.com2004San Francisco, United States$15.55M58
Insurance policy management and risk management solutions for the P&C insurance industry
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Detailed competitors of Duck Creek

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Web traffic of Duck Creek

The website of Duck Creek (duckcreek.com) receives about 49.8K visits a month and ranks #727,432 among all websites worldwide, #5,305 in Real Estate.

  • Monthly visits
    49.8K

    ▲ 32.2% vs previous month

  • Unique visitors
    14.4K

    per month

  • Global rank
    #727,432

    among all websites

  • Category rank
    #5,305

    Business and Consumer Services · Real Estate

Similar websites

Websites whose visitors overlap most with Duck Creek. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
blackduckrealty.com
100%
View details
regpacks.com
81%
28.2K#925,967View details
corcentric.com
80%
217.2K#112,621View details
imagina.com
73%
66.8K#521,481View details
robinwaite.com
73%
#670,957View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Insurance Technology & Support Services

3 companies that operate in the same segment as Duck Creek (Insurance Technology & Support Services) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based platform for property and casualty insurance is provided.
2001San Mateo, California, United StatesUSD 1.48 B226
Claims administration, loss adjusting, and benefits management services are provided.
1969Memphis, Tennessee, United StatesUSD 2.63 M
Online property and casualty insurance is provided for businesses.
2017San Francisco, California, United StatesUSD 800 M699
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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 CEO of Duck Creek, as recorded in our data.

Duck Creek is a funded company, having raised a total of $350M across 3 funding rounds to date.

Duck Creek has 780 employees.

The primary company behind Duck Creek, Duck Creek Technologies India Llp, reported revenue of β‚Ή212 Cr for FY 2021, up 77% year on year.

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 BetterView.

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.

Duck Creek operates through Duck Creek Technologies India Llp.

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