About Duco
Duco is a company based in London (United Kingdom) founded in 2010 by Michael Anthony Marconi was acquired by Nordic Capital in July 2021. It operates as a SaaS (Software-as-a-Service), Managed Services, and FinTech. Duco has raised $35.29 million across 3 funding rounds from investors including Alibaba.com, CME Group and Eight Roads Ventures. Duco has completed 1 acquisition, including Metamaze. Duco offers products and services including Duco Platform, Reconciliation Solution, and Adaptive IDP. Duco operates in a competitive market with competitors including FiscalNote, Wolters Kluwer, Eqs, Behavox and Smarsh, among others.
- Headquarter London, United Kingdom
- Founders Michael Anthony Marconi
- Stage Minicorn
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Sectors
Financial ServicesTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Duco Technology
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Annual Revenue
$15.53 M (USD)36as on Mar 31, 2021
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$35.29 M (USD)
in 3 rounds
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Latest Funding Round
$28 M (USD), Series C
Jan 29, 2018
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Investors
Alibaba.com
& 9 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
Nordic Capital
(Jul 15, 2021)
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Products & Services of Duco
Duco offers a comprehensive portfolio of products and services, including Duco Platform, Reconciliation Solution, and Adaptive IDP.
Data automation platform for financial data processing tasks.
Reconciliation tool for financial data accuracy and compliance.
Adaptive IDP for intelligent document processing and automation.
People of Duco
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Funding Insights of Duco
Duco has successfully raised a total of $35.29M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $28 million completed in January 2018. 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 Duco
Duco has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Alibaba.com, CME Group and Eight Roads Ventures.
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Investment firm scaling software and technology companies from early to late stages.
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Venture capital investment and global platform support for startups.
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VC firm investing in early-stage fintech startups
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Investor details for Duco
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Investments & Acquisitions by Duco
Duco has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Metamaze.
Investment portfolio details for Duco
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Document processing is automated using AI-based software for enterprises.
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Complete acquisition details for Duco
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Financial Statements - Duco
Detailed financials for Duco
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Duco Comparisons
Peer comparison for Duco
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Competitors of Duco
Duco 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 FiscalNote, Wolters Kluwer, Eqs, Behavox and Smarsh, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI-driven legal, regulatory, and policy data analysis is delivered.
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Enterprise legal processes are managed via an AI-powered platform.
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Compliance workflows for businesses are streamlined by Eq s platform.
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AI-driven compliance and risk management solutions are provided for enterprises.
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Compliance management solutions for financial institutions' communications are provided.
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Accounts reconciliation solutions
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Detailed competitors of Duco
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Latest news on Duco
Complete news archive for Duco
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Frequently Asked Questions about Duco
Duco was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Duco is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Duco is a funded company, having raised a total of $35.29M across 3 funding rounds to date.
Annual revenue of Duco is $15.53M as on Mar 31, 2021.
Duco is recognized for providing AI-powered data automation software tailored for financial markets. Solutions are offered across sectors like capital markets, insurance, payments, fintech, and crypto. The platform is designed to automate the processing of structured and unstructured data throughout its lifecycle, including extraction, transformation, reconciliation, and validation. Services are extended to address use cases such as cash transaction reporting, regulatory compliance, ETD clearing, OTC confirmations, custody, and crypto controls. Operational efficiency is enhanced by enabling business users to automate tasks without coding, reducing time spent on manual data processes. Legacy system costs are minimized through consolidation and automation on a cloud-based, scalable platform.
Duco's top competitors include Behavox, Wolters Kluwer and Secureframe.
Duco offers Duco Platform, Reconciliation Solution, and Adaptive IDP.
Duco has made 1 acquisition, including Metamaze.
Duco has 10 investors. Key investors include Alibaba.com, CME Group, Eight Roads Ventures, Nex, and Insight Partners.
The valuation of Duco is $64.44M as of Jan 2018.