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
-
Sectors
Financial ServicesTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Duco Technology
-
Annual Revenue
$15.53 M (USD)36as on Mar 31, 2021
-
Net Profit
-
EBITDA
-
Total Equity Funding
$35.29 M (USD)
in 3 rounds
-
Latest Funding Round
$28 M (USD), Series C
Jan 29, 2018
-
Investors
Alibaba.com
& 9 more
-
Employee Count
Employee Count
- Investments & Acquisitions
-
Acquired by
Nordic Capital
(Jul 15, 2021)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Duco
Duco offers a comprehensive portfolio of products and services, including Duco Platform, Reconciliation Solution, and Adaptive IDP. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Data automation platform for financial data processing tasks.
Reconciliation tool for financial data accuracy and compliance.
Adaptive IDP for intelligent document processing and automation.
Unlock access to complete
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series C — $28.0M
-
First Round
First Round
(05 Dec 2012)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Series C - Duco | Valuation | Insight Partners , Eight Roads Ventures | |
| Sep, 2015 | Amount | Series B - Duco | Valuation | CME Group | |
| Dec, 2012 | Amount | Series A - Duco | Valuation | CME Group |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investment firm scaling software and technology companies from early to late stages.
|
Founded Year | Domain | Location | |
|
Venture capital investment and global platform support for startups.
|
Founded Year | Domain | Location | |
|
VC firm investing in early-stage fintech startups
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Duco
Duco has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Metamaze. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Document processing is automated using AI-based software for enterprises.
|
2020 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Duco
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Duco Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-driven legal, regulatory, and policy data analysis is delivered.
|
|
| domain | founded_year | HQ Location |
Enterprise legal processes are managed via an AI-powered platform.
|
|
| domain | founded_year | HQ Location |
Compliance workflows for businesses are streamlined by Eq s platform.
|
|
| domain | founded_year | HQ Location |
AI-driven compliance and risk management solutions are provided for enterprises.
|
|
| domain | founded_year | HQ Location |
Compliance management solutions for financial institutions' communications are provided.
|
|
| domain | founded_year | HQ Location |
Accounts reconciliation solutions
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Duco
Frequently Asked Questions about Duco
When was Duco founded?
Duco was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Where is Duco located?
Duco is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Duco a funded company?
Duco is a funded company, having raised a total of $35.29M across 3 funding rounds to date. The company's 1st funding round was a Series A of $1.99M, raised on Dec 05, 2012.
What is the annual revenue of Duco?
Annual revenue of Duco is $15.53M as on Mar 31, 2021.
What does Duco do?
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.
Who are the top competitors of Duco?
Duco's top competitors include Behavox, Wolters Kluwer and Secureframe.
What products or services does Duco offer?
Duco offers Duco Platform, Reconciliation Solution, and Adaptive IDP.
How many acquisitions has Duco made?
Duco has made 1 acquisition, including Metamaze.
Who are Duco's investors?
Duco has 10 investors. Key investors include Alibaba.com, CME Group, Eight Roads Ventures, Nex, and Insight Partners.
What is Duco's valuation?
The valuation of Duco is $64.44M as of Jan 2018.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.