Duco

Acquired

Duco is a data & analytics company in London, United Kingdom, founded in 2010. It has raised $28.0M across 2 rounds, most recently a Private Equity in July 2021.

AI Data Automation for Financial Markets

Headquarters
London
Employees
51–200
Founded
2010
Business Model
B2B
Website
du.co
Total Funding
$28.0M
Last Round
Private EquityJul 2021
Rounds
2

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 2 funding rounds and 4 investors for this company. The full record is or through the API.

About

Duco is an AI-powered data automation company built for financial services firms. Founded by computer science and capital markets experts, Duco developed the industry's first cloud-native, no-code reconciliation solution to break the bad data cycle that has held financial services back for decades. Its platform automates data extraction, classification, transformation, reconciliation, validation, exception management, and publication — handling any data regardless of source or format, including unstructured data such as PDFs and emails. Over 150 financial institutions including 15 tier-one banks rely on Duco to ensure data accuracy, control costs, and maintain operational agility. In 2024, Duco significantly expanded its AI capabilities through the acquisition of Intelligent Document Processing innovator Metamaze. The platform processes billions of lines of data every two days and supports key financial workflows including T+1 settlement reconciliation.

Summary

It lists 51–200 employees. It has raised $28.0M in total across 2 rounds, most recently a Private Equity round in Jul 2021. Investors include Nordic Capital, Insight Partners and Eight Roads Ventures.

Tech & App Stack

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Funding History

Data from Indexed.vcUpdated
Private EquityPrivate EquityJul 2021

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Funding: Growth Equity through Private Equity. Amounts, valuations, and investors where available.

Investors

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