Duco is a leading provider of AI-powered data automation to global financial institutions. Its cloud-native, no-code platform enables operations teams to automate complex data processes while maintaining the controls required in regulated financial environments.
Company background
- Duco addresses mission-critical data management challenges through a cloud-native, no-code Software as a Service (SaaS) platform spanning data preparation, reconciliation, exception management and data quality.
- Trusted by over 200 customers, including a significant share of the world's top 20 banks, across banks, asset managers, asset servicers and alternative asset managers.
Vision & outlook
- Support Duco's mission to “make managing data easy” and broaden automation across mission-critical financial operations.
- Accelerate investment in AI-powered and agentic capabilities that help financial institutions strengthen operational controls, improve data quality and increase efficiency.
Highlights & updates
- In 2023, initiated a climate program to reduce, recapture and invest in nascent CO2 removal technologies.
- Acquired Metamaze in February 2024, enabling a broader data automation offering.
- Strategic partnership with CIBC Mellon, leveraging Duco technology to enhance enterprise data automation.
- Expanded the platform with agentic AI capabilities, including AI-assisted rule creation and automated document processing, as part of its shift towards agentic operations for financial services.
- In March 2026, Founder Christian Nentwich returned as CEO to lead Duco’s next phase of AI-driven growth.
- In May 2026, unveiled Agentic Workspace, its agentic operations platform for financial services, bringing autonomous agents together with Duco’s established reconciliation, data preparation, exception management and audit capabilities.
SECTOR
Technology & Payments
REVENUES 2025
EUR 40 million
EMPLOYEES
215
OWNERSHIP
Fund X
INVESTMENT DATE
2021
HEAD OFFICE
London, United Kingdom