Duco Technology
Latest round
- Series B
Last raised
- Jan 2018
Total raised
- $29M
Investors
- 5
About Duco Technology
Based in London, UK, and founded in 2010 by its CEO Christian Nentwich, Duco Technology Limited operates as a data engineering technology company that offers system-as-a-software solutions in the cloud to insurance, financial services, and fintech companies. The firm has 140 employees across the UK, US, Poland, and Singapore as of 2021. Duco Technology develops a machine learning platform called Duco, that allows financial institutions to manage large data. Duco platform offers reconciliations and data preparation solutions that are used by its client's front office, middle and back offices to exchange-traded derivatives and to perform operations such as over-the-counter clearing, collateral, spreadsheet replacement, regulatory data integrity, interbank offered rates transition, broker and custody reconciliation, claims, payments, intersystem reconciliation, schedule D reports, fintech and payments, payment matching, exchange to blockchain reconciliation, and Nostro and Vostro accounts. As of 2021, the software comes in three editions: IGNITE for small businesses (10 users), TEAM for business up to 75 users and ENTERPRISE for large-scale enterprises.74 million in March 2020. Following its acquisition by Nordic Capital, Duco Technology Limited plans to accelerate and strengthen its business strategy with both organic and acquisition growth, increase its international footprint, and expand its product offering and employee growth.
Who invested in Duco Technology
5 investors across 2 rounds
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Questions about Duco Technology
Who invested in Duco Technology?
Duco Technology has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Duco Technology raised?
Duco Technology has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Duco Technology last raise money?
Duco Technology's most recent round on record is a Series B, in Jan 2018.
What does Duco Technology do?
Based in London, UK, and founded in 2010 by its CEO Christian Nentwich, Duco Technology Limited operates as a data engineering technology company that offers system-as-a-software solutions in the cloud to insurance, financial services, and fintech companies.
Where is Duco Technology headquartered?
Duco Technology is headquartered in London, UK.
Which VCs invest in companies like Duco Technology?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Duco Technology's stage. Their profiles are linked below.
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