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Duco - About the company

Duco is an acquired company based in London (United Kingdom), founded in 2010 by Michael Anthony Marconi. It operates as a SAAS reconciliation solution for financial services firms. Duco has raised $35.3M in funding from investors like CME Group, Insight Partners and Eight Roads Ventures, with last known valuation of $*****. The company has 15 active competitors, including 3 funded and 1 that has exited. Its top competitors include companies like AutoRek, Digital Reasoning and Solidatus.

Company Details

SAAS reconciliation solution for financial services firms. It enables financial services firms to control complex data using light touch, self service technology. Its flagship product is a SAAS product that can be used to analyze complex data for financial services firms. It helps in building efficient operations with customers on the sell side, buy side and major service providers. It provides interfaces that enable non technical users to deal with masses of data in minutes.
Website
du.co
Social
X
Email ID
*****@du.co
Phone Number
+44 **********
Key Metrics
Founded Year
2010
Location
Stage
Acquired
Total Funding
$35.3M in 3 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jun 14, 2019
Investors
Ranked
Annual Revenue
£10M - £50M as on Mar 31, 2024
Employee Count
238 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Nordic Capital (Jul 15, 2021)

Duco's acquisition details

Duco got acquired by Nordic Capital on Jul 15, 2021.
Click here to take a look at Duco's acquisition in detail
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Duco's funding and investors

Duco has raised a total funding of $35.3M over 3 rounds. Its first funding round was on Dec 05, 2012. Its latest funding round was a Series C round on Jan 29, 2018 for $*****. 7 investors participated in its latest round. Duco has 9 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Duco:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 29, 2018
6121006
Series C
8845629
2771058
4982828
1300216
Sep 21, 2015
2049852
Series B
1043547
3847573
8197773
Dec 05, 2012
5862270
Series A
2455639
3914303
8422559
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Duco's founders and board of directors

Founder? Claim Profile
The founders of Duco is Michael Anthony Marconi.
Here are the details of Duco's key team members:

Duco's Board of Directors

Duco's board has 2 active members. Danielle Elizabeth Price and Christian Nentwich are part of team.
Here is the list of Duco's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
20y 9m
jwy{rcz
Team
-
Current
5y 5m

Duco's employee count trend

Duco has 238 employees as of Sep 26. Here is Duco's employee count trend over the years:
Employee count trend for Duco
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Duco's Competitors and alternates

Top competitors of Duco include AutoRek, Digital Reasoning and Solidatus. Here is the list of Top 10 competitors of Duco, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Duco
Duco
2010, London (United Kingdom), Acquired
SAAS reconciliation solution for financial services firms
$35.3M
66/100
2nd
Logo for AutoRek
AutoRek
1994, Glasgow (United Kingdom), Funding Raised
Account reconciliations and regulatory reporting solutions
-
53/100
3rd
Logo for Digital Reasoning
Digital Reasoning
2000, Franklin (United States), Acqui-Hired
AI-based consumer behavior analysis for banks and financial institutions
$153M
42/100
4th
Logo for Solidatus
Solidatus
2017, London (United Kingdom), Series A
Cloud-based platform for enterprise data management
$19.4M
40/100
5th
Logo for Photon
Photon
2020, San Francisco (United States), Funding Raised
API-enabled real-time payment solution for businesses
-
37/100
6th
Logo for Aurum
Aurum
2004, Reading (United Kingdom), Unfunded
Provider of reconciliation software automating financial data imports and matching
-
-
35/100
7th
Logo for Modfin
Modfin
2015, London (United Kingdom), Unfunded
Cloud-based financial transaction management solution for businesses
-
-
33/100
8th
Logo for Smart Concil
Smart Concil
2017, Mexico City (Mexico), Seed
Web-based accounts reconciliation software for businesses
$500K
30/100
9th
Logo for Statement Matching
Statement Matching
2013, Corby (United Kingdom), Unfunded
Automated Supplier Statement Reconciliation Software
-
-
27/100
10th
Logo for Psicle
Psicle
2014, London (United Kingdom), Unfunded
Data warehouse solutions for financial institutions
-
-
24/100
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Looking for more details on Duco's competitors? Click here to see the top ones

Duco's Latest cap tables and shareholding

Founders (largest shareholder) own 0.00%, Funds own 0.00% and Angels own 0.00%.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
-
13M
0
0
0
0
Fund
-
50.6M
0
0
0
0
0
0
0
0
0
0
Angel
-
1.51M
0
0
0
0
0
0
0
0
0
0
Total
-
6.51Cr
0
0
0
0
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Duco's Shareholding

Duco's Investments and acquisitions

Duco has acquired Metamaze. Duco has not made any investments as of now.

Reports related to Duco

Here is the latest report on Duco's sector:

News related to Duco

lockFilter this list
Media has covered Duco for a total of 5 events in the last 1 year, 3 of them have been about company updates and 1 about partnerships.
•
Duco launches Agentic maturity modelAsset Servicing Times•Jul 01, 2026•Duco
•
Duco Introduces Agentic Rule Builder for Automated Rule CreationAsset Servicing Times•Sep 29, 2025•Duco
•
Duco Launches Next-Gen AI Automation at SIBOSBusiness Wire•Sep 29, 2025•Duco
•
Duco Appoints Anthony Northam as Chief Operating OfficerAsset Servicing Times•Jun 17, 2025•Duco
•
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