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
- Email ID
- *****@du.co
- Phone Number
- +44 **********
Key Metrics
Founded Year
2010
Location
London, United Kingdom
Stage
Acquired
Total Funding
$35.3M in 3 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jun 14, 2019
Ranked
1st among 15 active competitors
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)
Legal entities associated with Duco
Duco is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
DUCO, INC. CIN: 760495554 , United States, Active | Dec 31, 1999 | - | 137 (As on Dec 31, 2016) | - |
DUCO TECHNOLOGY LIMITED CIN: 5686389 , Germany, Active | Jan 23, 2006 | £10M - £50M (As on Mar 31, 2024) | - |
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 |
View details of Duco's funding rounds and investors
Duco's founders and board of directors
Founder? Claim ProfileThe founders of Duco is Michael Anthony Marconi.
Here are the details of Duco's key team members:
- Michael Anthony Marconi: Former Co-Founder of Duco.
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 |
View details of Duco's Founder profiles and Board Members
Duco's employee count trend
Duco has 238 employees as of Sep 26. Here is Duco's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Duco 2010, London (United Kingdom), Acquired | SAAS reconciliation solution for financial services firms | $35.3M | 66/100 | |
2nd | AutoRek 1994, Glasgow (United Kingdom), Funding Raised | Account reconciliations and regulatory reporting solutions | - | 53/100 | |
3rd | Digital Reasoning 2000, Franklin (United States), Acqui-Hired | AI-based consumer behavior analysis for banks and financial institutions | $153M | 42/100 | |
4th | Solidatus 2017, London (United Kingdom), Series A | Cloud-based platform for enterprise data management | $19.4M | 40/100 | |
5th | Photon 2020, San Francisco (United States), Funding Raised | API-enabled real-time payment solution for businesses | - | 37/100 | |
6th | Aurum 2004, Reading (United Kingdom), Unfunded | Provider of reconciliation software automating financial data imports and matching | - | - | 35/100 |
7th | Modfin 2015, London (United Kingdom), Unfunded | Cloud-based financial transaction management solution for businesses | - | - | 33/100 |
8th | Smart Concil 2017, Mexico City (Mexico), Seed | Web-based accounts reconciliation software for businesses | $500K | 30/100 | |
9th | Statement Matching 2013, Corby (United Kingdom), Unfunded | Automated Supplier Statement Reconciliation Software | - | - | 27/100 |
10th | Psicle 2014, London (United Kingdom), Unfunded | Data warehouse solutions for financial institutions | - | - | 24/100 |
Looking for more details on Duco's competitors? Click here to see the top ones
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
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.
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Phoenix partners with Duco to modernize reconciliation infrastructureFinextra•Dec 16, 2025•Duco, Phoenix Group
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Duco Acquires Nurdle AI, Appoints Jeremy Micley as CEO to Operationalize AI SafetyAiThority•Dec 10, 2025•Nurdle, Duco
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Duco introduces agentic workspace; a new collaboration layer for intelligent operationsBusiness Wire•Nov 19, 2025•Duco
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Duco Introduces Agentic Rule Builder for Automated Rule CreationAsset Servicing Times•Sep 29, 2025•Duco
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