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Duvo, an AI platform for enterprise process automation, raises $32M Series A led by Balderton Capital. The company helps retailers and consumer goods firms automate complex business processes.
Amount Raised
$32 Million
Round Type
Series A
PragueSoftwareArtificial IntelligenceInvestors
Description
Duvo, founded by Tomáš Čupr, has secured $32 million in Series A funding to expand its AI platform that captures and automates enterprise work processes. The platform has already helped clients unlock over $100 million in value across finance, supply chain, and customer care operations. Notable customers include Notino and Morrisons, which have seen dramatic efficiency improvements in areas like supplier bonus reconciliation and process automation. Duvo plans to expand globally, starting with the US retail and consumer goods sectors.
Fundz sees it the moment Duvo.ai raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
What this usually meansDuvo.ai raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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