Duvo Raises $32 Million Series A for Expansion of Enterprise Execution OS Platform
Duvo has raised a $32 million Series A funding round led by Balderton Capital, bringing its total funding to $48 million. The capital will support the company's expansion into the U.S., focusing on retail and consumer goods sectors. Duvo offers an 'Enterprise Execution OS' that integrates AI agents with human workers across existing systems like ERPs and supplier portals, aiming to streamline operations without requiring major system overhauls. The platform uses AI-led discovery interviews and screen recordings to map out processes and automate approved steps through APIs or direct user interfaces. This approach allows companies to recover value lost in fragmented workflows by consolidating automation onto a single platform. Gartner forecasts significant growth in business orchestration spending, but also highlights challenges with agentic AI projects due to cost overruns and unclear ROI. Duvo's co-founder Tomáš Čupr emphasizes the goal of increasing employee productivity rather than replacing staff. The company has already delivered value exceeding $100 million for clients across multiple departments including finance, supply chain, and customer care.
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Topics: AI Enterprise Software Expansion Fintech