Duvo raises $32 million Series A led by Balderton
Duvo, the Czech startup that builds an “Enterprise Execution OS” to automate business processes across ERPs, spreadsheets and legacy apps, announced a $32 million Series A round led by Balderton Capital. Existing backers Index Ventures, Northzone and Credo Ventures also participated, bringing the company’s total funding to $48 million. The cash will fund Duvo’s U.S. expansion, initially…
Key points
- Duvo raised $32 million Series A, led by Balderton Capital, total funding now $48 million
- Duvo’s AI agents map undocumented workflows and automate them across enterprise systems
- Clients report over $100 million value, e.g., Notino cut a 70‑day process to 15 days
The platform uses AI agents to interview employees, map undocumented workflows and then execute those processes via APIs or screen‑based interactions. Duvo says it can compress the months‑long discovery work traditionally done by consultancies such as McKinsey or Deloitte into a few weeks, and then automate the resulting steps. The firm has already unlocked more than $100 million in value for clients like Morrisons, Holland & Barrett and Notino, where a supplier‑bonus reconciliation was cut from 70 days to 15.
Duvo runs Anthropic models but also offers private GPU infrastructure for open‑weight models, a point the founder Tomáš Čupr stresses is crucial for European firms wary of sending sensitive data to external providers. The company now partners with Deloitte Central Europe and has hired former Databricks and Salesforce exec Michael Green to lead its U.S. go‑to‑market effort.
Duvo, which develops tech to automate business processes across enterprise systems, including ERPs and legacy apps, raised a $32M Series A led by Balderton
pathfounders.com · 17 October 2026
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