Duvo Raises $32 Million to Expand Enterprise AI Automation
Duvo Raises $32 Million to Accelerate Enterprise Expansion Duvo has raised $32 million in Series A funding to accelerate its enterprise AI automation strategy. Balderton Capital led the round, with The post Duvo Raises $32 Million to Expand Enterprise AI Automation appeared first on Ventureburn .
Prague-based artificial intelligence automation firm Duvo has raised $32 million in Series A funding to expand its enterprise solutions. The investment, led by Balderton Capital with participation from Index Ventures, Northzone, and Credo Ventures, brings Duvo's total funding to $48 million.
The company, founded by Tomáš Čupr, offers an Enterprise Execution OS that unifies platforms for overseeing execution processes, approval workflows, and quantifiable outcomes. Duvo's AI agents identify how employees perform tasks and automate approved processes across systems like ERP, supplier portals, spreadsheets, and inboxes. When connections don't exist, agents operate through familiar software interfaces.
Duvo's platform routes decisions and exceptions to appropriate employees and provides operating dashboards for pending approvals and completed work. This structure allows organizations to retain control over sensitive decisions while automating repetitive activities. The company targets American retailers and consumer goods companies, with recent partnerships with brands like Morrisons, Holland & Barrett, and Boden.
Michael Green and Spencer Insolia have joined Duvo as Chief Commercial Officer and Managing Director for the US, respectively. Notino, a major European online beauty retailer, serves as a reported example of Duvo's automated workflows streamlining complex processes involving suppliers, stock, finance, and customers.
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