Duvo, a company whose software lets employees and AI agents run business processes together, has raised a $32 million Series A. The round was led by Balderton Capital, “with participation from existing investors Index Ventures, Northzone and Credo Ventures,” Duvo said in a press release on 14 October 2026. It brings the company’s total funding to $48 million. No valuation was disclosed.
Duvo was co-founded by Tomáš Čupr, who also founded the online grocer Rohlik in 2014, according to Tech.eu.
What Duvo does
Duvo calls its product an “Enterprise Execution OS”. Its Duvo Clarity tool first works out how a process really runs, using AI-led interviews with staff, screen recordings and existing documents. Duvo’s agents then carry out the approved steps across a company’s existing systems, such as ERPs, supplier portals, spreadsheets and inboxes. Decisions and exceptions go to the person responsible for them.
The company says it can run different AI models underneath, including open-weight models on dedicated hardware. It says it holds SOC 2 Type II, ISO 27001 and ISO 42001 certifications, and US companies can buy it through Microsoft’s Azure Marketplace.
The new money
Duvo says the round will fund its expansion into the US, “starting with retailers and CPG” (consumer packaged goods) companies. “We’re starting in the U.S. with retailers and consumer goods companies, because that’s the work we know best,” Čupr said. “But the processes we start with, like freight and invoice audit, aren’t unique to retail.”
Duvo’s claims
Duvo says it has unlocked more than $100 million for its clients. These are the company’s own figures. It says that at the online beauty retailer Notino, a quarterly reconciliation of supplier bonuses went from 70 days to 15, and from around 120 specialist hours per cycle to under 10. Tech.eu reports that Duvo’s clients also include Morrisons, Holland & Barrett, Boden and Allegro.
“For a while I measured AI in heads, counting how many people an agent could replace. It’s the wrong unit,” Čupr said.
Gordon MacPherson, Group Productivity Director at Morrisons, said Duvo means “decisions about which repetitive everyday tasks to simplify, redesign and automate can be based on evidence rather than assumptions.”
“Getting AI agents to work reliably across the enterprise remains incredibly difficult,” said Rob Moffat, Partner at Balderton Capital.
The market
Duvo’s release cites Gartner, which projects spending on business orchestration and automation technologies “will exceed $21 billion by 2029”. Gartner also predicts “that more than 40% of agentic AI projects will be canceled by the end of 2027 because of escalating costs, unclear business value or inadequate risk controls.”
What this means
- AI agents are moving into back-office work. Duvo targets everyday tasks like invoice and freight audits.
- Investors back proof, not pilots. Duvo pitches itself on getting AI past the trial stage, which Gartner says many projects fail to do.
- Retail comes first. The US push starts with retailers and consumer goods firms.
Sources
- Duvo press release, “Duvo Raises $32 Million Series A to Become the One Platform Enterprises Run Their Operations On”, PR Newswire, 14 October 2026. https://www.prnewswire.com/news-releases/duvo-raises-32-million-series-a-to-become-the-one-platform-enterprises-run-their-operations-on-302908575.html
- Tech.eu, “From Rohlik to enterprise AI: Tomáš Čupr’s Duvo raises $32M Series A”, 14 October 2026. https://tech.eu/2026/10/14/from-rohlik-to-enterprise-ai-tomas-cuprs-duvo-raises-32m-series-a/
