Duvo Raises USD 15 Million Seed Funding

Duvo raised USD 15 million in a seed round. Index Ventures led the investment. Credo Ventures, Northzone, and Puzzle Ventures also joined, along with some angels.

Funding details: USD 15 million (Seed)

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Duvo raised USD 15 million in a seed round.

Index Ventures led the round. Credo Ventures, Northzone, and Puzzle Ventures took part too. A few angels joined, including Roy Reznik, David Singleton, Ajay Kavan, and Kieran Flanagan.

The company makes an AI platform that automates day-to-day operations for retail teams. It works across tools retailers already use, like SAP, supplier portals, emails, and spreadsheets.

The money will go toward hiring, building more product features, and reaching more large retail customers. They also plan to expand into other complex industries later.

Tomas Čupr, the CEO and co-founder, said retail teams often spend hours moving data between old systems and portals. He said Duvo lets business users set up AI agents themselves in weeks, without big IT projects. The funding will help them move faster and serve more enterprises.

Jan Hammer from Index Ventures said most AI tools are general, but Duvo is built just for retail using the founders’ years of experience in the industry.

Duvo is an AI-native automation platform for retail operations. It helps commercial, supply chain, and finance teams in large retail and consumer goods companies cut manual work. The company is based in the United States.

Source:- Duvo’s announcement.