Duna
Duna is a technology company.
Financial History
Duna has raised $47.5M across 2 funding rounds.
Frequently Asked Questions
How much funding has Duna raised?
Duna has raised $47.5M in total across 2 funding rounds.
Duna is a technology company.
Duna has raised $47.5M across 2 funding rounds.
Duna has raised $47.5M in total across 2 funding rounds.
Duna has raised $47.5M in total across 2 funding rounds.
Duna's investors include CapitalG, Claire Hughes Johnson, David Singleton, Ethan Tandowsky, Frank Slootman, Index Ventures, Mariette Swart, Michael Cocoman, Puzzle Ventures, 10100, AI4ALL, Axiom Partners.
Duna is an Amsterdam-based FinTech startup founded in 2023 that builds an AI-native platform for business onboarding and identity verification.[3][4][6] It serves enterprises like Plaid, Bol, Moss, Sequra, and Brand New Day Bank by solving the problem of slow, manual, and compliance-heavy business KYC processes, which often lead to high drop-off rates and lost revenue.[3][4][5] The platform automates data collection, compliance checks, and workflows—using features like real-time risk scoring, dynamic UIs, smart routing to data providers, and AI-driven audits—resulting in up to 38% higher onboarding conversion rates and 10x faster processes within months.[2][3][4][5] In May 2025, Duna raised €10.7 million in seed funding led by Index Ventures, with backers including Adyen co-founder Pieter van der Does and former Stripe executive Claire Hughes Johnson, fueling its growth toward a global shareable business identity network.[3][5]
Duna was founded in 2023 by David Schreiber and Duco van Lanschot, both early employees at Stripe with prior executive roles at Trade Republic Bank and Fourthline, bringing deep FinTech and identity expertise.[3][5][6] The idea emerged from frustrations with legacy identity systems—still reliant on spreadsheets and manual checks despite AI advancements—causing billions in fraud, friction, and fines, as van Lanschot noted in reference to the 1993 New Yorker cartoon on internet anonymity.[5] Early traction came quickly: the team, including talent from Adyen, Spotify, and Airbnb, built a platform already adopted by major clients like Plaid, where onboarding shifted from a cost center to a revenue driver, per Plaid's VP EMEA Zak Lambert.[3][5] A pivotal moment was the €10.7 million seed round in May 2025, validating their vision and enabling expansion.[3][5]
Duna rides the wave of AI-driven automation in FinTech identity, addressing a core internet unsolved problem amid rising AI agents needing secure business verification.[2][5] Timing is ideal post-2025 funding boom, as regulatory pressures (e.g., AML/KYC) clash with digital transformation, while fragmented global data creates friction—Duna's network unifies this like a business equivalent of personal digital IDs.[2][3][4] Market forces favoring it include exploding enterprise demand for scalable compliance (e.g., Plaid's revenue pivot) and investor enthusiasm from Index Ventures for its Stripe-like pedigree.[3][5] It influences the ecosystem by pioneering shareable B2B identity, potentially reducing industry-wide fraud/fines and enabling AI-orchestrated commerce.[2][5]
Duna is poised to dominate business identity as AI agents proliferate, evolving its platform into the global "digital passport" network with one-click verifications across enterprises.[2][3] Trends like stricter compliance, AI automation, and interoperable data will accelerate this, backed by its battle-tested team and early wins. Its influence could reshape FinTech onboarding from friction to seamless infrastructure, much like Stripe did for payments—watch for Series A expansion into AI-agent integrations and broader adoption by 2027. This positions Duna as a high-momentum bet on identity's next era, streamlining what legacy systems never could.[2][5]
Duna has raised $47.5M across 2 funding rounds. Most recently, it raised $35.5M Series A in February 2026.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 4, 2026 | $35.5M Series A | CapitalG | Claire Hughes Johnson, David Singleton, Ethan Tandowsky, Frank Slootman, Index Ventures, Mariette Swart, Michael Cocoman, Puzzle Ventures |
| May 1, 2025 | $12.0M Seed | 10100, AI4ALL, Axiom Partners, Conviction Partners, Draper Associates, E1 Ventures, First Round Capital, FORWARD.one, Gradient Ventures, Graduate Entrepreneur, Index Ventures, Madrona Ventures, Jonathan Golden, Next47, Kazuma Ieiri, OpenCapital.vc, Operator Collective, Radical Ventures, Runa Capital, Stash Ventures, Summit Partners, Y Combinator, Akshay Kothari, Alexandre Prot, Amjad Masad, Bastian Nominacher, Claire Hughes Johnson, Dharmesh Shah, Gloria Baeuerlein, Guillaume Princen, Hanno Renner, Jared Leto, Jean Charles Samuelian, Job Van Der Voort, Mathilde Collin, Michael Wax, Oliver Cameron, Sergei Anikin, Steve Anavi |