Duna, Built by Stripe Veterans, Raises €30m to Solve Business Identity For The Internet
QUICK TAKE
- Index has doubled down on its support for Duna, the AI-native business identity platform – joining their €30 million Series A after leading their €10.7 million seed
- Duna’s mission is to build global trust infrastructure by providing a digital passport for every business, evolving over time into a network for shareable identity and one-click onboarding
- The company was founded in 2023 by Stripe alumni Duco van Lanschot (former head of Benelux and DACH) and David Schreiber (who ran Stripe’s largest global business unit, including the core payments platform)
- Compliance and identity consume 10-20% of a bank’s total costs; by contrast, Duna delivers 10.6x faster onboarding and 4.8x productivity gains by automating processes including KYC, KYB, CDD and AML
INDEX PERSPECTIVE
The missing map: why Duna is building the “corporate graph”
By Jan Hammer, Partner
We live in the world of the “social graph”: the map of who knows whom, and how we’re all connected. It relies on being able to accurately identify individuals and their relationships, and is the basis for how algorithms have learned to spot fraud, serve up content tailored to our interests, and improve the experience of the products we use every day.
Strangely, there’s no equivalent network for companies – which makes global commerce much more painful and manual than it needs to be. Enterprises waste huge amounts of time exchanging documents to prove who they are – and assuring themselves of their counterparties – before they can do something as basic as open a bank account, onboard a customer, or show they’ve complied with local laws. To avoid falling foul of bad actors on one side and regulators on the other, businesses face an unappetizing choice between employing an army of human reviewers, or taking dangerous shortcuts.
This is the big problem Duna has set out to solve, which is why we’re thrilled to be backing them again as part of their latest €30 million funding round. Like fintech pioneers Adyen and Stripe, Duna’s ambitions go far beyond eking out efficiencies and driving down costs. Rather, they’re on a mission to redefine business identity as a whole, and create the “corporate graph” of the world economy.
Starting with compliance and onboarding, Duna is building a network that lets businesses share and verify identity with a single click, using a digital passport for every company. Ultimately, this new global trust layer will transform the speed and confidence with which companies can transact and interact around the world. Right now, Duna’s platform is already unlocking completely new ways for businesses to work together and grow their revenues – for example, automating time-consuming KYC, KYB and AML processes with agentic AI, and increasing conversion by an average of 37 percent for customers.
While existing players are stuck optimizing broken workflows, Duna is using AI to rethink identity from the ground up. The first step involves gathering evidence: what public and private data-points can establish a reusable company ID? The second piece is about creating an engine that automatically and continuously evaluates and assesses all this data. Finally comes the network, showing the dynamic, shifting relationships between businesses – which means, for example, you can get realtime updates about what’s happening among your counterparties, rather than relying on a snapshot from a single point in time.
Led by the superstar ex-Stripe team of David and Duco, Duna is taking an extremely thorough and technically robust approach to creating the infrastructure that will power the next generation of commerce and finance. Legions of smart and sophisticated enterprises are betting on that future, with the likes of Plaid, CCV/Fiserv, Moss and SVEA Bank entrusting high volumes to the platform – and enjoying 10x faster onboarding and nearly 5x productivity gains as a result. We know what the social graph has done for consumers. Duna is going to be just as transformative for how companies do business.
THE DETAILS
Duna’s latest €30 million Series A funding is a sign of the momentum building behind business identity as a category – and the calibre of the team tackling it. Building a portable business passport seemed an obvious opportunity for Duna’s founders Duco Van Lanschot and David Schreiber, who’d dealt with the headache of onboarding and verifying businesses while working together to scale Stripe across Europe.
“Duna is addressing one of the internet’s biggest unsolved problems: identity,” says Duco. “Compliance and identity now consume up to 10-20% of a bank’s total costs. The expensive and manual legacy systems lead to billions lost in fraud, friction, and fines, as well as lost income from refusals of legitimate customers. This makes it an ideal use case for AI automation.”
“The need for a secure business identity has never been more urgent: AI has many benefits, but it also enables an acceleration in the velocity and sophistication of fraud. Duna will help companies root out this fraud,” added David. “We are turning a decades-old compliance cost center into a core revenue driver.”
“We have seen strong traction with leading enterprise customers,” continues Duco. “The funding will be used to further expand our enterprise capabilities with compliant, auditable AI, while maintaining the high regulatory standards required by banks and large enterprises.”
Duna’s mission is to build global trust infrastructure by providing a digital passport for every business. Over time, this will evolve into a network for shareable identity and one-click onboarding. Today Duna’s AI-native business identity platform serves large banks, fintechs, platforms and financial institutions, who report 10.6x faster onboarding and 4.8x productivity gains.
Published — Feb. 5, 2026
