Rohlik founder’s Duvo raises $32M from Balderton to stop enterprise AI stalling at the pilot

Tomáš Čupr has raised $32 million for Duvo, his enterprise AI startup, in a Series A led by Balderton Capital. The round comes just 10 months after a $15 million seed and pushes total funding to $48 million, with Index Ventures, Northzone and Credo Ventures also joining again.

Čupr’s pitch has shifted. He says he used to measure AI by how many jobs it could replace, and now calls that the wrong way to think about it. His new argument is that AI should make the same team more productive, not simply smaller. That change in tone lines up with a broader problem the market still hasn’t solved: Gartner says more than 40% of agentic AI projects will be cancelled by the end of 2027.

Duvo is betting that the failure point is not the model but the workflow. The company describes its product as an Enterprise Execution OS, with Duvo Clarity used to map work through interviews, screen recordings and document analysis before agents start carrying out approved steps across ERPs, supplier portals, spreadsheets and inboxes. When APIs exist, it uses them. When they don’t, it falls back to user interfaces. Decisions and exceptions are pushed back to the right owners, which is the part most pilots never seem to get right.

The company is starting in the US with retailers and consumer goods producers, a market Čupr says fits the work Duvo knows best. He also says the same approach should travel beyond retail, pointing to tasks like freight and invoice audit. Duvo cites Notino as an example: the online beauty retailer says its quarterly reconciliation of about $45 million in annual supplier bonuses fell from 70 days to 15, while specialist time per cycle dropped from about 120 hours to under 10.

There is a familiar founder story underneath all this. Čupr built Rohlik in 2014, took it to unicorn status in 2021 and previously founded Slevomat and Dáme jídlo, which Delivery Hero bought in 2014. He is still keeping a role at Rohlik so Duvo can use it as a testing ground. Investors are clearly buying the operating history as much as the software, even if Duvo has not disclosed valuation, revenue or annual recurring revenue.