How Duna is Redefining Business Identity for the Internet

Duna, the AI-native platform that accelerates business onboarding, automates manual work, and grows revenue, led by David Schreiber and Duco van Lanschot, has announced a €30 Million Series A funding round led by CapitalG, Alphabet’s independent growth fund. Existing investors Index Ventures, Puzzle Ventures, and Snowflake Chairman Frank Slootman also participated in the round. 

Founded in 2023 and based in Germany and the Netherlands, the company was started by former Stripe executives Duco Van Lanschot and David Schreiber. After a €10.7m seed round led by Index Ventures in May 2025, the latest raise brings Duna’s total funding to over €40m.

Duna is building a digital passport for businesses to enable global, shareable identity and faster onboarding. Its AI-native platform serves banks and enterprises like Plaid and Fiserv, delivering over 10× faster onboarding and major productivity gains.

Duna founder Duco van Lanschot says identity remains one of the internet’s biggest unsolved problems, with compliance consuming 10–20% of bank costs. Manual legacy systems drive fraud, fines, friction, and lost revenue, making identity and compliance a prime target for AI automation.

Duna founder David Schreiber said the rise of AI has increased both the scale and sophistication of fraud, making secure business identity critical. Duna aims to combat this shift while transforming compliance from a cost center into a revenue driver.

Van Lanschot said strong enterprise traction is driving the next phase of growth, with funding focused on expanding compliant, auditable AI capabilities while maintaining the regulatory standards required by banks and large enterprises.

Alex Nichols of CapitalG said Duna is building the internet’s missing one-click business identity network, eliminating the manual document exchange that acts as a hidden tax on the B2B economy. He highlighted the founders’ deep Stripe experience and leadership as key strengths for executing this ambitious vision.