CapitalG Invests €30 Million in Duna to Enhance Identity Solutions

On February 5, 2026, Duna, a fintech startup specializing in identity solutions, revealed that it has secured €30 million in a Series A funding round led by CapitalG, Alphabet’s independent growth fund. Existing investors Index Ventures and Puzzle Ventures also participated in this round. The funding will enable Duna to enhance its AI-native business identity platform, which currently serves large banks, fintechs, and financial institutions.

Duna was founded in 2023 by Duco Van Lanschot and David Schreiber, both former executives at Stripe. Van Lanschot previously led operations in the Benelux and DACH regions at Stripe, while Schreiber managed the company’s largest global business unit. The latest funding round brings Duna’s total funding to over €40 million, following a €10.7 million Seed Round in May 2025.

The company aims to build a global trust infrastructure by providing a digital passport for every business, evolving into a network for shareable identity and one-click onboarding. Duna’s platform has demonstrated significant efficiency gains, with clients reporting 10.6 times faster onboarding and 4.8 times productivity improvements.

“Duna is addressing one of the internet’s biggest unsolved problems: identity,” said Duco Van Lanschot, co-founder of Duna. He emphasized that compliance and identity verification currently consume up to 20% of a bank’s total costs, leading to billions lost in fraud and inefficiencies. “This makes it an ideal use case for AI automation,” he added.

David Schreiber, co-founder, noted the urgency for secure business identities, especially as AI technologies can accelerate fraud risks. “We are turning a decades-old compliance cost center into a core revenue driver,” he stated.

CapitalG’s investment is expected to enhance Duna’s capabilities in compliant, auditable AI, while maintaining the high regulatory standards required by banks and large enterprises. Alex Nichols, General Partner at CapitalG, remarked, “Duna is building the internet’s missing ‘one click’ identity network,” highlighting the need to streamline the often cumbersome process of document exchanges in B2B relationships.

As Duna continues to grow, the funding will also facilitate the integration of its technology into CapitalG’s existing portfolio, potentially leading to new identity verification products and enhanced operational efficiencies. The acquisition positions CapitalG to strengthen its foothold in the identity verification market, particularly in Europe.

Looking ahead, Duna plans to leverage this funding to expand its enterprise capabilities and further develop its innovative identity solutions, addressing the growing demand for secure and efficient identity verification in the financial services sector.