Duck Creek Technologies

Develops industry-specific software that help insurance carriers to deploy and manage their products and services.

Launch date

2000

Employees

1001-5000 people

Market cap

Enterprise valuation

$2.3b (Public information from Apr 2023)

Company register number 10124977

Boston Massachusetts (HQ)

https://www.duckcreek.com/

https://twitter.com/duckcreektech https://www.linkedin.com/company/duck-creek-technologies https://apps.apple.com/app/id1100392765

Revenues, earnings & profits over time

EUR	2019	2020	2021	2022	2023
Revenues	155m	193m	236m	275m	316m
% growth	-	24 %	23 %	16 %	15 %
EBITDA	-	10.0m	14.5m	17.3m	25.5m
% EBITDA margin	-	5 %	6 %	6 %	8 %
Profit	(14.5m)	(26.4m)	(14.5m)	(14.5m)	(15.5m)
% profit margin	(9 %)	(14 %)	(6 %)	(5 %)	(5 %)
EV / revenue	-	22.2x	22.2x	8.6x	-
EV / EBITDA	-	427.8x	360.3x	135.8x	-

Date	Investors	Amount	Round
May 2005	Pequot Capital Management	$7.0m	Series A
Jan 2011	Accenture	N/A	Acquisition
Aug 2016	Apax Partners	N/A	Buyout
Dec 2019	Insight Partners Temasek Dragoneer Investment Group Neuberger Berman Group	$120m	Growth Equity VC
Jun 2020	Whale Rock Capital Management Kayne Anderson Rudnick	$230m	Growth Equity VC
Aug 2020	N/A	$405m Valuation: $3.5b 20.5x EV/LTM Revenues	IPO
Nov 2020*	N/A	$328m	Secondary
Jan 2023*	Vista Equity Partners	$2.6b Valuation: $2.6b	Buyout
Total Funding		$357m

Tech stackLearn more about the technologies and tools that this company uses.

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