Conduct Raises $60M Series A

Conduct, a London-based AI startup that provides an operating system for large enterprises to understand and modify complex, customized software systems, has raised $60 million in a Series A funding round.

Investors

The round was co-led by Index Ventures and ICONIQ, with strategic investment from SAP. Additional participation came from existing investors Creandum, Lucid Capital, and Booom.

Conduct Use of Funds

Conduct plans to use the new capital to expand its engineering and go-to-market teams, deepen its current SAP capabilities, and accelerate product development for other systems including Salesforce, Oracle, MES, and WMS.

About Conduct

Founded in 2026, Conduct was established by former Palantir executives Jan Philipp Haas, Philipp Hoefer, and Henry Thompson. The company provides an AI-driven platform that maps business logic within core enterprise software, allowing companies to understand, operate, and update legacy systems at the speed of business decision-making.

Funding Details

Company Website: https://conduct.ai

Company: Conduct
Raised: $60M
Round: Series A
Funding Date: June 17, 2026
Lead Investor: Index Ventures, ICONIQ
Additional Investors: SAP, Creandum, Lucid Capital, Booom
Software Category: Enterprise AI
Source: https://finance.yahoo.com/technology/ai/articles/conduct-raises-60-million-series-121500344.html