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London-based Conduct has raised $12 million in a seed round, led by Creandum with participation from Lucid Capital and other notable investors, to modernize legacy IT systems with AI agents.

PRIVATESep 18, 2025•8 months ago

Amount Raised

$12 Million

Round Type

seed

LondonSoftwareArtificial Intelligence

Investors

Sap Senior LeaderWorkday Angel InvestorsGoogle Deep Mind Angel InvestorsPalantir Angel InvestorsBooomLucid CapitalCreandum

Description

Conduct, an enterprise AI start-up, has closed a $12 million seed round to lead the transformation of legacy ERP systems. The funding round was led by Creandum and included participation from Lucid Capital and several angel investors. Founded by former Palantir leaders, Conduct aims to enhance organizational agility and unlock billions in economic value through its groundbreaking technology. The venture emerges from stealth with a clear mission to address the burdens of outdated IT infrastructures in large organizations.

Company Information

Company

Conduct

Location

London, England, United Kingdom

About

Conduct’s mission is to make IT the innovation powerhouse of every company. Our agentic AI delivers an in-depth understanding of legacy enterprise software. For the first time ever, you can chat directly with your systems to resolve major business issues in days instead of months. We’re starting where it matters most: SAP, the OS of global business. Conduct makes the unmanageable, manageable. Setting the stage for the next era of productivity growth with AI-powered Enterprise System Intelligence.

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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