Conduct, an AI enterprise startup founded by former Palantir employees, raised $60M in a Series A round led by Index Ventures and Iconiq, aiming to modernize ERP systems.
Conduct, a London-based startup founded by ex-Palantir employees, has secured $60M in Series A funding led by Index Ventures and Iconiq, with investment from SAP. The funding will be used to expand engineering and go-to-market teams. Conduct focuses on modernizing complex legacy ERP systems using AI to enhance understanding and operational efficiency. The company has raised a total of $72M, including a previous seed round of $12M.
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.
Fundz sees it the moment Conduct raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
LondonInformation TechnologySoftwareArtificial IntelligenceSaasEnterprise SoftwareMachine Learning