C

Conduct AI

Maps ERP logic for safe transformation

Overview

Conduct AI builds an agentic platform that surfaces and governs the business logic hidden in ERP and systems of record, starting with SAP and expanding to Salesforce, Oracle, MES, and WMS. It maps processes and rules embedded in system customizations so enterprises can understand, operate, and safely change these systems. Customers include Daimler Truck, Heidelberg Materials, Fraport, and DHL; SAP has named Conduct a strategic AI partner for SAP Cloud ERP transformation, with partners like BCG and NTT DATA. The goal is to become the standard platform for aligning, governing, and evolving enterprise software ecosystems through AI-assisted automation and governance.

Significant Headcount Growth

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About Conduct AI

Simplify's Rating
Why Conduct AI is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsConsultingEnterprise SoftwareAI & Machine Learning

Company Size

51-200

Company Stage

Series A

Total Funding

$72M

Headquarters

London, United Kingdom

Founded

2024

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What believers are saying

  • Conduct raised $60 million on June 17, 2026, funding engineering and go-to-market expansion.
  • SAP says DAX40 customers cut project costs over 30% using Conduct.
  • Conduct posted 25 open roles by November 8, 2026, signaling aggressive scaling.

What critics are saying

  • SAP and systems integrators can absorb Conduct’s workflows and squeeze pricing by 2027.
  • One SAP-focused wedge creates concentration risk if SAP channel priorities shift in 2027.
  • A security or production incident in SAP change automation would kill enterprise trust immediately.

What makes Conduct AI unique

  • Conduct’s SAP context engine maps custom code, workflows, and dependencies across estates.
  • SAP named Conduct a strategic AI partner for Cloud ERP transformation on May 12, 2026.
  • NTT DATA, BCG, and SAP validate Conduct inside large-scale transformation delivery.

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Funding

Total Funding

$72M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:
Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
$15M
$30M
$60M

Growth & Insights and Company News

6 month growth

9%

1 year growth

18%

2 year growth

32%
cbs Corporate Business Solutions
Oct 7th, 2026
Conduct and cbs launch strategic partnership.

Conduct and cbs launch strategic partnership. 7. October 2026 Heidelberg, October 7th, 2026 - The future belongs to companies that not only leverage the potential of AI in isolated instances but also intelligently integrate it into their business platforms. Together with Conduct, cbs will chart precisely this path for the industry: AI-Empowered Transformation leads to the Agentic Enterprise, where people, processes, and AI agents work together seamlessly. The British software company Conduct and cbs have therefore agreed to a strategic partnership. The goal is to make complex transformations faster and more effective. To this end, cbs and Conduct provide the necessary transformation readiness. After all, it is not AI alone, but a system of four factors that is crucial for success: Transformation Capability, Context for AI, the Agentic M-cbs methodology, and AI adoption within the project. Its strategic partnership combines innovative AI technology with decades of transformation experience to support companies on their journey toward becoming an Agentic Enterprise. Rainer Wittwen, CEO, cbs Both companies are united by an uncompromising commitment to innovation and quality. They work for the same manufacturing companies, understand their challenges, and share the conviction that sustainable transformation can only be achieved through deep process expertise, an understanding of historically evolved SAP landscapes, and innovative strength. Conduct brings innovative AI-powered solutions for SAP landscapes to the table. cbs complements this with its own AI expertise and decades of experience in global business transformation projects that deliver rapid value.

The SaaS News
Jun 18th, 2026
Conduct raises $60M Series A.

Conduct raises $60M Series A. Conduct raises $60M Series A round led by Index Ventures and ICONIQ to expand its AI platform for managing and modifying complex enterprise software systems. Updated June 17, 2026 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: 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 Updated June 17, 2026

FinSMEs
Jun 17th, 2026
Conduct Raises $60M in Series A Funding

Conduct, a London, UK-based provider of an AI operating system for Enterprise Software, raised $60m in Series A funding

Index Ventures
Jun 17th, 2026
Conduct raises $60M to help corporates move at startup speed

Conduct, a London-based startup founded by three former Palantir leaders, has raised $60 million in a Series A round co-led by Accel and ICONIQ. The company helps large enterprises modify their core systems like SAP, Oracle and Salesforce without lengthy IT bottlenecks. The platform ingests custom code and data models across enterprise systems, making visible how everything is configured. Users can then prompt changes in plain language, with Conduct writing code, generating tests and deploying customisations automatically. This enables changes that previously took months to ship in days. Conduct already serves major clients including DHL, Heidelberg Materials and Daimler, with partnerships including SAP, BCG and NTT. The company addresses a critical challenge: enterprises spend roughly two dollars on maintenance and personalisation for every dollar spent on core systems, with changes routinely costing millions.

PR Newswire
May 11th, 2026
NTT DATA Business Solutions partners with Conduct to deliver AI-native SAP transformation globally

NTT DATA Business Solutions, one of the world's largest SAP system integrators, has formed a global strategic partnership with Conduct, an AI platform for enterprise IT teams. The partnership embeds Conduct's agentic AI platform across NTT DATA's SAP S/4HANA transformation and application management services in the UK, Germany, US, Brazil, Singapore and other markets. Conduct's proprietary SAP context engine produces complete semantic understanding of entire SAP estates, enabling NTT DATA teams to automate fit-gap analysis and generate functional specifications faster. The combined offering aims to reduce delivery risk whilst accelerating SAP business process transformation. Founded in 2024 and headquartered in London, Conduct serves customers including Heidelberg Materials, Daimler Truck and DHL. The partnership is available globally across NTT DATA's delivery centres spanning five continents.

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