Full-Time
Agentic AI platform for ERP modernization
No salary listed
London, UK
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Conduct AI runs an enterprise AI platform in London that helps large organizations understand and modernize ERP systems, starting with SAP. It lets IT teams communicate with their ERP environments, making code and business logic transparent and actionable, with agentic AI that analyzes dependencies and suggests what to keep or replace with standard SAP features. Founded by former Palantir engineers, the company differentiates itself through deep enterprise data experience, a clear focus on ERP modernization, and a practical approach that translates complex legacy environments into concrete modernization steps. Its goal is to help enterprises migrate to SAP S/4HANA, reduce ongoing maintenance costs, and accelerate their 2027 migration timelines.
Company Size
51-200
Company Stage
Series A
Total Funding
$72M
Headquarters
London, United Kingdom
Founded
2024
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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
Conduct, a London, UK-based provider of an AI operating system for Enterprise Software, raised $60m in Series A funding
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.
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.
NTT DATA Business Solutions and Conduct announce global partnership to deliver ai-native SAP transformation at scale. Conduct's agentic AI platform embeds across NTT DATA Business Solutions' global delivery, giving enterprise customers a faster, more confident path through SAP S/4HANA transformation and beyond. London, United Kingdom - NTT DATA Business Solutions, one of the world's largest SAP system integrators, and Conduct, the AI platform for enterprise IT and business teams, today announce a global strategic partnership. The partnership embeds Conduct's platform across NTT DATA Business Solutions' SAP S/4HANA transformation, application management services (AMS), and change management delivery, bringing AI-native execution to enterprise SAP programmes across the United Kingdom, Germany, the United States, Brazil, Singapore, and beyond. The results are tangible: joint customers benefit from faster time to value, an immediate and complete understanding of their entire SAP landscape, and an accelerated pace of execution across every phase of delivery. Decisions are made with greater confidence. Production risk falls sharply. For large-scale programmes, this represents a step change in delivery speed and confidence. At the centre of the partnership is Conduct's proprietary SAP context engine. It produces a complete semantic understanding of an entire SAP estate (every custom object, workflow, and dependency) with speed and precision. NTT DATA Business Solutions teams, based on deep industry and business process knowledge, use that intelligence to automate fit-gap analysis, run comparisons against SAP standard, and generate functional specifications significantly faster. The most critical phase of any SAP business process transformation becomes a source of speed and intelligence, helping reduce delivery risk and improve outcomes. NTT DATA Business Solutions' decades of experience in transformation and change management have been honed through thousands of enterprise SAP programmes on every continent. Their partnership with Conduct's market-leading AI gives customers a combined offering which is a genuine new force in the market with the intelligence to move fast as well as the experience to do it right. This offering is available globally today, spanning NTT DATA Business Solutions' delivery centres across five continents, with offshore conversion and test factories in India. "Our customers are under increasing pressure to modernise their SAP landscapes in order to unlock the full potential of AI. By partnering with Conduct, we are strengthening our ability to deliver scalable, AI-enabled SAP business process transformation and support our customers worldwide in unlocking the full value of their SAP investments." - Norbert Rotter, CEO, NTT DATA Business Solutions "The enterprises NTT DATA Business Solutions serves have built their operations on SAP systems that are deeply, meaningfully customised to how their businesses work. That customisation is not a problem to be eliminated but an asset that needs to be understood, preserved where it matters, and evolved intelligently. Conduct exists to make that possible at the pace and scale that AI now allows. Partnering with NTT DATA Business Solutions means bringing that capability to thousands of enterprises worldwide, through the delivery organisation they already trust." - Jan Philipp Haas, CEO and Co-Founder of Conduct Conduct and NTT DATA Business Solutions will both be present at SAP Sapphire 2026 in Orlando. Conduct will be exhibiting at Booth 460, selected by SAP's Executive Leadership as one of a small number of AI partners to sponsor the event. About Conduct. Conduct is building the AI operating system for enterprise IT. Conduct uses agentic AI to empower enterprise IT teams, from business stakeholders originating change requests, through functional analysts and developers, to testing engineers validating delivery. Powered by a proprietary context engine that connects across enterprise systems, Conduct acts as the shared workbench across the entire software change lifecycle, bringing coherence and velocity to a process that has historically been fragmented across teams, tools, and handoffs. Customers including Heidelberg Materials, Daimler Truck, Fraport, and DHL are operating with a velocity and intelligence that is redefining what their IT environments can deliver. Founded in 2024 and headquartered in London, Conduct is a growing team of 30 with deep heritage in European technology, building category-defining technology at the intersection of enterprise software and applied AI. About NTT DATA Business Solutions. NTT DATA Business Solutions is focused on SAP and works within a strong ecosystem of partners including Microsoft and ServiceNow. DATA Business Solutions Group enable midmarket and lower large enterprise companies worldwide to become Intelligent Enterprises - from consulting and implementation to managed services. DATA Business Solutions Group is part of NTT DATA a $30+ billion business and technology services leader, serving 75% of the Fortune Global 100. Together, DATA Business Solutions Group is committed to accelerating client success and positively impacting society through responsible innovation. DATA Business Solutions Group is one of the world's leading AI and digital infrastructure providers, with unmatched capabilities in enterprise-scale AI, cloud, security, connectivity, data centers and application services. Its consulting and industry solutions help organizations and society move confidently and sustainably into the digital future. As a Global Top Employer, DATA Business Solutions Group has experts in more than 70 countries. DATA Business Solutions Group also offer clients access to a robust ecosystem of innovation centers as well as established and start-up partners. NTT DATA is part of NTT Group, which invests over $3 billion each year in R&D.