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Conduct

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Agentic AI platform modernising enterprise ERP and SAP operations

London, United KingdomFounded 2024AI
Valuation $250–500M Last recorded · 2026
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Conduct and the history behind them.

About Conduct

Conduct (conduct.ai) is a London enterprise AI company founded in January 2024 by former Palantir engineers Jan Philipp Haas (CEO), Philipp Hoefer (CPO) and Henry Thompson (CTO). Its agentic platform maps business logic buried in decades of ERP and related system customisation—starting with SAP and expanding across Salesforce, Oracle, MES, WMS and other systems of record—so enterprises can understand, operate and change those systems safely and faster. Customers including Daimler Truck, Heidelberg Materials, Fraport and DHL use Conduct to accelerate transformation workstreams; SAP has named Conduct a strategic AI partner for SAP Cloud ERP transformation, with delivery partners including BCG and NTT DATA Business Solutions. After a September 2025 Seed of about $12 million led by Creandum (with Lucid Capital and Booom), Conduct raised a €51 million ($60 million) Series A in June 2026 co-led by Index Ventures and ICONIQ, with strategic investment from SAP and participation from existing investors, to expand engineering and go-to-market and deepen multi-system coverage. Sources: EU-Startups 17 Jun 2026; FinSMEs.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2024
Headquarters
London, United Kingdom
Employees
36
Open positions
16
Dealroom signal
93.0/100
Industry
Enterprise Software
Sector
AI, Core AI, AI Applications, out of stealth, uk is8 digital and technologies
Technology
Artificial Intelligence
Business model
SaaS
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AOther financing Jun 2026 $60M $240M Creandum · Lucid Capital · Index Ventures · ICONIQ Capital ↗
SEEDOther financing Sep 2025 $12M $48M Creandum · Booom · Lucid Capital ↗
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Growth signals

Conduct website traffic

Latest recorded traffic for Conduct is 37K monthly website visits, up 131.3% over the last three months. Conduct's team grew 260% over the past year.

Latest monthly visits37K 3-month web change+131.3% 1-year team growth+260%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

Series A3 investors entered at this stage

Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇬🇧 United Kingdom95.7%
🇩🇪 Germany4.3%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Conduct on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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