Conduct Lands €11.2M Seed to Modernize Enterprise IT with AI

London-based Conduct secured €11.2 million in Seed funding, led by Creandum. The company drives IT modernization for enterprise systems using AI.

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Conduct Lands €11.2M Seed to Modernize Enterprise IT with AI

London-based Conduct secured €11.2 million in Seed funding, led by Creandum. The company drives IT modernization for enterprise systems using AI.

Founded in 2024 by three former Palantir employees, Conduct developed an AI platform. This platform transforms enterprise IT operations, initially focusing on SAP systems. Lucid Capital and Booom also participated in the Seed round. Angel investors from Google DeepMind, Workday, and a senior SAP leader contributed. This investment fuels further development in enterprise IT AI.

Conduct's AI Platform Transforms Legacy IT

Conduct's AI platform enables organisations to communicate directly with their ERP systems. It provides IT leaders and business stakeholders instant insights into codebases and business logic. This approach cuts customer task times and reduces operating costs significantly.

European enterprises like Daimler Truck and Rittal already use the platform daily. Conduct's technology addresses the complex SAP S/4HANA migration deadline of 2027. The platform helps evaluate SAP customisations, identifying critical functionality for migration. This reduces maintenance burdens for enterprise software.

The agentic AI underpinning Conduct ensures data security. It prevents sensitive business data leakage and avoids external AI model improvement. Conduct aims to evolve IT from a cost centre into a growth driver, focusing on innovation over maintenance. Its artificial intelligence solutions streamline complex system management. The company's focus remains on advancing enterprise IT AI capabilities.