How much funding has Conduct raised?

Conduct has raised $72M in total funding. Their latest funding round was Series A. Key investors include Index Ventures, ICONIQ, SAP, Creandum, Lucid Capital, Booom.

Where is Conduct headquartered?

Conduct is headquartered in London, United Kingdom. The company has a team of 11-50 people.

What does Conduct do?

Conduct operates in the AI Agents sector. Conduct is an AI operating system that helps large enterprises understand, operate, and modernize complex legacy ERP systems (especially SAP) using agentic AI. Conduct reduces the time between a business decision and its execution in enterprise software from months to hours by making opaque, heavily customized legacy ERP systems legible and operable for both humans and AI agents.

When was Conduct founded?

Conduct was founded in 2024. It is based in London, United Kingdom.

How much funding has Conduct raised?

Conduct has raised $72M in total funding. Key investors include Index Ventures, ICONIQ, SAP, Creandum, Lucid Capital, Booom.

Who is the CEO of Conduct?

Jan Philipp Haas (JP Haas) is the CEO of Conduct. The company was founded in 2024.

Where is Conduct located?

Conduct is headquartered in London, United Kingdom.

What funding stage is Conduct at?

Conduct is currently at the Scaling stage.

How many employees does Conduct have?

Conduct has approximately 11-50 employees.

Conduct

Category: AI Agents

Conduct is an AI operating system that helps large enterprises understand, operate, and modernize complex legacy ERP systems (especially SAP) using agentic AI. Conduct was founded in 2024. The company is led by Jan Philipp Haas (JP Haas). Based in London, United Kingdom. Team size: 11-50. Total funding raised: $72M. Latest round: Series A. Key investors include Index Ventures, ICONIQ, SAP, Creandum, Lucid Capital, Booom.

Founded: 2024
Headquarters: London, United Kingdom
Team size: 11-50
Total funding: $72M

Value proposition

Conduct reduces the time between a business decision and its execution in enterprise software from months to hours by making opaque, heavily customized legacy ERP systems legible and operable for both humans and AI agents.

Products and solutions

Conduct AI Operating System for Enterprise Software — platform that ingests custom code, configuration, dependencies, and integrations across ERP systems (SAP, Salesforce, Oracle, MES, WMS) and maps how technical components connect to business logic. Three solution pillars: Understand (system intelligence, code analysis, dependency mapping), Operate (automated software development, change implementation, IT operations), Transform (S/4HANA migration acceleration, fit-gap analysis, code refactoring).

Unique value

Agentic AI that learns the unique context of each customer's ERP system over time, refining insights with every interaction while safeguarding sensitive business data. Can be deployed in 48 hours. Reduces manual system analysis by 80%+, accelerates S/4HANA migration planning by 83%, and cuts operational costs by up to 90%.

Target customer

Large enterprises (Fortune 500 / DAX40) running complex, heavily customized SAP ERP systems who need to modernize, migrate to S/4HANA (facing 2027 deadline), or accelerate IT operations.

Industries served

Enterprise IT, Manufacturing, Logistics, Transportation, Industrial Materials, Aviation/Airports

Technology advantage

Founded by ex-Palantir leaders with deep enterprise experience; privacy-first architecture (sensitive business data never leaks or trains external models); context-aware agentic AI that continuously learns each customer's unique ERP landscape; deep SAP integration with strategic partnership status; can be deployed in 48 hours.

How they differentiate

Unlike competitors who focus on process visualization or architecture documentation, Conduct's AI agents actively read and understand millions of lines of custom code, map business logic to technical components, and autonomously generate code, tests, and implementation plans. Its privacy-first architecture ensures customer data never leaves their environment or trains external models.

Main competitors

Celonis (process mining & intelligence), LeanIX (enterprise architecture management), Qorelo (ERP transformation tooling)

Key partnerships

SAP (Strategic AI Partner for SAP Cloud ERP Transformation), Boston Consulting Group (BCG) (Strategic Partnership for ERP transformation), NTT DATA Business Solutions (Global Strategic Partnership for AI-native SAP transformation delivery)

Notable customers

Daimler Truck, Heidelberg Materials, Fraport (Frankfurt Airport), DHL, Rittal

Major milestones

2024: Company founded by ex-Palantir leaders, 2025-09: Emerged from stealth with $12M seed round led by Creandum, 2026-05: Named SAP Strategic AI Partner for SAP Cloud ERP Transformation, 2026-05: Announced global partnerships with BCG and NTT DATA Business Solutions, 2026-06: Raised $60M Series A co-led by Index Ventures and ICONIQ with strategic investment from SAP

Growth metrics

Customers seeing 30%+ acceleration in transformation workstreams; 83% faster S/4HANA migration planning; 80% less manual system analysis; 50% faster delivery of new features; 3x faster change implementation; team grew from 16 (Sept 2025) to ~35 (June 2026)

Market positioning

Conduct positions itself as an AI-native operating system for enterprise software, differentiated from process mining (Celonis) and architecture management (LeanIX) by its agentic AI that actively understands, operates, and transforms legacy ERP code rather than just visualizing processes. It targets the massive SAP S/4HANA migration market with a 2027 deadline driving urgency.

Geographic focus

Europe (headquartered in London, UK) with expansion into the US market

About Jan Philipp Haas (JP Haas)

Ex-Palantir (led commercial work across DACH region); University of Oxford; WHU - Otto Beisheim School of Management

Official website: https://conduct.ai