Conduct, an AI enterprise startup founded by former Palantir employees, raised $60M in a Series A round led by Index Ventures and Iconiq, aiming to modernize ERP systems.
Amount Raised
$60 Million
Round Type
Series A
LondonInformation TechnologySoftwareArtificial IntelligenceEnterprise SoftwareMachine LearningSaaSInvestors
Description
Conduct, a London-based startup founded by ex-Palantir employees, has secured $60M in Series A funding led by Index Ventures and Iconiq, with investment from SAP. The funding will be used to expand engineering and go-to-market teams. Conduct focuses on modernizing complex legacy ERP systems using AI to enhance understanding and operational efficiency. The company has raised a total of $72M, including a previous seed round of $12M.
Quick answer
Conduct raised $60 Million in a Series A round, dated June 17, 2026. Investors: Sap, Creandum, Lucid Capital, Booom, Index Ventures and Iconiq. Conduct is based in London, England, United Kingdom.
- How much did Conduct raise?
- Conduct raised $60 Million in a Series A round on June 17, 2026.
- Who invested in Conduct?
- Sap, Creandum, Lucid Capital, Booom, Index Ventures and Iconiq are named as investors in this round.
- What does Conduct do?
- Conduct’s mission is to make IT the innovation powerhouse of every company.
- Where is Conduct based and how big is it?
- Conduct is based in London, England, United Kingdom. Fundz records about 14 employees.
- Who are the decision-makers at Conduct?
- Fundz holds 1 contact at Conduct, including the Co-Founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Enterprise Software and SaaS around the same time
Companies in the same sectors as Conduct that raised within 45 days of this round, from Fundz verified event records.
- PolyBox Solutions raised $930K (Seed) on July 27, 2026.
- BlueNexus raised $2M (Seed) on July 17, 2026.
- Hisabkitab raised $21M (Seed) on July 15, 2026.
- Solving.AI raised $872K (Pre-Seed) on July 14, 2026.
- Otto Sales AI raised $500K (Seed) on July 4, 2026.
- Nomerra raised $2M (Seed) on June 30, 2026.
Who to call at Conduct, and when
A new round usually means Conduct is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Conduct raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Conduct, from your own LinkedIn network
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Funding Insights
What this usually meansConduct raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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