Conduct raises $12m to modernise enterprise legacy systems with AI…

Team S · 2025-11-12T17:06:30.000Z

Conduct, a London startup founded in 2024 by three former Palantir engineers, has emerged from 18 months of stealth with a $12m round led by Creandum, joined by Lucid Capital, Booom, and angels from Palantir, Google DeepMind, and Workday. Its agentic platform lets enterprises interact directly with their systems to reveal and manage complex codebases, launching first for SAP environments used by 90% of Fortune 500. Early customers include Daimler Truck and Rittal. The raise follows a surge in European workflow AI investing—recently N8n saw Series C valuations jump to nearly $3bn, and Lovable received offers up to $4bn—as AI-native startups have secured €6.6bn in 2025 to date, far outpacing €3.9bn in 2024. Creandum’s Peter Specht says Conduct is positioned to reshape management of complex enterprise systems with a focus on customer value.

Member Login Get Access

Conduct raises $12m to modernise enterprise legacy systems with AI… | Newnex