Conduct AI Secures $60M to Propel Enterprise Software Modernization
June 19, 2026, 9:31 am
Conduct AI secured a pivotal $60M Series A funding round to revolutionize enterprise software modernization. This AI startup, founded by former Palantir talent, targets complex legacy ERP systems, especially SAP. Its innovative platform autonomously analyzes decades of custom code, generates new features, and streamlines intricate upgrades like SAP S/4HANA migrations. It provides automated documentation, performance testing, and critical fit-gap analysis. Conduct AI makes opaque systems legible for AI agents, transforming lengthy projects into rapid, efficient processes. This funding fuels U.S. expansion and broader platform support, delivering essential tools for global digital transformation.
A London-based AI startup has made significant strides. Conduct AI recently secured $60 million in Series A funding. This investment targets a critical challenge: enterprise software modernization. New investors Index Ventures and ICONIQ co-led the round. Strategic investor SAP SE also participated. Existing backers Creandum, Lucid Capital, and Booom rejoined. This latest capital injection brings Conduct AI's total funding to $72 million.
Enterprises worldwide struggle with legacy systems. Decades of custom code create immense complexity. Standard software often lacks specific features. Development teams build custom capabilities. These modifications accumulate over time. They become technical debt. Understanding these bespoke applications is a formidable task. Few employees fully grasp older customizations. Documentation is frequently incomplete. This opacity slows down innovation. It introduces significant operational risks. Manual modernization efforts are costly and time-consuming.
Conduct AI offers a potent solution. Its artificial intelligence platform streamlines code modernization projects. Developers confront heavily customized applications. They seek to add new features. Conduct AI quickly identifies relevant custom code modules. The platform provides an immediate overview. It details each module's purpose. It outlines the data it processes. This accelerates initial understanding.
The company's platform goes beyond analysis. It automates complex development tasks. Developers articulate desired features using natural language. The AI software then crafts a step-by-step implementation plan. It subsequently generates the necessary code files. This capability drastically reduces development cycles. It transforms lengthy manual processes into rapid, automated workflows.
Quality and reliability are paramount. Conduct AI tests its generated code. It checks for performance issues. It ensures overall system reliability. For ongoing clarity, the platform generates comprehensive documentation. This explains how each AI-created component functions. The documentation automatically refreshes. Any code changes trigger an immediate update. This maintains accuracy and consistency.
Conduct AI primarily targets Enterprise Resource Planning (ERP) systems. SAP products represent a core focus. Many global companies operate on SAP's legacy ERP platforms. Upgrading to the newer S/4HANA platform is a monumental undertaking. These migrations can consume years of manual effort. Conduct AI significantly accelerates this digital transformation.
A critical phase in ERP upgrades is fit-gap analysis. Developers typically create vast spreadsheets. These documents outline core ERP features. They detail current states. They project future upgrade paths. Conduct AI automates this laborious process. It generates these vital documents automatically. This capability alone saves weeks of manual work. It transforms the timeline for major system overhauls.
The new $60 million funding round signals strong market confidence. The investment will fuel Conduct AI's expansion. The company plans to grow its engineering teams. It will also bolster its go-to-market strategies. Conduct AI currently employs 35 people in London. It actively recruits in the United States. This expansion supports broader market penetration.
Future plans include expanding platform support. Conduct AI aims to integrate with other major enterprise technology platforms. This includes Salesforce Inc. and Oracle Corp. Such diversification broadens its addressable market. It solidifies its position as a leader in enterprise AI modernization. The company is preparing for substantial growth.
Conduct AI's impact on global enterprises is already evident. Prominent customers include Daimler Truck, Heidelberg Materials, and DHL. These organizations leverage Conduct AI to transform their IT landscapes. The platform converts months of intricate work into mere afternoons. It makes decades-old, opaque systems fully legible. This empowers advanced AI agents. It unlocks unprecedented operational efficiency.
The era of AI in enterprise IT is here. Conduct AI stands at the forefront of this evolution. It directly addresses the pervasive challenge of legacy systems. These systems have long been bottlenecks for innovation. AI-driven modernization provides a pathway forward. It enables rapid digital transformation. Businesses can now embrace new technologies with greater agility. This ensures a competitive advantage in a fast-moving market. Conduct AI delivers essential tools for this ongoing software evolution. It sets a new standard for enterprise IT efficiency.
A London-based AI startup has made significant strides. Conduct AI recently secured $60 million in Series A funding. This investment targets a critical challenge: enterprise software modernization. New investors Index Ventures and ICONIQ co-led the round. Strategic investor SAP SE also participated. Existing backers Creandum, Lucid Capital, and Booom rejoined. This latest capital injection brings Conduct AI's total funding to $72 million.
Enterprises worldwide struggle with legacy systems. Decades of custom code create immense complexity. Standard software often lacks specific features. Development teams build custom capabilities. These modifications accumulate over time. They become technical debt. Understanding these bespoke applications is a formidable task. Few employees fully grasp older customizations. Documentation is frequently incomplete. This opacity slows down innovation. It introduces significant operational risks. Manual modernization efforts are costly and time-consuming.
Conduct AI offers a potent solution. Its artificial intelligence platform streamlines code modernization projects. Developers confront heavily customized applications. They seek to add new features. Conduct AI quickly identifies relevant custom code modules. The platform provides an immediate overview. It details each module's purpose. It outlines the data it processes. This accelerates initial understanding.
The company's platform goes beyond analysis. It automates complex development tasks. Developers articulate desired features using natural language. The AI software then crafts a step-by-step implementation plan. It subsequently generates the necessary code files. This capability drastically reduces development cycles. It transforms lengthy manual processes into rapid, automated workflows.
Quality and reliability are paramount. Conduct AI tests its generated code. It checks for performance issues. It ensures overall system reliability. For ongoing clarity, the platform generates comprehensive documentation. This explains how each AI-created component functions. The documentation automatically refreshes. Any code changes trigger an immediate update. This maintains accuracy and consistency.
Conduct AI primarily targets Enterprise Resource Planning (ERP) systems. SAP products represent a core focus. Many global companies operate on SAP's legacy ERP platforms. Upgrading to the newer S/4HANA platform is a monumental undertaking. These migrations can consume years of manual effort. Conduct AI significantly accelerates this digital transformation.
A critical phase in ERP upgrades is fit-gap analysis. Developers typically create vast spreadsheets. These documents outline core ERP features. They detail current states. They project future upgrade paths. Conduct AI automates this laborious process. It generates these vital documents automatically. This capability alone saves weeks of manual work. It transforms the timeline for major system overhauls.
The new $60 million funding round signals strong market confidence. The investment will fuel Conduct AI's expansion. The company plans to grow its engineering teams. It will also bolster its go-to-market strategies. Conduct AI currently employs 35 people in London. It actively recruits in the United States. This expansion supports broader market penetration.
Future plans include expanding platform support. Conduct AI aims to integrate with other major enterprise technology platforms. This includes Salesforce Inc. and Oracle Corp. Such diversification broadens its addressable market. It solidifies its position as a leader in enterprise AI modernization. The company is preparing for substantial growth.
Conduct AI's impact on global enterprises is already evident. Prominent customers include Daimler Truck, Heidelberg Materials, and DHL. These organizations leverage Conduct AI to transform their IT landscapes. The platform converts months of intricate work into mere afternoons. It makes decades-old, opaque systems fully legible. This empowers advanced AI agents. It unlocks unprecedented operational efficiency.
The era of AI in enterprise IT is here. Conduct AI stands at the forefront of this evolution. It directly addresses the pervasive challenge of legacy systems. These systems have long been bottlenecks for innovation. AI-driven modernization provides a pathway forward. It enables rapid digital transformation. Businesses can now embrace new technologies with greater agility. This ensures a competitive advantage in a fast-moving market. Conduct AI delivers essential tools for this ongoing software evolution. It sets a new standard for enterprise IT efficiency.