# Conduct AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/conduct-ai

- Industry: Software
- Headquarters: London, UK
- Website: www.conduct.ai
- Total disclosed funding: $79M
- Latest round: Series A (Jun 3, 2026)
- Investors on record: 7

## About

Based in London, UK, Conduct AI Ltd. provides an advanced AI-driven platform aimed at optimizing SAP customizations, enhancing visibility into their functionality and dependencies for enterprise clients. Conduct AI Ltd. was founded in 2024 by Jan Philipp Haas, Philipp Hoefer, and Henry Thompson, who are the company’s co-founders.  Conduct AI Ltd. was founded in 2024 and is headquartered in London, UK. The company specializes in AI solutions that optimize SAP customizations. Conduct offers an advanced AI-driven platform designed to optimize SAP customizations by providing comprehensive visibility into their functionality and dependencies. The core product leverages agentic AI to analyze SAP code and configurations, enabling users to understand how customizations operate and their business implications. This functionality addresses common challenges faced by businesses, such as confusing customizations complicating migrations to SAP standard and inefficiencies in managing system documentation. Conduct's solutions are utilized primarily by large enterprises, including a major German manufacturer, allowing them to streamline processes and save substantial manual work hours. The platform services a global market, catering to customers across Europe, North America, and other regions where SAP software is prevalent.Conduct generates revenue through a subscription-based model, providing clients with ongoing access to its AI-powered analysis tools. The typical transaction structure involves annual subscriptions that grant businesses access to the Conduct platform, including functionalities such as technical dependency mapping and business insights. Clients, primarily large enterprises, leverage these tools to enhance their SAP systems, maximizing efficiency and minimizing reliance on external consultants. Specific pricing plans are structured around utilized features, with flagship offerings that include automated documentation and dependency analysis tools, fostering long-term partnerships with clients. In June 2026, Conduct AI Ltd. raised USD 60 million in series A funding co-led by Index Ventures and ICONIQ Capital, with participation from SAP, Booom, Creandum, and Lucid Capital LLC.

## Funding rounds

- Series A, Jun 3, 2026, $67M — Index Ventures, SAP, Creandum, ICONIQ Capital, Booom, Lucid Capital
- Seed, Sep 18, 2025, $12M — Creandum, Booom, Lucid Capital LLC

## Investors

- Creandum (https://capitalatlas.ai/funds/creandum) — Seed, Series A
- Booom (https://capitalatlas.ai/funds/booom) — Seed, Series A
- Lucid Capital LLC — Seed
- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series A
- SAP — Series A
- ICONIQ Capital (https://capitalatlas.ai/funds/iconiq-capital) — Series A
- Lucid Capital — Series A