Conduct - About the company
Conduct is a series A company based in London (United Kingdom), founded in 2024 by Philipp Hoefer, Henry I Thompson and Jan Philipp Haas. It operates as a Developer of software for analyzing and automating enterprise system migrations. Conduct has raised $80.1M in funding from investors like Index Ventures, Creandum and IconiQ, with a current valuation of £*****. The company has 14 active competitors, including 5 that are funded. Its top competitors include companies like Nova Intelligence, Tessera Labs and Avantra.
Company Details
Developer of software for analyzing and automating enterprise system migrations. This technology reads underlying code to identify dependencies and downstream effects within complex software environments. It provides visibility into custom code to assist with planning, scoping, and executing large-scale transformations. The software automates development tasks from initial planning through deployment to facilitate feature delivery and system maintenance. By documenting system landscapes, the tool assists technical teams in managing modifications and refactoring processes.
Key Metrics
Founded Year
2024
Location
London, United Kingdom
Stage
Series A
Total Funding
$80.1M in 3 rounds
Latest Funding Round
Post Money Valuation
£***** as on Jul 08, 2024
Investors
Ranked
1st among 14 active competitors
Employee Count
61 as on Aug 31, 2026
Similar Companies
Legal entities associated with Conduct
Conduct is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CONDUCT AI LTD CIN: 15396489 , United Kingdom, Active | Jan 08, 2024 | - | 6 (As on Jan 31, 2025) |
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Conduct's funding and investors
Conduct has raised a total funding of $80.1M over 3 rounds. Its first funding round was on May 10, 2024. Its latest funding round was a Series A round on Jun 18, 2026 for $*****. 6 investors participated in its latest round. Conduct has 6 institutional investors.
Here is the list of recent funding rounds of Conduct:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 18, 2026 | 7858206 | Series A | 8115626 | 7922677 | 4101038 | 8553603 |
Sep 18, 2025 | 8352341 | Seed | 5009595 | 1600703 | 5344775 | |
May 10, 2024 | 3275207 | Seed | 6132451 | 5963479 | 7668409 | 6462829 |
View details of Conduct's funding rounds and investors
Conduct's founders and board of directors
Founder? Claim ProfileThe founders of Conduct are Philipp Hoefer, Henry I Thompson and Jan Philipp Haas. Jan Philipp Haas is the CEO of Conduct.
Here are the details of Conduct's key team members:
- Philipp Hoefer: Co-Founder & CPO of Conduct. Contact Info: 1 email address
- Henry I Thompson: Co-Founder & CTO of Conduct. Contact Info: 1 email address
- Jan Philipp Haas: Co-Founder & CEO of Conduct.
View details of Conduct's Founder profiles and Board Members
Conduct's employee count trend
Conduct has 61 employees as of Aug 26. Here is Conduct's employee count trend over the years:
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Conduct's Competitors and alternates
Top competitors of Conduct include Nova Intelligence, Tessera Labs and Avantra. Here is the list of Top 10 competitors of Conduct, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Conduct 2024, London (United Kingdom), Series A | Developer of software for analyzing and automating enterprise system migrations | $80.1M | 57/100 | |
2nd | Nova Intelligence 2024, San Francisco (United States), Series A | Developer of an AI platform for SAP system management | $42M | 54/100 | |
3rd | Tessera Labs 2024, San Jose (United States), Series A | Developer of artificial intelligence software for enterprise resource planning modernization | $60M | 53/100 | |
4th | Avantra 2000, Richmond (United Kingdom), Late Stage | Cloud-based IT operations automation management software | - | 47/100 | |
5th | Provider of AI-powered solutions for SAP development, implementation, and migration | $3.42M | 42/100 | ||
6th | Dodge AI 2025, San Francisco (United States), Seed | Provider of AI-based process intelligence for SAP agents automating CPG processes | $2.23M | 36/100 | |
7th | smartShift 2002, Boston (United States), Late Stage | Platform offering cloud application migration solutions | - | 31/100 | |
8th | LeapGreat 2018, Alpharetta (United States), Unfunded | Provider of a SaaS platform automating SAP ERP implementations | - | - | 20/100 |
9th | Automatics 2026, India, Unfunded | SAP-Basis Automation | - | 20/100 | |
10th | CAP Pilot - Intelligent SAP CAP Development Assistant | AI-Powered Code Companion | - | - | 16/100 |
Looking for more details on Conduct's competitors? Click here to see the top ones
Conduct's Investments and acquisitions
Conduct has made no investments or acquisitions yet.
Reports related to Conduct
Here is the latest report on Conduct's sector:
News related to Conduct
Media has covered Conduct for a total of 6 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
•
AI Firm Conduct AI Secures First U.S. Office Lease at Capstone's 140 Crosby Street in SoHoCommercial Observer•Sep 23, 2026•Conduct
•
Conduct Raises $60M to Accelerate Software Modernization ProjectsSiliconAngle•Jun 18, 2026•Conduct, SAP, IconiQ, Index Ventures and 4 others
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Fintech startup Ramp secures $750M funding round, reaching $44B valuationTechStartups.com•Jun 04, 2026•IconiQ, Ramp, GIC, Ontario Teachers' Pension Plan and 27 others
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•
Conduct raises €10.1M to simplify ERP operations after 18 months in stealthSilicon Canals•Sep 18, 2025•Creandum, Lucidcapitalmarkets, Booom, Conduct
•
Conduct Secures €11.2 Million In Pre-Seed Round To Modernise Enterprise IT With AIStartup Rise EU•Sep 18, 2025•Creandum, Conduct AI, Conduct
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