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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
Stage
Series A
Total Funding
$80.1M in 3 rounds
Latest Funding Round
Post Money Valuation
£***** as on Jul 08, 2024
Ranked
Employee Count
61 as on Aug 31, 2026
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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
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Conduct's founders and board of directors

Founder? Claim Profile
The 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:

Conduct's employee count trend

Conduct has 61 employees as of Aug 26. Here is Conduct's employee count trend over the years:
Employee count trend for Conduct
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Conduct
Conduct
2024, London (United Kingdom), Series A
Developer of software for analyzing and automating enterprise system migrations
$80.1M
57/100
2nd
Logo for Nova Intelligence
Nova Intelligence
2024, San Francisco (United States), Series A
Developer of an AI platform for SAP system management
$42M
54/100
3rd
Logo for Tessera Labs
Tessera Labs
2024, San Jose (United States), Series A
Developer of artificial intelligence software for enterprise resource planning modernization
$60M
53/100
4th
Logo for Avantra
Avantra
2000, Richmond (United Kingdom), Late Stage
Cloud-based IT operations automation management software
-
47/100
5th
Logo for Sookti.ai
Sookti.ai
2025, Gurugram (India), Series A
Provider of AI-powered solutions for SAP development, implementation, and migration
$3.42M
42/100
6th
Logo for Dodge AI
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
Logo for smartShift
smartShift
2002, Boston (United States), Late Stage
Platform offering cloud application migration solutions
-
31/100
8th
Logo for LeapGreat
LeapGreat
2018, Alpharetta (United States), Unfunded
Provider of a SaaS platform automating SAP ERP implementations
-
-
20/100
9th
Logo for Automatics
Automatics
2026, India, Unfunded
SAP-Basis Automation
-
20/100
10th
CAP Pilot - Intelligent SAP CAP Development Assistant | AI-Powered Code Companion
-
-
16/100
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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.
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FAQs about Conduct

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