Conduct

Investor: Index Ventures and ICONIQ

AI operating system startup Conduct has successfully secured a Series A funding round totaling £44.72 million ($60 million) to advance its platform for managing complex enterprise software systems with AI.Summary of transaction details:Value: £44.72 million ($60 million)Sector: DeepTech & AIAdvisor: Not disclosedKey Entities: Target: Conduct; Lead Investors: Index Ventures, ICONIQ; Strategic Investors: SAP, Creandum, Lucid Capital, Booom.Location: Not specifiedNote: This funding round will empower Conduct to further develop its "AI operating system" solution, which aims to help large enterprises overcome the challenges of integrating AI into their highly customized and often opaque legacy IT environments, making systems more legible and operable for AI agents and improving critical business processes.

Investor: Index Ventures

Conduct, a London-based company specializing in an AI operating system for managing complex enterprise IT systems, has successfully closed a Series A funding round, raising £44.72 million. Summary of transaction details: Value: £44.72 million Sector: DeepTech & AI Advisor: Not disclosed Key Entities: Conduct (Target); Index Ventures, ICONIQ, SAP, Creandum, Lucid Capital, Booom (Investors) Location: London, UK (Target HQ) Note: This funding round will enable Conduct to further develop its AI operating system, which is designed to map, understand, and manage legacy custom code and integrations, making enterprise IT more accessible and operable for AI agents.