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Conduct
Value £44,720,000

Conduct

VC Funding
Series A
DeepTech & AI Published 19 June 2024

Summary

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.

Index Ventures

Lead Investor / Acquirer

Index Ventures

Advising Broker

Undisclosed Firm

Original Source

View the original press release or news article describing this transaction in full.

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