London-based Conduct Secures €11.2 Million In Pre-Seed Round To Modernise Enterprise IT With AI

The round was led by Creandum, joined by Lucid Capital, Booom, and angels from Palantir, Google DeepMind, Workday, and a senior leader at SAP. Current customers include Daimler Truck and Rittal, who use Conduct’s platform daily to manage IT across their software estates.

Conduct’s AI enables organisations to interact directly with ERP systems, giving IT teams and business leaders instant visibility into codebases and business logic. The company claims this can reduce task times and operating costs by up to 90%.

“Enterprises need a way to continuously understand, improve, and future-proof their core systems. Conduct’s AI platform does exactly that. Starting with the SAP S/4HANA migration, the single most critical transformation in enterprise IT, Conduct is uniquely positioned to redefine how global leaders manage their most complex system. We are thrilled to back a team with deep enterprise DNA and a relentless focus on customer value from day 1,” said Peter Specht, General Partner at Creandum.

The company believes that IT should evolve from being a cost centre into a driver of growth. “We believe that IT should be the core growth engine of every enterprise but today CEOs repeatedly tell us that IT is becoming a blocker to business outcomes: 3-4% of enterprise revenue is spent on system maintenance. Counterintuitively, this is not driven by new code generation, but by having to manually decipher how complex systems spanning millions of lines of code actually work. Conduct’s AI agents drastically reduce the resource burden of software maintenance, allowing IT teams to focus on system innovation that drives revenue and productivity gains,” explained Jan Philipp Haas, Co-founder and CEO

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Conduct’s mission is to turn IT into a driver of innovation. Its agentic AI enables direct interaction with legacy systems, solving business challenges in days, not months. Starting with SAP, Conduct delivers AI-powered Enterprise System Intelligence making complex systems manageable and paving the way for the next wave of productivity growth.

The platform is already being used across the IT estate of Rittal, the global server rack leader. Clemens Voegele, Global Chief Digital and Information Officer of the Friedhelm Loh Group, of which Rittal is a subsidiary, said: “We now use Conduct for all our daily incident and problem management at the intersection of business and IT, significantly accelerating resolution times in the ERP ticketing process. Whenever new ERP features are requested, Conduct is the first tool our teams turn to…It gives us full visibility – rather than flying blind.”

Conduct emphasises data security in its approach. “The agentic AI that underpins Conduct has been designed so that as teams use Conduct, our platform gains more context about their business, giving back better and better answers. Conduct has been architected specifically to prevent your sensitive business data leaking or being used to improve AI models for anyone outside your organisation, so teams can be confident in using the platform,” said Henry Thompson, Co-founder and Chief Technology Officer.

With SAP’s 2027 deadline for migrating to S/4 HANA, many enterprises are seeking options beyond expensive multi-year consultancy projects. A key challenge in these migrations is the high maintenance cost of SAP customisations. Philipp Hoefer Co-Founder and Chief Product Officer, explained

“Conduct helps customers evaluate which customisations contain critical functionality that needs to be maintained in the S/4HANA world, and which customisations can be replaced by standard SAP processes. Many SAP customisations encode decades of experience and the competitive edge of your business – but carry huge costs in IT maintenance. For $1 spent on SAP customisation, $2 on average has to be spent on ongoing maintenance costs, so we built Conduct to drastically reduce the burden of managing your custom code, helping you keep your competitive edge while making your systems leaner and easier to maintain.”

About Conduct

Conduct uses AI to simplify SAP customisations, transforming technical complexity into clear business insights. Its platform helps organisations understand, manage and optimise legacy ERP systems reducing costs and speeding up operations. By bridging IT and business, Conduct empowers companies to modernise faster and unlock new levels of efficiency.