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Conduct, an AI enterprise startup founded by former Palantir employees, raised $60M in a Series A round led by Index Ventures and Iconiq, aiming to modernize ERP systems.
Amount Raised
$60 Million
Round Type
Series A
Investors
Description
Conduct, a London-based startup founded by ex-Palantir employees, has secured $60M in Series A funding led by Index Ventures and Iconiq, with investment from SAP. The funding will be used to expand engineering and go-to-market teams. Conduct focuses on modernizing complex legacy ERP systems using AI to enhance understanding and operational efficiency. The company has raised a total of $72M, including a previous seed round of $12M.
Fundz sees it the moment Conduct raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
What this usually meansConduct raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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