AI Summary
Founded by former Palantir staff, London-based Conduct has raised $60M to overhaul legacy ERP systems with modern AI, entering a competitive market for enterprise software.
- •Conduct, a London-based startup, secured $60 million in a Series A funding round led by New Enterprise Associates.
- •The company aims to replace legacy Enterprise Resource Planning (ERP) systems with modern, AI-driven software.
- •Specifics regarding the company's product roadmap and the exact timeline for its commercial launch remain unconfirmed.
London-based startup Conduct has closed a $60 million Series A funding round led by New Enterprise Associates to develop AI-powered enterprise software. The company was founded by three former Palantir employees who intend to modernize aging Enterprise Resource Planning (ERP) infrastructure. However, the startup has yet to demonstrate how its platform will overcome the entrenched operational habits of large, legacy-dependent organizations. Whether Conduct can successfully displace legacy giants will likely depend on its ability to prove measurable efficiency gains in live corporate environments.
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