Conduct

Private

LondonFrontier & Industrial Techhttps://www.conduct.ai/

Last Round

Series A

Jun 17, 2026

Total Funding Raised

$72M

Momentum

Top 1%

of companies Caplight tracks

Company Overview

Conduct is an enterprise AI company that provides an agentic AI platform designed to help large organizations understand, operate, and modernize their complex legacy ERP systems.

Sector

Frontier & Industrial Tech

Verticals

Smart Manufacturing, Workflow Automation, Supply Chain, Vertical SaaS

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting

AI Layer

Application

Keywords

enterprise softwareindustrial automationSAP migrationAI agententerprise resource planningERPworkflow automationvertical SaaScode refactoringsystem integrationAI operating systemS/4HANA migrationagentic workflowvibe codingAI agent security

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Conduct Comps

Public and private peers based on sector, stage, and business model.

Conduct comps — public and private peers by sector, stage, and business model
Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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Conduct Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
Series A	Jun 17, 2026
Seed	Sep 18, 2025

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Key People

Founding team and executive leadership

Henry Thompson

Co-Founder and CTO

Founding Team

Conduct Investors

Notable investors and investment history

Conduct investors
Investor	Rounds
Booom	Series A, Seed
Creandum	Series A, Seed
Lucid Capital	Series A
ICONIQ Capital	Series A
Index Ventures	Series A
Lucid Capital	Series A, Seed

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Market signals

Structured signals derived from secondary market and firmographic data.

Jun 17, 2026
$60M round led by Creandum.
Apr 8, 2026
Monthly visitors grew 189% MoM, reaching 18.8K.

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Conduct Filings

SEC and related filings with document metadata.

Data table
Typed	Date	Amount Offered	Amount Sold	Filling	Pages	Download
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Conduct Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Conduct's valuation, stock price, and market status.

Firmographic Details

HeadquartersLondon

Employee Range36

Year Founded2024

Last FundingJun 17, 2026

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