Conduct AI Ltd secured $60 million in Series A funding led by Index Ventures and ICONIQ, with participation from SAP SE and others, aiming to enhance its AI-powered platform that streamlines modernization of heavily customized enterprise software.
- Conduct’s AI system automates discovery, coding, testing, and documentation for legacy software updates.
- Funding will fuel expansion beyond SAP to Oracle and Salesforce enterprise applications.
- Platform targets complex ERP upgrades and custom feature additions, shortening multi-month tasks to hours.
Market signal
Enterprises globally continue to grapple with modernization of deeply customized software systems that underpin critical business operations. These legacy systems often carry decades of undocumented code changes, creating costly and risky engineering hurdles. The $60 million Series A funding round led by prominent venture firms and strategic investors like SAP SE underscores strong market interest in innovations that can accelerate digital transformation efforts.
Conduct’s AI-powered platform addresses a key pain point by automating the analysis of existing code, identifying modules that require changes for new feature development, and generating reliable implementation plans and tested code. This signal highlights growing demand for intelligent automation tools that reduce reliance on scarce developer expertise and speed up complex upgrade projects.
Operator impact
Technology operators responsible for enterprise application portfolios can leverage Conduct’s platform to reduce manual effort and minimize risk associated with updating custom code. The solution’s ability to produce detailed, continuously updated documentation helps maintain institutional knowledge, alleviating challenges of staff turnover and legacy skill shortages.
Conduct’s immediate focus on SAP ERP modernization, including transition projects to the latest S/4HANA platform, provides a pragmatic toolset for operators navigating costly and lengthy upgrade cycles. With plans to add support for Salesforce and Oracle products, the platform promises broader applicability across core enterprise software landscapes.
What to watch next
As Conduct expands its AI capabilities to incorporate additional enterprise platforms, operators should monitor how integration with Salesforce’s CRM and Oracle’s suites impacts modernization workflows. Enhanced support may further reduce complexity in cross-application customizations and deepen automation potential.
Another key development to watch is Conduct’s ability to scale its platform and U.S. workforce to support a wider customer base while maintaining quality. Observing adoption cases, especially those involving large transformational projects or multi-year ERP upgrades, will provide insight into the platform’s operational benefits and limitations.