Introduction
In the ever-evolving landscape of enterprise technology, legacy systems often pose significant challenges. These outdated platforms can hinder innovation, increase operational costs, and complicate integration efforts. Recognizing this gap, Conduct, a London-based startup founded by former Palantir engineers, aims to transform enterprise IT by modernizing legacy ERP systems through the power of artificial intelligence.
The Founders: A Palantir Legacy
Conduct was established in 2024 by Jan Philipp Haas (CEO), Philipp Hoefer (Chief Product Officer), and Henry Thompson (CTO), all of whom previously held engineering roles at Palantir Technologies. Their experience at Palantir, known for its data integration and analytics platforms, provided them with unique insights into the complexities of large-scale enterprise systems. Drawing from this background, they set out to address the challenges associated with legacy ERP systems.
The Problem: Challenges of Legacy ERP Systems
Enterprise Resource Planning (ERP) systems like SAP have been the backbone of many Fortune 500 companies for decades. However, these systems often consist of millions of lines of custom code, accumulated over time, leading to:
- Complexity: Difficult to understand and modify due to extensive customizations.
- High Maintenance Costs: Ongoing expenses associated with updates and troubleshooting.
- Integration Challenges: Difficulty in connecting with modern applications and platforms.
As businesses strive for digital transformation, the need to modernize these legacy systems becomes imperative.
The Solution: Conduct’s AI-Powered Platform
Conduct’s platform leverages advanced artificial intelligence to address the complexities of legacy ERP systems. Key features include:
- Code Analysis: Utilizes AI to analyze and understand existing ERP codebases, identifying areas for optimization.
- Automation: Automates routine tasks and processes, reducing manual intervention and errors.
- Integration: Facilitates seamless integration with modern applications and cloud services.
- Customization: Allows for tailored solutions that align with specific business needs and objectives.
By implementing Conduct’s platform, organizations can achieve a more agile, efficient, and cost-effective ERP environment.
The Funding: Accelerating Growth
In September 2025, Conduct secured $12 million in seed funding to accelerate the development and deployment of its AI-powered ERP modernization platform. The funding round was led by Creandum, with participation from Lucid Capital, Booom, and angel investors from Palantir, Google DeepMind, and SAP. This investment underscores the confidence in Conduct’s vision and the growing demand for solutions that modernize legacy enterprise systems.
The Market Opportunity
The global ERP market is projected to reach $78.4 billion by 2026, growing at a CAGR of 8.5%. As businesses increasingly prioritize digital transformation, the demand for solutions that can modernize legacy ERP systems is on the rise. Conduct is well-positioned to capitalize on this trend, offering a solution that not only modernizes existing systems but also enhances their functionality and integration capabilities.
The Competitive Landscape
While several companies offer ERP modernization solutions, Conduct differentiates itself through its AI-driven approach. Unlike traditional methods that often involve manual code rewrites and extensive testing, Conduct’s platform automates much of the process, reducing time and costs associated with modernization efforts.
Testimonials and Industry Insights
- Jan Philipp Haas, CEO of Conduct: “Our mission is to empower enterprises to unlock the full potential of their ERP systems through intelligent modernization. By leveraging AI, we can transform complex, legacy systems into agile, future-ready platforms.”
- Industry Analyst: “Conduct’s approach to ERP modernization is a game-changer. Their AI-powered platform addresses the core challenges of legacy systems, offering businesses a pathway to digital transformation without the typical disruptions.”
Future Outlook
With the recent funding, Conduct plans to expand its team, enhance its platform’s capabilities, and increase its market presence. The company aims to onboard several pilot customers in the coming months, with a broader rollout planned for early 2026. As the demand for ERP modernization solutions grows, Conduct is poised to play a pivotal role in shaping the future of enterprise IT.
The Founders: A Palantir Legacy
Conduct was established in 2024 by Jan Philipp Haas (CEO), Philipp Hoefer (Chief Product Officer), and Henry Thompson (CTO), all of whom previously held engineering roles at Palantir Technologies. Their experience at Palantir, known for its data integration and analytics platforms, provided them with unique insights into the complexities of large-scale enterprise systems. Drawing from this background, they set out to address the challenges associated with legacy ERP systems.
The Problem: Challenges of Legacy ERP Systems
Enterprise Resource Planning (ERP) systems like SAP have been the backbone of many Fortune 500 companies for decades. However, these systems often consist of millions of lines of custom code, accumulated over time, leading to:
- Complexity: Difficult to understand and modify due to extensive customizations.
- High Maintenance Costs: Ongoing expenses associated with updates and troubleshooting.
- Integration Challenges: Difficulty in connecting with modern applications and platforms.
As businesses strive for digital transformation, the need to modernize these legacy systems becomes imperative.
The Solution: Conduct’s AI-Powered Platform
Conduct’s platform leverages advanced artificial intelligence to address the complexities of legacy ERP systems. Key features include:
- Code Analysis: Utilizes AI to analyze and understand existing ERP codebases, identifying areas for optimization.
- Automation: Automates routine tasks and processes, reducing manual intervention and errors.
- Integration: Facilitates seamless integration with modern applications and cloud services.
- Customization: Allows for tailored solutions that align with specific business needs and objectives.
By implementing Conduct’s platform, organizations can achieve a more agile, efficient, and cost-effective ERP environment.
The Funding: Accelerating Growth
In September 2025, Conduct secured $12 million in seed funding to accelerate the development and deployment of its AI-powered ERP modernization platform. The funding round was led by Creandum, with participation from Lucid Capital, Booom, and angel investors from Palantir, Google DeepMind, Workday, and SAP. This investment underscores the confidence in Conduct’s vision and the growing demand for solutions that modernize legacy enterprise systems.
The Market Opportunity
The global ERP market is projected to reach $78.4 billion by 2026, growing at a CAGR of 8.5%. As businesses increasingly prioritize digital transformation, the demand for solutions that can modernize legacy ERP systems is on the rise. Conduct is well-positioned to capitalize on this trend, offering a solution that not only modernizes existing systems but also enhances their functionality and integration capabilities.
The Competitive Landscape
While several companies offer ERP modernization solutions, Conduct differentiates itself through its AI-driven approach. Unlike traditional methods that often involve manual code rewrites and extensive testing, Conduct’s platform automates much of the process, reducing time and costs associated with modernization efforts.
Testimonials and Industry Insights
- Jan Philipp Haas, CEO of Conduct: “Our mission is to empower enterprises to unlock the full potential of their ERP systems through intelligent modernization. By leveraging AI, we can transform complex, legacy systems into agile, future-ready platforms.”
- Industry Analyst: “Conduct’s approach to ERP modernization is a game-changer. Their AI-powered platform addresses the core challenges of legacy systems, offering businesses a pathway to digital transformation without the typical disruptions.”
Future Outlook
With the recent funding, Conduct plans to expand its team, enhance its platform’s capabilities, and increase its market presence. The company aims to onboard several pilot customers in the coming months, with a broader rollout planned for early 2026. As the demand for ERP modernization solutions grows, Conduct is poised to play a pivotal role in shaping the future of enterprise IT.
Conclusion
Conduct’s innovative approach to modernizing legacy ERP systems through artificial intelligence addresses a critical need in the enterprise technology landscape. By combining deep technical expertise with a forward-thinking vision, Conduct is not only transforming ERP systems but also setting a new standard for how businesses can leverage technology to drive efficiency and innovation.