# Conduct raises $60M to build agentic enterprise OS > Source: > Published: 2026-06-17 13:54:31.799790+00:00 # Conduct raises $60M to build agentic enterprise OS Conduct, a London-based startup founded in 2024 by former Palantir engineers Philipp Hoefer, Henry Thompson and JP Haas, has raised **$60m** in a Series A round led by **Index Ventures** and **Iconiq**, Sifted reports. Creandum, Lucid Capital and Bloom also participated and German software vendor **SAP** provided a strategic investment and is embedding Conduct in its products, according to Sifted. Per Sifted, the raise follows an **$11m** seed round closed less than nine months earlier. Sifted reports Conduct builds an "agentic AI operating system" that uses AI agents to synthesise decades of custom enterprise business logic, and quotes JP Haas saying the platform can enable teams and external consultants "to make changes at the snap of a finger". Reported customers include **DHL** and **Fraport**, and Sifted says the startup has **38 people** and aims to grow to **100** by year end. ### What happened **Conduct** has raised **$60m** in a **Series A** round led by **Index Ventures** and **Iconiq**, Sifted reports. Creandum, Lucid Capital and Bloom participated, and **SAP** provided a strategic investment while embedding Conduct in its products, according to Sifted. Sifted also reports this raise follows an **$11m** seed round closed less than nine months earlier. The company was founded in **2024** by three former Palantir engineers, per an Index Ventures post authored by Conduct's co-founding team (Philipp Hoefer, Henry Thompson and JP Haas). ### Technical details According to Sifted, Conduct is building an "agentic AI operating system" that ingests custom code and data models across enterprise systems to synthesise business logic. Sifted quotes CEO JP Haas saying, "We can then enable the teams internally, and external consultants, to make changes at the snap of a finger instead of taking months combing through the code bases, speaking to business users and reverse-engineering what's going on." Sifted lists reported customers including **DHL** and **Fraport**, and reports the team is **38 people**, with a stated hiring ambition to reach **100** by the end of the year and a new New York office opening. ### Industry context Editorial analysis: Agentic systems that surface and act on enterprise business logic are an emerging category that combines program analysis, knowledge extraction, and automation orchestration. Companies and investors placing bets on this stack often seek two things: technical capability to map bespoke customizations across SAP, Oracle and other platforms, and distribution via partnerships with incumbent vendors. SAP's strategic investment and product embedding, as reported by Sifted, aligns with a broader pattern where platform vendors accelerate adoption by pre-integrating AI-driven automation tools. For practitioners: What to watch: Monitor integration depth and observability around change actions, because automated modifications to mission-critical ERP and supply-chain codebases raise operational risk and auditability requirements. Watch for early customer case studies from major adopters, and for independent evaluations of how well agentic approaches preserve business intent while making safe changes. Also watch the startup's hiring and product milestones reported by Sifted as indicators of execution pace. ## Scoring Rationale A **$60m** Series A for an enterprise agentic OS is notable for practitioners because it signals investor confidence and vendor partnerships (SAP) in an emerging automation category. The story is company-level funding news with potential operational implications, but not a frontier-model breakthrough. Practice interview problems based on real data 1,500+ SQL & Python problems across 15 industry datasets — the exact type of data you work with. [Try 250 free problems](/problems)