# Conduct funding: rounds and investors > Conduct has raised $72M across 2 rounds since 2025. Investors include Creandum, Index Ventures and IQ Capital. Every round with its source. Source: https://millionrounds.com/company/conduct (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Series A startup](https://millionrounds.com/companies) # Who invested in *Conduct* 2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. AI Raised 5 months ago Funding summary Updated 26 Oct 2026 **$72M** raised across 2 rounds since 2025, from 2 sources **$12M** Seed **$59M** Series A - **Latest round:** Series A, $59M Jun 2026 - **Step-up i:** 4.9× - **Investors:** 4 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2026 **$12M** Seed **$59M** Series A - **First round:** Seed, $12M - **Biggest round:** $59M - **Between rounds:** 9 months ## The rounds - **Jun 2026** Series A **$59M** *3 new* *1 returning* [Index Ventures](https://millionrounds.com/fund/index-ventures) [Creandum](https://millionrounds.com/fund/creandum) [IQ Capital](https://millionrounds.com/fund/iq-capital) [Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3) Source recorded - **Sept 2025** Seed **$12M** *1 new* [Creandum](https://millionrounds.com/fund/creandum) Source recorded ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Seed** 2025 **Series A** 2026 [Creandum](https://millionrounds.com/fund/creandum) [Index Ventures](https://millionrounds.com/fund/index-ventures) [IQ Capital](https://millionrounds.com/fund/iq-capital) [Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3) ## Everyone who backed them [Creandum](https://millionrounds.com/fund/creandum) VC firm **2** rounds [Index Ventures](https://millionrounds.com/fund/index-ventures) VC firm **1** round [IQ Capital](https://millionrounds.com/fund/iq-capital) VC firm **1** round [Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3) Growth equity **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=conduct). ## Also claim to have backed them These 2 firms list Conduct as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital) Family office Per its own site [Tenacity Capital](https://millionrounds.com/fund/tenacity-capital-2) VC firm Per its own site ## Quick answers about Conduct ### Who invested in Conduct? Conduct's investors include Creandum, Index Ventures, IQ Capital and Iconiq Capital. ### How much has Conduct raised? Conduct has raised $72M across 2 rounds since 2025. ### When did Conduct last raise? Conduct's most recent round was a Series A of $59M in Jun 2026. ### What was Conduct's biggest round? Its most recent round, $59M in Jun 2026, is also its largest on record. ### Who backed Conduct first? Conduct's first round on record, in Sept 2025, was backed by Creandum. ### What stage is Conduct at? Conduct's latest named round is a Series A, in Jun 2026. ### Where is Conduct based? Conduct is based in the United Kingdom. ## Companies like Conduct In the same sector, and raised in the last eighteen months. [**Marrow** $2.0M · Oct 2026](https://millionrounds.com/company/marrow)[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Opply** $23M · Oct 2026](https://millionrounds.com/company/opply)[**XRlabs** $8.4M · Oct 2026](https://millionrounds.com/company/xrlabs)[**Salience Labs** $169M · Oct 2026](https://millionrounds.com/company/salience-labs)[**Affinity Labs** $3.2M · Oct 2026](https://millionrounds.com/company/affinity-labs) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app