Kodesage raises €2.3M Pre-Seed for AI-powered legacy software modernisation

The Hungarian startup’s AI-powered platform streamlines modernisation and accelerates employee onboarding while ensuring compliance and data security for enterprises. 
Kodesage raises €2.3M Pre-Seed for AI-powered legacy software modernisation

Legacy software startup modernisation startup Kodesage has raised €2.3 million Pre-Seed funding.

Legacy systems, deeply embedded in enterprise workflows, present significant risks, including outdated technology, poor documentation, dependence on key employees, and performance issues. 

Enhancing them is essential for organisations to remain competitive, as outdated systems can hinder performance, increase security vulnerabilities, and drive-up maintenance costs.

However, maintaining these systems often requires continuous updates, patches, and ad hoc fixes from multiple sources, complicating employee training and escalating risks and costs. 

The Hungarian startup’s AI-powered platform streamlines modernisation and accelerates employee onboarding while ensuring compliance and data security for enterprises. 

Kodesage acts like a compass for engineers, simplifying code navigation helping to upgrade even the most complex legacy systems without any prior knowledge of the project. Built enterprise-first, the platform supports on-premise and even air-gapped deployments, ensuring compliance and data security. 

According to Gergely Dombi, Co-founder and CEO of Kodesage:

"Legacy systems are outdated and painful to manage, yet they’re still mission-critical for enterprises. 

Replacing them outright is often impossible due to high costs and risks. That’s where Kodesage comes in: our technology empowers businesses to enhance and evolve these systems without the massive upheaval of full replacements.”

Significantly, KodeSage’s platform stands out due to its lower hardware requirements compared to others like OpenAI, enhancing cost efficiency for companies. It is model agnostic, not only utilising LLMs but also allowing clients to choose preferred models.

The VC and private equity arm of OTP Group, PortfoLion Capital Partners, led the funding round. Angel investors, including three former UiPath senior executives and other enterprise software veterans, also participated.

“We’ve seen thousands of teams over the past two decades helping enterprises with their modernisation efforts, before the current generative AI wave. 

However, the AI toolkit that has emerged over the past two years has now opened up a new, even more painful part of the legacy stack for modernisation in a venture-scalable way.” said Márk Pálfalvi, Principal at PortfoLion.

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With paying customers already on board and multiple pilots underway, Kodesage will use the funding to enhance its platform and scale its go-to-market efforts. 

Lead image: Kodesage Founders: Gyorgy-Szilagyi, Gergely-Dombi and Miklos-Szurdi. Photo: uncredited. 

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