Across industries such as banking, insurance, telecommunications, and public services, some of the world’s most critical business operations still run on software systems built decades ago. These legacy platforms continue to process transactions, manage infrastructure, and support essential services, yet maintaining and modernising them has become increasingly difficult. As experienced engineers retire and institutional knowledge disappears, organisations face growing challenges in understanding, updating, and supporting complex codebases. Hungarian startup Kodesage believes artificial intelligence can help solve this problem, and the company has now secured fresh funding to accelerate its mission.
Kodesage has raised $6.6 million in a seed funding round led by VentureFriends. Existing investor Portfolion also participated in the financing, alongside several angel investors, including Christian Szegedy and Mario Götze.
The investment will support product development, engineering expansion, and the company’s go to market efforts across Europe and the United States.
Tackling One of Enterprise Technology’s Biggest Challenges
Founded in 2024 by Gergely Dombi, Miklos Szurdi, and Gyorgy Szilagyi, Kodesage focuses on helping enterprises understand and modernise legacy software environments.
For many organisations, legacy systems remain deeply embedded within daily operations. While these platforms continue to perform critical functions, upgrading or replacing them can be costly, time consuming, and risky.
Kodesage aims to reduce that complexity by creating a continuously updated knowledge layer that captures information from source code, technical documentation, and system architecture.
This enables organisations to gain a clearer understanding of how their software operates and how it can be modernised safely.
Building a Living Knowledge Layer
At the core of Kodesage’s platform is artificial intelligence designed to analyse large and complex software environments.
The system extracts information from code repositories and documentation, transforming it into a searchable and continuously updated knowledge base.
This allows engineering teams to better understand application logic, dependencies, workflows, and business processes that may have evolved over many years.
The platform helps preserve valuable institutional knowledge that might otherwise disappear as experienced developers leave organisations.
By making software systems easier to understand, Kodesage seeks to reduce risk during maintenance, migration, and transformation projects.
Supporting Legacy and Modern Technologies
One of the platform’s strengths is its ability to work across both modern and legacy technology environments.
Kodesage supports technologies including Oracle Forms, PL/SQL, COBOL, PowerBuilder, and RPG, many of which remain widely used across highly regulated industries.
The platform automates several traditionally labour intensive tasks, including codebase discovery, documentation generation, context aware code conversion, test creation, and AI assisted production support.
These capabilities help organisations accelerate modernisation projects while reducing the burden placed on internal engineering teams.
Designed for Highly Regulated Industries
The company has specifically targeted sectors where compliance, security, and operational reliability are critical.
Its customer focus includes banking, insurance, energy, transportation, telecommunications, and public sector organisations.
To address strict regulatory and data residency requirements, Kodesage operates entirely within customer controlled environments.
The platform can be deployed on premises, within virtual private clouds, or inside fully air gapped infrastructures.
This approach enables organisations to benefit from AI driven software modernisation while ensuring sensitive source code and business data never leave their own systems.
Expanding Across Europe and the US
The newly raised funding will help Kodesage expand its commercial presence in Europe and North America while continuing to enhance its technology platform.
The company also has ambitious long term goals that extend beyond software modernisation.
Its vision includes the development of self healing enterprise applications capable of continuously learning, testing, validating, and improving themselves under human supervision.
As organisations increasingly struggle with ageing software systems and shrinking pools of legacy expertise, Kodesage is positioning itself as a critical bridge between the past and future of enterprise technology. By combining artificial intelligence with deep software analysis, the company aims to help enterprises modernise faster, reduce operational risk, and unlock greater value from the systems that power their businesses.