Kodesage announced that it has raised $6.6 million in seed funding to help enterprises modernize mission-critical legacy software systems. The round was led by VentureFriends, with participation from returning investor Portfolion and a group of angel investors that included Christian Szegedy, co-founder of xAI, and World Cup-winning soccer player Mario Götze.
The company is focused on helping organizations manage and modernize software that was often built decades ago using technologies such as Oracle Forms, COBOL, PL/SQL, and RPG. These systems continue to power critical operations across industries including banking, insurance, energy, and government, but many of the engineers who originally developed them are retiring, creating a growing knowledge gap.
Kodesage addresses this challenge through a platform that can be deployed on-premise, within a virtual private cloud (VPC), or in fully air-gapped environments. The platform extracts institutional knowledge embedded within legacy codebases and creates a living knowledge layer that can be utilized by both engineers and AI agents while ensuring that code and data remain within the organization’s environment.
The company’s AI agents support modernization initiatives by documenting systems, maintaining current documentation, converting legacy code into modern programming targets, generating tests in parallel, and assisting with the operation of live systems. According to Kodesage, no source code or data leaves the customer’s infrastructure.
Looking ahead, Kodesage is building toward what it describes as self-healing enterprise applications, where AI agents continuously identify issues, propose fixes, test and validate solutions, and present recommendations for engineer review and approval.
The new funding will be used to accelerate the company’s go-to-market efforts across the United States and Europe while expanding its engineering and product teams.
