Kodesage funding news – Modernisation Startup Kodesage Secures €2.3 Million in Pre-Seed Funding

These systems need to be improved so businesses can stay competitive, as old systems can slow down performance, increase security issues, and raise maintenance costs.

Kodesage’s AI-powered platform makes it easier to modernize these systems and helps new employees get up to speed quickly, all while keeping data secure and meeting compliance standards.

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The platform guides engineers through complex systems helping them upgrade even the most difficult legacy software without needing prior knowledge. It’s built for businesses supporting both on-premise and secure deployments to ensure safety and compliance.

According to Gergely Dombi, Co-founder and CEO of Kodesage: "Legacy systems are outdated and painful to manage, yet they’re still mission-critical for enterprises.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.”

Kodesage’s platform stands out because it has lower hardware requirements than others like OpenAI, making it more cost-effective for companies. It is also flexible, allowing clients to choose their preferred models, not just relying on LLMs.

The funding round was led by PortfoLion Capital Partners, the VC and private equity arm of OTP Group. Angel investors, including three former UiPath executives and other enterprise software experts, also joined in.

Márk Pálfalvi, Principal at PortfoLion said, “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.”

Kodesage already has paying customers and several pilot projects in progress. The company will use the funding to improve its platform and expand its marketing efforts.

About Kodesage

Kodesage is a solution designed for businesses to help engineering teams understand complex software projects and modernize old systems quickly.