Kodesage, a London and Budapest-based enterprise software startup, has raised $6.6 million in Seed funding to accelerate the modernisation of legacy software systems used by large enterprises.
The round was led by VentureFriends, with participation from existing investor Portfolion and angel investors including Christian Szegedy, co-founder of xAI, and German football World Cup winner Mario Götze.
Founded in 2024 by Gergely Dombi, Miklos Szurdi, and Gyorgy Szilagyi, Kodesage is building an AI-powered platform that helps organisations understand, document, maintain, and modernise complex legacy software environments.
Unlocking Knowledge Hidden Inside Legacy Systems
Many large enterprises continue to rely on software systems developed decades ago to run critical business operations. While these systems remain essential, they are often poorly documented and depend on knowledge held by a shrinking number of specialists.
Kodesage addresses this challenge by creating a living knowledge layer that extracts information from source code, databases, documentation, and system configurations.
The platform enables organisations to better understand mission-critical applications, reduce reliance on legacy expertise, and accelerate modernisation projects.
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Bringing AI To Enterprise Modernisation
The company’s platform performs automated discovery across complex software environments, generates continuously updated documentation, supports code migration projects, automates testing workflows, and assists support teams with AI-powered troubleshooting.
Kodesage is designed specifically for highly regulated industries including banking, insurance, energy, telecommunications, transportation, and the public sector, where compliance, security, and data sovereignty requirements often prevent the use of cloud-based AI tools.
Unlike many AI development platforms, Kodesage operates entirely within a customer’s environment, whether on-premise, in a private cloud, or in fully air-gapped deployments.
Helping Enterprises Modernise Faster
The founders developed the concept after years of experience delivering software modernisation projects through a large technology consultancy.
They observed that many projects were delayed by fragmented documentation, limited institutional knowledge, and the complexity of maintaining aging systems.
Kodesage aims to transform these traditionally lengthy projects by enabling organisations to modernise software significantly faster while reducing operational risk and costs.
The platform currently supports a wide range of modern and legacy technologies, including Oracle Forms, PL/SQL, COBOL, PowerBuilder, and RPG.
Expanding Across Europe And The United States
The newly raised funding will support Kodesage’s expansion across Europe and the United States while accelerating investment in product development and engineering.
The company’s long-term vision extends beyond software modernisation toward what it describes as self-healing enterprise applications, where AI systems can continuously identify, test, and propose fixes with engineers acting primarily as reviewers and decision-makers.
According to CEO Gergely Dombi, legacy software remains one of the largest operational burdens facing enterprise IT departments.
“Software modernisation is rarely clean cut. In regulated environments, legacy and modern systems often coexist for years while institutional knowledge continues to disappear. Our goal is to help organisations modernise faster, reduce support costs, and ultimately move toward self-healing enterprise applications.”
About Kodesage
Kodesage is an AI-powered software modernisation platform built for regulated enterprises. The company helps organisations recover knowledge from legacy systems, automate documentation, accelerate migrations, improve testing, and support long-term software transformation while maintaining full control over sensitive data and infrastructure.
