Hungarian Kodesage, a startup specializing in AI-powered solutions for legacy software modernization, has raised €2.3 million in pre-seed funding led by PortfoLion Capital Partners.
👯 Founder(s): Gergely Dombi, Miklos Szurdi, Gyorgy Szilagyi
📅 Founding year: 2023
🏭 Industry: AI-powered software solutions, IT modernization
💥 Problem: Legacy systems are outdated, costly, and challenging to maintain, creating bottlenecks for enterprises in terms of performance, security, and compliance.
📣 Solution: AI-powered platform that simplifies code navigation, automates documentation, accelerates employee onboarding, and maintains compliance for legacy systems.
👥 Customers: Enterprises with legacy software systems (active paying customers and pilot clients)
🌱 Stage: Pre-seed
💰 Investment amount: €2.3 million
🚀 Funded by: PortfoLion Capital Partners, former UiPath executives, and other angel investors
👁️🗨️ Investor’s perspective: “We’ve seen thousands of teams over the past two decades helping enterprises with their modernization efforts, focusing on what was productizable before the current generative AI wave. 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 modernization in a venture-scalable way. We couldn’t be more excited to team up with such a perfectly assembled founder team—György, Gergely, and Miki—to tackle this incredible opportunity,” said Márk Pálfalvi, Principal at PortfoLion.
💡 It will be spent on: Platform development and scaling go-to-market efforts
💬 In their own words: “Our AI-powered platform empowers teams to simplify and secure modernization efforts, allowing organizations to focus on building future-ready solutions instead of wrestling with technical debt.” — Gergely Dombi, Co-founder & CEO
💪 Their specialty: AI-driven modernization solutions for complex enterprise legacy systems with features such as automated documentation and accelerated onboarding
🔑 Business model: Enterprise software platform (potential SaaS and on-premise offerings)
👩🏫 Market: Enterprise IT modernization, growing need for AI-powered legacy management; market projected to hit $75 billion by 2032
📊 Traction: Paying customers and multiple active pilot programs
⚡ Competitors: Enterprise AI solutions for software modernization
