Kodesage, founded by Gergely Dombi, Miklos Szurdi, and Gyorgy Szilagyi, aims to enhance and modernize outdated enterprise software systems through its AI-powered platform. Their innovative solution, which operates entirely within customer-controlled environments, addresses the growing challenges in updating legacy systems crucial for regulated sectors. With a recent $6.6 million funding round led by VentureFriends, supported by Portfolion and notable angel investors, the company is poised to broaden its market presence significantly in the USA and Europe.
When revisiting past reports, the difficulties associated with legacy system modernization remain prominent. As organizations grapple with aging software and a shrinking pool of experienced engineers, Kodesage’s solution emerges as a much-needed alternative. In previous years, firms have struggled with maintaining outdated systems due to high modernization costs and complexity. Today, Kodesage leverages AI to streamline these processes, allowing for faster, more effective transitions without sacrificing operational continuity.
What Does Kodesage’s Platform Offer?
Kodesage’s platform stands out by offering seamless integration and adaptability for numerous legacy and modern technology stacks. It supports Oracle Forms, PL/SQL, COBOL, PowerBuilder, and RPG. The platform automates intricate tasks, including codebase discovery, documentation generation, context-aware code conversion, test creation, and AI-assisted production support. This automation facilitates a more efficient way for IT teams to manage essential applications that continue to rely on old software systems.
Why Focus on Regulated Industries?
Regulated industries such as banking, insurance, energy, transportation, telecommunications, and the public sector form the core focus for Kodesage due to their critical reliance on outdated software for everyday operations. These sectors require updated systems to meet modern security and efficiency standards but face obstacles such as cost, technical complexity, and a lack of experienced personnel.
To ensure compliance with data residency and regulatory requirements, Kodesage offers a solution that operates on-premise or within a secured virtual private cloud. This setup ensures that sensitive data remains within the organization’s control and avoids jeopardizing business-critical information during modernization. Through AI capabilities, the platform empowers organizations to streamline operational processes and reduce the complexity involved in system updates.
Our goal is to help organisations modernise faster, reduce operational complexity and improve support through AI-assisted tooling,
stated Gergely Dombi, CEO of Kodesage.
Moving forward, Kodesage will use its funding for expansion in the US and Europe, focusing on product development and engineering. The company aims to enable self-healing enterprise applications capable of continuously updating and refining themselves under human guidance.
Acknowledging the challenge of maintaining systems with diminishing institutional knowledge, Kodesage plans to leverage AI to aid in operational support and system management. The company’s approach targets not only system modernization but also operational simplification through advanced technological tools.
