Kodesage Raises $6.6M Seed for AI Legacy Modernization
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Kodesage, a company developing an on-premise AI platform for legacy software modernisation, has raised $6.6 million in a Seed round led by VentureFriends. The round was announced on June 4, 2026. Existing investor Portfolion also took part, alongside angel investors including Christian Szegedy, co-founder of xAI, and German footballer Mario Gotze.
Based in London, England in the United Kingdom, with a second base in Budapest, Kodesage was founded in 2024 by Gergely Dombi, Miklos Szurdi, and Gyorgy Szilagyi. Dombi and Szurdi had previously built a consultancy of more than 300 people that specialised in exactly this kind of work, modernising legacy systems.
The company’s platform helps organisations understand, document, maintain, and modernise complex legacy software environments. It does this by creating a living knowledge layer that extracts information from source code, databases, documentation, and system configurations. That lets organisations better understand mission-critical applications, reduce their reliance on legacy expertise, and accelerate modernisation projects. The platform currently supports a range of modern and legacy technologies, including Oracle Forms, PL/SQL, COBOL, PowerBuilder, and RPG.
Kodesage plans to use the new funding to expand its go-to-market efforts across the US and Europe while continuing to invest in product development and engineering.