Companies

Moderne

moderne.ai

Moderne provides deterministic tools for secure, large-scale code modernization across enterprise software repositories.

HQSan Francisco, California, United States
Employees11-50
Funding$50M
Valuation$150m
Revenue$10m
4 active roles
Profile 6mo agoJobs checked 16h ago
Developer ToolsAI ApplicationB2B SaaSSeries A$10M-$50M

About

Moderne builds an enterprise code-management platform that helps engineering organizations remediate vulnerabilities, modernize software, and execute deterministic code changes across large, multi-repository estates. It sells primarily to large engineering teams, including Fortune 500 companies, and differentiates through repeatable, reviewable transformations that can operate across thousands or even 100,000 repositories.

Market

Moderne competes in enterprise AI-augmented code modernization, including automated refactoring, vulnerability remediation, framework migration, and estate-wide code change. It differentiates from broader coding assistants and legacy modernization suites through OpenRewrite's Lossless Semantic Tree, deterministic and reviewable recipes, and an agent-ready platform that can apply governed changes across thousands—or up to 100,000—repositories.

Target Customers

Moderne is aimed at large enterprises with thousands of repositories—particularly banks, retailers, insurers, and product organizations—that need to retire technical debt, remediate vulnerabilities, and migrate frameworks at scale. Its typical internal buyer and administrator is a central engineering or platform team, with adoption reported among Fortune 500 companies.

At a Glance

Problem

Large enterprises struggle to maintain and modernize sprawling software estates: technical debt accumulates across thousands of repositories, while security vulnerabilities, framework upgrades, language migrations, and end-of-life deadlines demand coordinated changes that are difficult to execute manually. The pain is both operational and economic—work that can take weeks or months across hundreds of applications consumes scarce engineering capacity and leaves companies exposed to security and modernization risk. Moderne’s core use case is mass remediation: applying a framework or language migration, vulnerability fix, or dependency upgrade consistently across an entire estate. Its customer examples report changes that once took weeks running in hours, including a global bank reducing a 64-hour upgrade to eight hours and an insurer automating migrations across 20 million lines of code and 1,200 repositories.

Product / Service

Moderne is an enterprise code-maintenance and modernization platform built on the open-source OpenRewrite ecosystem and the company’s proprietary scaling technology. OpenRewrite represents code as type-attributed Lossless Semantic Trees, then applies composable “recipes”—precise transformations such as dependency upgrades, method changes, security fixes, and framework migrations. Moderne precomputes and caches these structures so recipes can run across thousands of repositories in minutes rather than requiring each build to start from scratch; users can search code, inspect diffs, and create pull requests at scale for normal review through CI/CD. The platform includes multi-repository analysis and collaboration capabilities, deterministic tooling for software agents, and an air-gapped, fully on-premises option for organizations that must keep code and data within their own security controls.

Market

Moderne competes in automated code modernization, mass refactoring, technical-debt remediation, and software supply-chain security—an expanding category adjacent to AI coding assistants and legacy-application modernization tools. Gartner’s listed alternatives include TCS MasterCraft, Rocket Visual COBOL, BMC AMI DevX, Amazon Q Developer, Intellisys Platform, Mendix Platform, and Astadia, although these products span somewhat different modernization and developer-tooling use cases. Moderne has clear commercial traction rather than being pre-revenue: its case studies reference banks, retailers, insurers, and product teams, including deployments involving 50,000 repositories, 500-plus codebases, and more than 6,000 remediated issues. The company announced a $30 million Series B in February 2025; a September 2025 third-party estimate reported $4.5 million in revenue and 41 employees, so the revenue figure should be treated as an estimate rather than audited company disclosure.

Founders & Leadership

Jonathan SchneiderFounder
Chief Executive Officer & Co-Founder
Olga KundzichFounder
Chief Technology Officer & Co-Founder
Matt "Fink" FinkelsteinChief Partnerships Officer
Eric BaranSenior Vice President, Sales
Esteban ParejaVice President, Sales
Autumn MossVice President, Marketing

Funding History

2021-06
Seed$4.7M

True Ventures

2023-02
Series A$15M

Intel Capital

2025-02
Series B$30M

Acrew Capital

Recent News

2026-07-15product
Moderne Introduces Backpatch Alliance, Bringing Industrial-Scale Open Source Backpatching to Every Enterprise

Moderne launched Backpatch Alliance, a commercial backpatching product that makes the deterministic capability behind the FINOS OSERA pilot available to enterprises regardless of FINOS membership. It produces secure, drop-in fixes for common open-source libraries.

2026-05-27
Moderne Named a Visionary in the Inaugural Gartner® Magic Quadrant™ for Technical Debt Management Tools

Moderne announced that Gartner named it a Visionary in the inaugural Magic Quadrant for Technical Debt Management Tools. The recognition followed expansion of Moderne’s agent tools, Changelog, and language-support capabilities.

2026-05-19product
Moderne Introduces Changelog to Bridge Source Control and Change Control for AI-Driven, Multi-Repository Software Engineering

Moderne introduced Changelog to give engineering teams and AI coding agents a unified view of pull requests, commits, and changesets across repositories and source-control systems. The capability provides system-wide context about completed, pending, and in-review changes.

2026-05-05product
Moderne Expands Agent Tools Platform with C# Support for Deterministic .NET Transformation

Moderne added C# support, extending its governed, recipe-driven code transformation platform to .NET codebases. The initial release includes more than 700 recipes, including code-quality and migration coverage from .NET Core 1.0 through .NET 10.

2026-04-28partnership
Moderne Names GitHub Veteran Matt Finkelstein as Chief Partnerships Officer to Scale Hyperscaler and Channel Strategy

Moderne appointed Matt Finkelstein, a former GitHub partner and Microsoft go-to-market leader, as Chief Partnerships Officer. He will focus on hyperscaler and AI-model-provider partnerships, systems integrators, and regional channel relationships.

2026-03-03product
Moderne Trigrep

Moderne highlighted Trigrep, a high-speed enterprise code-search tool designed for both developers and coding agents. Its precomputed trigram index enables sub-second search across repositories while reducing the amount of context agents need to process.

2026-02-26partnership
Moderne Launches Bauhaus, a Selective Early-Stage Program Backed by Mango Capital to Support the Next Generation of Software Lifecycle Infrastructure

Moderne launched Bauhaus, a selective ongoing program for early-stage companies building software-lifecycle infrastructure, backed by Mango Capital. Participating companies receive access to Moderne’s enterprise ecosystem and investment consideration through Mango Capital; initial participants include SpecStory and Serro.

2026-02-10product
Moderne Introduces Prethink to Give AI Agents the Structured Knowledge They’ve Been Missing

Moderne launched Prethink, a capability that gives AI coding agents structured knowledge about large, multi-repository codebases. The product is intended to improve agent reasoning and shift token usage from code comprehension toward development work.

Active Roles

4
Remote/Sales/56d ago
Remote/Customer Success Manager/190d ago
Remote/Engineering/192d ago
Remote/Product/195d ago

Business Model

Moderne monetizes access to its hosted enterprise SaaS platform, with additional offerings including air-gapped deployments, managed services, and custom recipe development. Its sales motion is demo-led, and available evidence indicates customized enterprise pricing rather than publicly posted list prices.

Products

Moderne PlatformModdy multi-repo AI agentModerne Prethink and agent-tools integrationsOpenRewrite recipe catalog and custom recipe development

Customers

SquarespaceChoice HotelsInteractionsMEDHOSTAllstateWalmart

Tech Stack

OpenRewriteLossless Semantic Tree (LST)Deterministic OpenRewrite recipesSuggestive AI and LLM integrationsModel Context Protocol (MCP) agent integrationsHosted SaaS, CLI, and IDE plugins

Competitors

TCS MasterCraft
Rocket Visual COBOL
BMC AMI DevX
Amazon Q Developer
Intellisys Platform
Mendix Platform
Astadia

Key Investors

Acrew Capital; Allstate; AMEX Ventures; Morgan Stanley; TIAA Ventures; Intel Capital; Mango Capital; True Ventures