COMPANY INFO
Moderne, Inc. is a private software development company founded in 2020 by Jonathan Schneider and Olga Kundzich. Headquartered in San Francisco, CA, with about 41 employees, Moderne specializes in automating code refactoring and remediation at scale using its proprietary OpenRewrite technology, helping developers automatically fix, upgrade, and secure codebases across multiple repositories. Website: https://www.moderne.ai. Industry: Business/Productivity Software.
Moderne, Inc. is a private software development company founded in 2020 by Jonathan Schneider and Olga Kundzich. Based in San Francisco, California, Moderne operates within the Business/Productivity Software industry and employs approximately 41-52 people. The company specializes in automating code refactoring and remediation at scale through its advanced OpenRewrite technology, helping developers automatically fix, upgrade, and secure codebases across large, complex repositories.
Moderne, Inc. funding history reflects an impressive growth trajectory, with the company raising a total of $50 million across three funding rounds. The company first secured its Seed funding in 2021 to launch its core product, followed by a substantial Series A round in 2023 focused on product development and market expansion. Their most recent Series B in 2025, which brought in $30 million, marks a significant milestone aimed at enabling mass-scale modernization of code infrastructure, particularly by leveraging AI-assisted auto-refactoring tools for application security. Moderne, Inc.'s funding strategy has consistently attracted top venture capital and institutional investors, signaling strong confidence in the company's vision and technology.
This round is focused on solving technical debt across complex enterprise codebases, advancing mass-scale code modernization, and expanding application security capabilities by integrating AI-assisted auto-refactoring.
The Series A funding was dedicated to accelerating product development efforts and expanding Moderne, Inc.'s reach into new markets and customer segments.
Seed funding supported the company’s initial launch and early-stage product development, laying the foundation for their automation platform.
A key investor, Acrew Capital led Moderne, Inc.'s $30 million Series B round. The VC firm plays a vital role in scaling Moderne's platform and enabling its technology to solve technical debt at scale using advanced AI-empowered solutions.
Morgan Stanley is recognized as a strategic institutional investor in Moderne, Inc., offering both capital and market expertise to help the company expand its footprint within the enterprise software sector.
As the lead investor in the Series A round, Intel Capital provided crucial funding and industry support for Moderne, Inc.'s product development and market expansion. Their involvement underscores strong institutional confidence in Moderne’s core technology and growth potential.
True Ventures participated as a lead investor in the Seed round, backing Moderne, Inc. from its early stages and providing guidance and capital for initial growth and product development.
Also an early supporter, Mango Capital partnered in the Seed round to help launch Moderne, Inc.'s proprietary platform and drive initial product innovations.
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