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§ Private Profile · Miami, FL, USA
Moderne is a technology company.
Moderne is a developer platform for auto-refactoring and analyzing your codebase across 1,000's of projects and millions of lines of code. Our unique IP enables you to accurately transform code in multiple repos at once and safely leverage AI for code.
Moderne has raised $50.0M across 3 funding rounds.
Moderne has raised $50.0M in total across 3 funding rounds.
Moderne has raised $50.0M across 3 funding rounds. Most recently, it raised $30.0M Series B in February 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 1, 2025 | $30M Series B | Acrew Capital | 11.2 Capital, Andreessen Horowitz, Dell Technologies Capital, EQT Ventures, Fuel Capital, Initialized Capital, Intel Capital, Mango Capital, Night Capital, Redpoint Ventures, Step Function VC, True Ventures, Jason Katzer, SAM Lambert | Announced |
| Feb 1, 2023 | $15M Series A | — | 11.2 Capital, Acrew Capital, Andreessen Horowitz, Dell Technologies Capital, EQT Ventures, Fuel Capital, Initialized Capital, Intel Capital, Mango Capital, Night Capital, Redpoint Ventures, Step Function VC, True Ventures, Jason Katzer, SAM Lambert | Announced |
| Jun 1, 2021 | $5M Seed | True Ventures | 11.2 Capital, ICONIQ Capital, NFX, Night Capital, Pareto Holdings, Redpoint Ventures, Sierra Ventures, Step Function VC, Storm Ventures, Vine Ventures LP, Amir Jerbi, Mark Weatherford, Tomer Levy | Announced |
Moderne has raised $50.0M in total across 3 funding rounds.
Moderne's investors include Acrew Capital, 11.2 Capital, Andreessen Horowitz, Dell Technologies Capital, EQT Ventures, Fuel Capital, Initialized Capital, Intel Capital, Mango Capital, Night Capital, Redpoint Ventures, Step Function VC.
Moderne is a San Francisco-based developer platform founded in 2020 that automates code refactoring, analysis, and remediation at scale across thousands of repositories and millions of lines of code[1][3][5]. It builds on open-source OpenRewrite to tackle technical debt, security vulnerabilities, software migrations, and tech stack governance, serving enterprises in the software development industry by freeing developers from tedious maintenance tasks[1][2][3][4]. With $49.7M raised (including a $15M Series A led by Intel Capital), Moderne operates as an incubator/accelerator-stage company offering private SaaS in customer-chosen clouds, delivering rapid fixes that save millions in costs and boost productivity[1][2][4].
The platform ingests Lossless Semantic Trees for precise searches and transformations via "recipes," supports multiple languages and Git tools, and includes an AI agent called Moddy for multi-repo work, all with SOC 2 Type 2 compliance for secure handling of proprietary code[3][4][5].
Moderne emerged from frustrations at Netflix, where co-founder and CEO Jonathan Schneider, part of the engineering tools team, repeatedly heard developers say, "Do it for me," regarding tedious code changes[3]. This led him to invent OpenRewrite, an open-source auto-refactoring tool using a novel Lossless Semantic Tree data model and rules-based "recipes" to rewrite code accurately while preserving style[3].
Founded in 2020, Moderne scaled OpenRewrite to multi-repository challenges, addressing collaboration hurdles in large codebases and the explosion of custom apps with vulnerabilities from third-party/open-source dependencies[1][2][3]. Early traction built on this foundation, culminating in $15M Series A funding in 2021 to commercialize continuous modernization, evolving from a tool to a full platform with AI integration like Moddy[2][3].
Moderne rides the wave of exploding codebases from rapid app development with open-source/third-party components, where vulnerabilities, dependencies, and tech debt outpace human capacity amid AI-driven DevOps and security mandates[2][3][5]. Timing aligns with enterprise pushes for modernization—e.g., Java migrations, vulnerability patching—as firms face millions in maintenance costs and regulatory pressures[1][4].
Market forces like AI coding assistants (e.g., CodeComplete) and expert collections placing Moderne in AI amplify its role, enabling continuous refactoring to streamline tech stacks and boost developer velocity[1]. It influences the ecosystem by growing the OpenRewrite community, providing tools for central teams to enforce governance, and partnering for production insights, reducing inaction cycles in massive enterprises[3][5].
Moderne is poised to dominate automated modernization as AI matures and codebases balloon, potentially expanding Moddy into full AI-driven workflows and recipe libraries for emerging frameworks[1][3][5]. Trends like zero-trust security, multi-cloud sprawl, and LLM integration will fuel growth, with its Mosaic Score rising +156 points signaling strong market potential[1].
Its influence may evolve toward platform dominance in DevSecOps, empowering non-devs in refactoring while scaling to billions of lines—ultimately redefining developer productivity from maintenance drudgery to innovation[2][4]. This positions Moderne as the essential "do it for me" engine in an era of assembled software chaos[3].