What is Moderne?
Moderne is a pioneering technology firm that leverages the OpenRewrite framework to facilitate automated code refactoring and analysis across distributed, multi-repository environments. By enabling developers to execute large-scale code transformations programmatically, the company effectively addresses the persistent challenge of technical debt. Its platform is designed to drive business efficiency by reducing the manual overhead associated with maintaining legacy systems and upgrading software dependencies.
In the current market landscape, Moderne occupies a vital niche at the intersection of DevOps and automated software engineering. Its solution is particularly relevant for large enterprises that manage massive codebases and require consistent, high-speed updates across diverse teams. By automating the remediation of security vulnerabilities and architectural shifts, Moderne empowers engineering organizations to focus on innovation rather than maintenance.
How much funding has Moderne raised?
Moderne has raised a total of $30M across 1 funding round:
Series B
$30M
Series B (2025): $30M with participation from Morgan Stanley, Acrew Capital, Intel Capital, True Ventures, TIAA, Allstate Corp, and Mango Capital
Key Investors in Moderne
Morgan Stanley
A leading global financial services firm providing comprehensive investment banking, securities, and wealth management services to corporations and institutions worldwide.
Acrew Capital
A multidisciplinary venture capital firm that partners with founders from early to growth stages, emphasizing emotional intelligence and long-term strategic conviction.
Intel Capital
The investment arm of Intel, focusing on high-growth technology sectors including artificial intelligence, datacenter infrastructure, and next-generation computing.
What's next for Moderne?
With this major enterprise-level funding, Moderne is set to embark on an aggressive growth phase, focusing on scaling its platform to meet the needs of global corporations. The strategic roadmap includes enhancing the automation capabilities of its core engine and expanding its integration ecosystem to support a wider array of programming languages and frameworks.
The company's focus will likely shift toward deepening its penetration in sectors where technical debt poses a significant risk to operational agility, such as financial services and large-scale cloud infrastructure. By maintaining its commitment to open-source principles while delivering enterprise-grade reliability, Moderne is well-positioned to become an indispensable component of the modern software development lifecycle. The firm will continue to prioritize the development of tools that not only automate code changes but also provide deep insights into codebase health and maintainability.
