What CodeAura does

CodeAura is a privately held Canadian AI company, founded in 2023 and headquartered in Newcastle, that has built an AI platform for documenting, analyzing, and modernizing legacy mainframe and midrange systems. The platform targets a long tail of legacy languages that mainstream code-AI tools do not adequately support — COBOL, PL/I, JCL, Assembler (HLASM), RPG, CLLE, Natural, Supra PDM, and Mantis — and is positioned to address the knowledge-loss, compliance, and talent-shortage problems facing regulated enterprises running mission-critical workloads on aging stacks.

The product suite is anchored by three core capabilities — AI-Generated Documentation, a queryable Knowledge Base, and an agentic Legacy Code Migration engine — supplemented by the Elliot AI Assistant, the Multi-Agent Orchestration Engine (launched November 2025), and the Partner Growth Engine. Underlying technology includes an Agentic Code Migration Framework, Multi-Language Code Transformation, and Architecture-Conscious Refactoring, which together produce living documentation, extract business rules, map dependencies, and generate data-flow and architecture diagrams without modifying production code — enabling low-risk initial deployments. Verticalized add-ons for HIPAA-Compliant Frameworks and FHIR API Enablement extend the platform into healthcare interoperability. Target customers are large regulated enterprises in banking, healthcare, manufacturing, and aviation whose modernization roadmaps are driven by compliance mandates (HIPAA, Basel IV, FedNow, GDPR, SOX, NIST) and shrinking pools of legacy developers.

CodeAura operates an enterprise subscription model with quote-based pricing booked through direct demo engagements and a partner-led channel. Go-to-market combines enterprise field sales (Calendly-driven demos), content-led demand generation on LinkedIn and Facebook, and a growing ecosystem of consulting and SI partners including TDI LATAM (announced February 2026), Wakanda 4.0 (Mauritius, June 2024), and partner-directory participants Novipro, Easirun, Purchs, and Apex Legacy Tech. The company is founder-led by brothers Shirwan Sumaroo (CEO) and Suyash Sumaroo (CTO), with senior operator Daniel Raisch (ex-IBM, AWS) leading enterprise business development and Jonah Midanik (Forum Ventures Managing Partner) serving as advisor. As of early 2025, CodeAura had raised approximately $145,000 in seed/pre-seed funding from Forum Ventures and Right Side Capital Management — a small capital base that underscores how early the company remains in its commercialization.

Name

CodeAura

Legal name

CodeAura

Website

https://codeaura.ai

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

CodeAura is a Canadian AI platform company that automates documentation, knowledge extraction, dependency mapping, and migration of legacy mainframe and midrange codebases (COBOL, RPG, Natural, etc.) for regulated enterprises in banking, healthcare, manufacturing, and aviation.

Ownership category

akta.pro rank

Product category

Legacy Code Modernization Software

NAICS

Computer Systems Design and Related Services (5415), Custom Computer Programming Services (541511)

SIC

Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371)

akta.pro primary industry

Digital Process Automation (DPA) & Orchestration Suites (HDAEAHAF)

akta.pro secondary industries

Configuration Management Database (CMDB) Platforms (HDAEALAE), Process & Case Management Low-Code Platforms (HDAEAKAE)

Keywords

• AI code documentation
• Legacy modernization
• Mainframe intelligence
• Code migration platform
• Enterprise AI tools

Headquarters

HQ city

Newcastle

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Software Platform Subscription: AI-powered coding assistant platform providing insights and assistance in software development tasks by analyzing and processing software code. The platform is subscription-based for enterprise customers seeking documentation, knowledge management, and modernization capabilities

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

CodeAura is an AI-powered platform that analyzes legacy enterprise codebases (including COBOL, PL/I, JCL, Assembler, RPG, C, and Natural) to generate system documentation, extract business logic, map dependencies, and plan code migrations. The platform operates as a knowledge layer over existing production systems without modifying the underlying code, enabling enterprises to understand, document, and modernize mission-critical legacy applications.

Product overview

CodeAura is an AI-powered platform purpose-built for legacy and mainframe system documentation, analysis, and modernization. The core offering consists of three integrated products: AI-Generated Documentation (automatically documenting COBOL, PL/I, JCL, Assembler and other legacy languages), Knowledge Base (queryable AI-powered knowledge system), and Legacy Code Migration (agentic AI engine for code transformation). These are supported by Elliot, an AI assistant providing real-time system insights, and the Partner Growth Engine for channel partners. The platform operates on a unified codebase approach—generating living documentation that stays synchronized with code changes—and offers specialized healthcare compliance modules (HIPAA Frameworks, FHIR API Enablement) for regulated industries. Supported languages include COBOL, PL/I, JCL, Assembler (HLASM), C, RPG, CLLE, Natural, Supra PDM, and Mantis.

Differentiator

Problem solved

Functional benefit

Products and services

• AI-Generated Documentation
• Knowledge Base
• Legacy Code Migration
• Elliot AI Assistant

Quantifiable outcome

• 60-80% of COBOL code can be converted to modern languages using AI automation
• +2 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability7 records

Feature13 records

Partnerships

Four partnerships are on record, tiered major, minor and core.

• TDI LATAMmajorStrategic or Co-development Partner · 1 February 2026CodeAura and TDI LATAM partnered to accelerate AI-driven legacy modernization across Latin America. This partnership enables CodeAura to expand market presence in LATAM while TDI LATAM gains access to AI-powered documentation and migration capabilities for serving regional enterprise customers.
• Wakanda 4.0minorGTM or Marketing Partner · 1 June 2024Wakanda 4.0 is CodeAura's official representative in Mauritius, helping boost AI adoption in the region. This partnership extends CodeAura's presence in the African market through a local partner organization.
• Partner Growth Engine EcosystemcoreChannel Partner/ Reseller/ DistributorCodeAura has established a Partner Growth Engine ecosystem that enables consulting firms, system integrators, managed service providers, and technology partners to identify modernization opportunities within their customer base and deliver AI-powered modernization services. The engine combines CodeAura's technology, industry knowledge, and AI intelligence to help partners identify opportunities, understand how capabilities apply, and create customer-ready solutions.
• Forum VenturesminorStrategic or Co-development PartnerJonah Midanik, Managing Partner at Forum Ventures, serves as an advisor to CodeAura. Forum Ventures is a venture capital and advisory firm that helps companies build and deliver pitch decks proven to raise capital. Jonah supports over 60 founders per year with fundraising and business development guidance.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Astadia: Mainframe and legacy modernization consultancy offering automated migration tooling and managed services. Comparable in target customers (banks, insurers, government) and migration methodology.
• Modern Systems: Provides automated legacy modernization, including COBOL-to-Java translation and database cross-compilation. Direct competitor in the automated legacy code transformation space.
• Heirloom Computing: Specializes in automated COBOL-to-Java and COBOL-to-C# transformation and cloud-native recompilation of legacy mainframe applications. Closely comparable niche focus on legacy language transformation.
• AWS Mainframe Modernization: Amazon's managed service for migrating and modernizing mainframe workloads to AWS. Directly competes with CodeAura's Legacy Code Migration product through automated refactoring and replatforming tools.
• TSRI (The Software Revolution Inc): Automated code refactoring and documentation for legacy systems across languages including COBOL, JCL, and Assembler. Competes directly on multi-language legacy transformation and documentation.
• IBM watsonx Code Assistant for Z: IBM's generative AI assistant purpose-built for COBOL and mainframe modernization on z/OS. Competes head-on with CodeAura's COBOL documentation, business logic extraction, and modernization capabilities, backed by IBM's installed mainframe customer base.

Emerging players

• Tabnine: Enterprise AI coding assistant offering code generation, documentation, and modernization support across many languages. Adjacent competitor focused on developer productivity rather than legacy-specific documentation.

Broad incumbents

• Cognizant: Global system integrator with established Application Modernization practice serving banking, healthcare, and manufacturing — the same verticals CodeAura targets. Represents both a channel partner and a competitive threat.
• OpenText (formerly Micro Focus): Acquired Micro Focus portfolio including COBOL development environments and mainframe tooling. Larger, broader portfolio player with overlapping legacy modernization and DevOps capabilities.
• GitHub Copilot: AI code assistant with broad language coverage and enterprise distribution via Microsoft. Overlaps with CodeAura's AI-assisted code understanding and generation, though lacks deep legacy-language specialization.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/aicodeaura
• LinkedInlinkedin.com/company/codeaura
• Xx.com/codeaura_ai

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CodeAura