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Based in Israel and London, Geniez AI develops an enterprise software framework that securely connects large language models and artificial intelligence agents to real-time mainframe data without requiring costly system migrations or specialized legacy expertise. The platform enables financial institutions, government agencies, and global airlines to build automated applications for complex data analysis and strategic decision-making using their existing historical and transactional records. Operating natively on mainframe infrastructure, the system supports seamless integrations with prominent commercial and open-source language models, including ChatGPT and Claude. The venture-backed startup has raised $6 million in seed funding through a financing round co-led by institutional investors StageOne Ventures and Canapi Ventures. The enterprise software provider, whose creators previously built a mainframe data management company acquired by BMC Software, was founded in 2025 by Gil Peleg and Dan Shprung.
Geniez AI has raised $6.0M across 1 funding round.
Geniez AI has raised $6.0M in total across 1 funding round.
Geniez AI is a technology company that builds a pioneering enterprise framework to connect Large Language Models (LLMs) and AI agents with real-time data from legacy mainframe systems. Its platform enables enterprises—especially in sectors like finance, insurance, retail, government, and healthcare—to leverage the vast, critical transactional and historical data stored on mainframes for AI-driven analysis, automation, and intelligent decision-making without costly infrastructure overhauls. By bridging generative AI capabilities with trusted mainframe environments, Geniez AI empowers organizations to enhance decision-making, improve customer experiences, accelerate innovation, and reduce operational costs[1][2][3][4].
Founded in 2025 by Gil Peleg (CEO) and Dan Shprung (CRO), the team behind Geniez AI has deep roots in mainframe innovation, having previously built Model9, a company that revolutionized mainframe cloud storage access and was acquired by BMC Software in 2023. Their experience and passion for mainframes inspired them to bring generative AI to this critical but traditionally slow-moving infrastructure. The idea emerged from the recognition that mainframes hold the most up-to-date and historical data essential for AI applications, yet integration with modern AI tools remained a challenge. Early traction included closing a $6 million seed funding round led by StageOne Ventures and Canapi Ventures, validating market demand and investor confidence in their approach[1][2][4][5].
Geniez AI rides the wave of growing enterprise investment in generative AI while addressing a critical bottleneck: the integration of AI with legacy mainframe systems that still underpin much of the global economy. The timing is crucial as organizations seek to unlock the value of decades of transactional data stored on mainframes without risking security or incurring massive modernization costs. By enabling seamless connectivity between mainframes and modern AI ecosystems, Geniez AI facilitates digital transformation, operational agility, and competitive advantage in industries heavily reliant on mainframe infrastructure[1][2][4].
Looking ahead, Geniez AI is poised to expand its engineering and sales teams, deepen partnerships with enterprise technology providers, and enhance integration with generative AI platforms. As AI adoption accelerates across regulated industries, Geniez AI’s role as a bridge between trusted mainframe environments and cutting-edge AI will likely grow, shaping how enterprises innovate while preserving critical legacy investments. Their influence may extend beyond connectivity to becoming a foundational enabler of AI-driven business transformation in mainframe-dependent sectors[2][4][5].
In essence, Geniez AI is unlocking a new frontier by letting the "genie out of the bottle"—bringing the magic of generative AI to the heart of the global economy’s most trusted computing platform[1].
Geniez AI has raised $6.0M across 1 funding round. Most recently, it raised $6.0M Seed in September 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2025 | $6M Seed | Yuval Cohen | Grove Ventures, StageOne Ventures, Amit Agarwal, Benny Schnaider, Zack Kanter | Announced |
Geniez AI has raised $6.0M in total across 1 funding round.
Geniez AI's investors include Yuval Cohen, Grove Ventures, StageOne Ventures, Amit Agarwal, Benny Schnaider, Zack Kanter.
