AI tool for understanding legacy COBOL code
Raised to date
$1.1M
of $13M offered across 2 Form D filings
Phase Change Software LLC specializes in enhancing the manageability of complex legacy COBOL code bases, focusing on the challenges of code documentation and maintenance. They leverage artificial intelligence to reduce the cognitive burden on developers, enabling more efficient identification and modification of code sections.
Phase Change Software stands out by integrating AI into legacy system maintenance, specifically targeting challenges unique to COBOL coding environments.
$8M equity round, first sold Jan 2025: $1.1M sold, $6.9M still open
$8M round, first sold Jan 2025: $1.1M sold, $6.9M still open
| Filed | Security | Sold of offered | Filing |
|---|---|---|---|
| Jan 9, 2026 | Equity | $9K/ $5M | Form D |
| Jan 28, 2025 | Equity | $1.1M/ $8M | Form D |
Code Maintenance Tool
COBOL Colleague is an AI-powered tool that simplifies understanding and maintaining COBOL codebases, solving common challenges like outdated documentation and the complexity of legacy systems.
Built for
Organizations maintaining COBOL-based systems
