Geniez AI raises $6 million Seed round to bridge mainframes and AI
The startup aims to bridge legacy infrastructure with modern AI without costly data migrations.
Geniez AI, an Israeli startup developing technology to connect artificial intelligence systems with mainframe computers, has raised $6 million in Seed funding co-led by StageOne Ventures and Canapi Ventures.
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The startup is targeting one of the largest challenges in enterprise computing: how to bring the reams of real-time and historical data locked inside mainframe systems into the era of large language models (LLMs) and AI agents. By providing a framework that enables those AI systems to access mainframe data without costly migrations, Geniez AI positions itself as a bridge between some of the world’s most entrenched infrastructure and the newest wave of automation technologies.
“Mainframes are at the heart of the global economy, holding the most up-to-date transaction data as well as decades of historical data which are extremely valuable for AI,” said Gil Peleg, co-founder and CEO of Geniez AI. “We’re giving enterprises the best of both worlds: the power and trust of the mainframe with the innovation and velocity of the AI ecosystem.”
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Peleg and co-founder Dan Shprung previously built Model9, a mainframe data management startup acquired by BMC Software in 2023.
Mainframes remain deeply embedded in industries such as banking, insurance, government, and retail, where they process some of the most sensitive and mission-critical transactions. Yet their very stability and long-standing role have often kept them disconnected from the latest technologies. Geniez AI’s framework, which runs natively on mainframes and uses standardized generative AI protocols, enables LLMs such as OpenAI’s ChatGPT, Anthropic’s Claude, or Meta’s Llama to tap into those systems directly, whether running on premises or in the cloud.
