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CoreStory

Category: AI Developer Tools

An AI-powered code intelligence platform that turns legacy code into a strategic asset for continuous innovation. CoreStory was founded in 2025. The company is led by Anand Kulkarni. Based in San Francisco, USA. Team size: 11-50. Total funding raised: $32M. Latest round: Series A, $32M, October 28, 2025, led by Tribeca Venture Partners. Key investors include Tribeca Venture Partners, NEA, SineWave Ventures, Harrison Metal, Singtel Innov8, Samsung Next, Nimble Partners, Alumni Ventures.

Founded
2025
Headquarters
San Francisco, USA
Team size
11-50
Total funding
$32M

Value proposition

CoreStory unlocks the hidden intelligence in legacy code, enabling enterprises to modernize faster, maintain applications smarter, and reduce the risk of costly failures by transforming opaque systems into living, maintainable assets.

Products and solutions

AI-Powered Code Intelligence Platform, AI-Generated Coding, Developer Onboarding & Productivity, Application Governance

Unique value

CoreStory uses agentic AI to extract business logic and architecture from decades-old applications, transforming opaque systems into living, maintainable assets that organizations can safely expand. Their domain-specific AI is built to overcome the limitations of generic LLMs by ingesting legacy source code and transforming it into clear, natural-language requirements linked to a knowledge graph.

Target customer

Enterprises with large, complex, and aging software systems who are struggling with the costs and risks of maintaining and modernizing legacy code.

Industries served

Enterprises across various sectors with significant legacy code, Banking, Healthcare, Government

Technology advantage

CoreStory's agentic AI reads, maps, and documents legacy code, turning it into living specifications that make modernization safe and measurable. This reduces modernization projects from months or even years to a matter of days. The platform also helps to manage and understand AI-generated code, avoiding future 'black box' problems.

How they differentiate

CoreStory's primary differentiator is its AI-powered platform that creates a 'Code-to-Spec' model. This model automatically generates high-level specifications from legacy code, capturing business logic, rules, and architecture. This enables both human developers and AI agents to understand and modernize complex systems more accurately and efficiently. A key metric from joint research with Microsoft shows a 51% improvement in AI agent accuracy when using CoreStory's structured specifications.

Main competitors

Cognition, Stride, Modlogix

Key partnerships

Microsoft

Notable customers

Fortune 500 companies, US public sector organizations (via Carahsoft partnership), Cognition (integration with their Devin AI software engineer)

Major milestones

Launch of its AI-powered code intelligence platform, Secured $32 million in Series A funding, Conducted joint research with Microsoft, demonstrating a 51% improvement in AI agent accuracy, Integrated its platform with Cognition's Devin, an autonomous AI software engineer

Growth metrics

While specific growth metrics are not public, CoreStory claims its platform can reduce modernization projects from months to days. A key performance indicator is the 51% improvement in AI agent accuracy, validated by joint research with Microsoft. Enterprises using CoreStory report up to a 50 percent reduction in human development time.

Market positioning

CoreStory is positioned as a 'Code Intelligence' company targeting enterprises with large, mission-critical legacy systems. They focus on turning legacy code from a liability into a strategic asset, enabling organizations to modernize their technology stack with greater confidence and speed. Their target industries include finance, government, and defense.

Geographic focus

CoreStory is headquartered in San Francisco, USA, indicating a primary focus on the North American market. However, as a software company, their services have a global reach.

Patents and IP

Information on patents or IP is not publicly available.

About Anand Kulkarni

Founder & CEO at CoreStory. Previously, Founder and CEO of Crowdbotics, a platform for rapid application development, and Co-Founder and Chief Scientist of LeadGenius. Recognized in Forbes 30 Under 30.

Official website: