Geniez AI
Category: AI Agents
Geniez AI provides a real-time, bi-directional data connector that bridges the gap between legacy mainframe systems and modern artificial intelligence. Geniez AI was founded in 2023. The company is led by Gil Peleg. Based in Tel Aviv, Israel. Team size: 10. Total funding raised: $6 million. Latest round: Seed. Key investors include StageOne Ventures, Canapi Ventures.
- Founded
- 2023
- Headquarters
- Tel Aviv, Israel
- Team size
- 10
- Total funding
- $6 million
Value proposition
Unlocks valuable data trapped in legacy mainframe systems for use with modern AI applications, allowing enterprises to leverage their existing infrastructure while embracing new technologies without costly and risky modernization projects.
Products and solutions
A secure, scalable, and high-performance bridge between mainframes and AI that acts as a translation layer understanding mainframe data structures and languages.
Unique value
Focused on the niche problem of connecting mainframes to AI by providing a practical, less disruptive bridge rather than replacing legacy systems.
Target customer
Large enterprises, particularly in the banking, insurance, airline, and retail sectors that rely on mainframe systems for their core operations.
Industries served
Banking, Insurance, Airlines, Retail
Technology advantage
Acts as a translation layer, enabling AI tools to understand and interact with mainframe data bi-directionally, avoiding costly modernization.
How they differentiate
Specializes in connecting LLMs and AI agents to real-time mainframe data offering a focused solution unlike broader modernization platforms.
Main competitors
IBM, AWS
Key partnerships
StageOne Ventures, Canapi Ventures
Notable customers
Not publicly available
Major milestones
Raised $6 million seed round to bridge mainframes and modern AI.
Growth metrics
Not publicly available
Market positioning
Niche, specialized enterprise integration tool bridging legacy mainframes and modern AI applications.
Geographic focus
Based in Tel Aviv, Israel, serving global markets with emphasis on North America and Europe where mainframes remain prevalent.
Patents and IP
Not publicly available
About Gil Peleg
Over 27 years in the mainframe space. Previously founded Model9 (mainframe-to-cloud startup acquired by BMC Software in May 2023), worked at BMC after acquisition, and earlier roles at IBM (storage development) and INFINIDAT.
Official website: https://www.geniez.ai/