CoreStory, a San Francisco, CA–based code intelligence company, has raised $32 million in Series A funding.
Investors
The round was led by Tribeca Venture Partners, NEA, and SineWave Ventures, with participation from Harrison Metal, Singtel Innov8, Samsung Next, Nimble Partners, and Alumni Ventures.
Tribeca Venture Partners is a New York–based early-stage venture capital firm founded in 2011. It focuses primarily on companies that use emerging technologies to create or disrupt large markets. TVP typically leads Series A rounds, concentrating on sectors such as SaaS, marketplaces, fintech, and AI.
NEA is a global venture capital firm dedicated to helping entrepreneurs build transformational businesses across multiple stages, sectors, and geographies. Founded in 1977, NEA manages more than $27 billion in assets under management (AUM) and invests in technology and healthcare companies at all stages of their lifecycle from seed to IPO.
SineWave Ventures is an early-stage venture capital firm focused on investing in transformative enterprise technology, with primary emphasis on cybersecurity, data and analytics, networking, and advanced computing. Its core strategy is to partner with startups that can scale across both commercial (Silicon Valley) and public-sector (Washington, D.C.) markets. The firm’s track record includes more than 280 portfolio company IPOs and over 470 mergers and acquisitions.
CoreStory Use of Funds
The company will use the funds to advance its agentic AI platform, expand enterprise adoption, and accelerate efforts to modernize and future-proof legacy code systems globally.
About CoreStory
CoreStory is an AI-powered code intelligence company that leverages AI-driven intelligence models to reimagine and accelerate legacy migration and application maintenance. Its proprietary model ensembles and agentic workflows document the business and technical insights locked in legacy code. Headquartered in San Francisco, California, CoreStory’s mission is to tackle one of enterprise technology’s most costly challenges: understanding and modernizing the trillions of lines of legacy code that still power critical systems.
Funding Details
Company: CoreStory
Raised: $32.0M
Round: Series A
Funding Date: October 2025
Lead Investors: Tribeca Venture Partners, NEA, SineWave Ventures
Additional Investors: Harrison Metal, Singtel Innov8, Samsung Next, Nimble Partners, Alumni Ventures
Company Website: https://corestory.ai/
Software Category: AI / Code Intelligence
Source: https://www.businesswire.com/news/home/20251028246851/en/