Todd Stone
Todd Stone is the President and co-founder of Zengines, overseeing startup operations, finance, and administration. Todd is a seasoned technology executive with decades of leadership experience in enterprise software, risk management, and SaaS innovation.
Prior to Zengines, he co-founded and led ProcessUnity, the industry’s leading SaaS platform for vendor risk management, protecting global organizations from third-party risk and cybersecurity risk. Todd also held leadership roles at CSC and IBM, specializing in software development, global software deployment, and advanced technology services.
With deep expertise in scaling startups and managing complex operations, he continues to drive innovation and growth at Zengines.
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BOSTON, MA / ACCESSWIRE / November 7, 2024 / Zengines, a leading provider of AI-based data management software, today announced that it has closed its oversubscribed Series Seed Preferred round of financing, led by Hyde Park Venture Partners. The new capital will be used to further accelerate the company's product development and market growth.
This announcement follows the recent Fall 2024 release of the company's end-to-end Data Migration platform and the introduction of a new Data Lineage solution.
"We are excited to enter this new phase of growth and are grateful for the opportunity to innovate with leading global enterprises," said Caitlyn Truong, Zengines co-founder and CEO. "Our customers rely on Zengines to reduce the time, cost, and risk associated with migrating data to new systems."
The Zengines Data Migration platform has three major components:
- The Zengines Analyzer identifies data requirements for new target systems through intelligent discovery and analysis of the sources of data.
- The Zengines Mapper applies AI and machine learning to generate field and pick-list matches and transforms the data according to compliance, quality, system, and business requirements.
- The Zengines Loader moves the transformed data to the target systems directly or via load files and tests and validates the converted data.
Customers benefit because the three platform components are fully integrated and share and learn from the Active Metadata captured in one knowledge source.
"We designed the Zengines platform to help our customers during every step of the end-to-end data migration process," said Carl Drisko, co-founder and CTO. "Our new Data Lineage solution helps enterprises understand where their data comes from and the logic that was used to create it. It accelerates Mainframe Modernization and supports other Data Governance, Data Design, and Data Quality initiatives."
The Zengines Data Lineage solution traces data from databases or files through complex, multi-step processes and shows exactly where it originated and how and why it reached its transformed state. The software analyzes jobs, schedules, scripts, and COBOL source code and produces high level logic flows as well as field level logic views.
"Zengines continues to make great progress using AI technology to solve some of the industry's most challenging data migration and data management problems," said Greg Barnes, Partner at Hyde Park Venture Partners. "We were excited to lead this financing and look forward to the next phase of growth."
About Zengines
Zengines has created an entirely new way of converting data. The Zengines AI platform automates the end-to-end data migration process, reducing the time, cost, and risk associated with data conversions, system migrations, and data onboarding for a variety of business solutions. Zengines is used by leading enterprises, software vendors, and consultants across multiple industries.
Please visit zengines.ai
For additional information, please contact:
Todd Stone
Zengines President
todd@zengines.ai
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We are thrilled to announce that Zengines has been selected as one of only five startups nationwide to participate in Ally Financial's inaugural Innovation Challenge focused on Responsible AI. This recognition highlights our commitment to developing AI solutions that make data conversions frictionless while maintaining the highest standards of responsibility and security.
About the Ally Innovation Challenge
The Ally Innovation Challenge was launched in May 2025 as an Open Innovation program designed to foster learning between Ally Financial and startups that prioritize deploying AI responsibly in a safe and secure manner. The selection process was highly competitive, with less than 5% of applicants chosen to participate in this 8-week mentorship program.
Our Experience
As part of this prestigious program, the Zengines team had the opportunity to engage with Ally's AI & Technology, Risk, Security, and Supply Chain units, alongside technologists supporting all of Ally's underlying businesses. Through interactive mentoring sessions, we shared knowledge, presented our solutions to a tech-focused audience, and benefited tremendously from the expertise and feedback provided.
Why This Matters
This recognition validates our mission to help companies adopt the latest and best technologies seamlessly through frictionless data conversions. In the financial services sector, where data security and responsible AI implementation are paramount, our solutions address critical challenges that organizations face during technology transitions.
Our CEO, Caitlyn Truong, commented:
"Being selected for the Ally Innovation Challenge is a testament to our team's dedication to solving complex data migration challenges with AI while maintaining the highest standards of responsibility. The insights gained through our interactions with Ally's experts have been invaluable in refining our approach to responsible AI implementation."
About Zengines
Founded in July 2020, Zengines is an AI tech company with a vision of frictionless data conversions. Our solutions help organizations accelerate technology transformations by solving data conversion challenges with AI, reducing time, cost, and risk associated with data migrations.
Our technology allows business analysts to map, change, and move data when new data sources or systems come into the picture. Zengines is powered by AI to cover all critical steps of migrating data, including handling legacy mainframes and home-grown "black box" systems.
For more information about how Zengines can help your organization with data migration and mainframe data lineage, contact our team today.
CHICAGO, March 27, 2023 -- Zengines, the first AI-powered data conversion platform, announced today the closing of $5M in funding led by Hyde Park Venture Partners with participation from Hyde Park Angels. The funding will be used to expand product, engineering, and go-to-market capabilities.
When organizations migrate data to new applications, systems or outsourced services, Zengines automates the end-to-end data conversion process. This reduces the risk, time and cost associated with implementing new technologies.
“Organizations and their systems are in constant change,” said Caitlyn Truong, Zengines co-founder and CEO. “It’s estimated that companies spend more than $100B per year converting their data to new systems. The problem is messy and complex and limits an organization’s ability to execute their business and technology strategy. With Zengines, there’s a better way.”
The Zengines data conversion platform has three major components.
- Analyzer. Identify data requirements for new target systems and analyze the data and schemas of the source systems that are being replaced.
- Mapper. Generate field and code list matchings, perform needed data transformations, quality checks, and business rules.
- Loader. Load the target systems with the transformed data directly through load files or APIs. Test and validate that the conversion was completed correctly.
“Data conversion efforts still rely on spreadsheets to map the fields and custom code to do the heavy lifting,” said Carl Drisko, Zengines co-founder and CTO. “Zengines has developed industry-specific AI models that dramatically improve the speed at which data is analyzed, matched, transformed, and loaded into new target systems.”
“We’re thrilled to be working with the Zengines team,” said Greg Barnes, Partner at Hyde Park Venture Partners. “The founding team at Zengines is a group of industry experts solving one of the most painful problems facing all enterprises; successfully and efficiently converting critical data to new systems.”
About Zengines
Zengines has created an entirely new way of converting data. The Zengines AI platform automates the end-to-end data conversion process, reducing the time, cost and risk associated with data conversions, system migrations and data onboarding for a variety of business solutions. Zengines is used by leading enterprises, software vendors and consultants across multiple industries.
