The former Intel Capital Senior Managing Director will lead operations and execution as Moderne expands its deterministic tools for AI coding agents.

Moderne, the deterministic foundation for enterprise AI coding agents, today announced that Nick Washburn has joined as Chief Operations Officer. At Intel Capital, Washburn worked on the firm’s lead investment in Moderne’s $15 million Series A and its follow-on investment in the company’s $30 million Series B. He served on Moderne’s board from the Series A until he left Intel Capital in August 2026.

Washburn’s relationship with Moderne predates Intel Capital’s investment. He has worked closely with co-founders Jonathan Schneider and Olga Kundzich since 2020.

“After years of backing founders, I had a strong urge to build alongside them. Jonathan and Olga were my first call,” said Washburn. “I led Intel Capital’s investment in their Series A. My conviction in their vision has only grown since. AI coding agents promise speed, but in complex enterprise codebases they stall for lack of context. Moderne is the deterministic engine that gives agents that context and lets organizations change code safely and provably at enterprise scale. Joining this team now is an extraordinary opportunity.”

As COO, Washburn will lead operations and execution across the business. His appointment comes as the company broadens its work from automated code modernization to providing the code intelligence and deterministic execution tools that AI coding agents need to make changes across enterprise repositories. Moderne enters that next phase as a Leader in the inaugural Gartner® Magic Quadrant™ for AI-Augmented Code Modernization Tools and a Visionary in the inaugural Gartner® Magic Quadrant™ for Technical Debt Management Tools, both published this year.

“We are building the infrastructure enterprises use to run AI-driven software engineering across entire codebases,” said Schneider. “Nick has seen our business up close from the board for nearly five years, and he understands what it will take to scale it. As our customers put AI coding agents to work across tens of thousands of repositories, he is the right leader to run our operations.”

Washburn spent nearly 12 years at Intel Capital, the last eight as a Senior Managing Director. He was a voting member of the firm’s investment committee and co-managed its cloud investment domain, focusing on early-stage investments in developer tools, cloud-native infrastructure, AI and data platforms. He has served as a director or board observer at 12 companies, including Fly.io, Freshpaint, Truffle Security and Augtera Networks, which Nvidia acquired in 2024.

About Moderne

Moderne gives AI coding agents and engineering teams a deterministic way to understand and change code across thousands of repositories at once. As agents take on more of how software is built and maintained, Moderne lets enterprises scale AI-driven engineering as a continuous practice rather than one project at a time. Moderne’s platform is built on OpenRewrite, the open-source automated code refactoring project. Moderne helps organizations scale AI-driven engineering with organization-wide intelligence and governed execution, continuously improving software quality while maximizing the value of their AI investments. Based in Miami, Moderne investors include Acrew Capital, Intel Capital, True Ventures, Mango Capital, Morgan Stanley Ventures, Amex Ventures, and TIAA Ventures. To learn more, visit https://moderne.ai.

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AI coding agents promise speed, but in complex enterprise codebases, they stall for lack of context. Moderne is the deterministic engine that gives agents that context.” – Nick Washburn, COO, Moderne