Kodiact Raises $2.5M Pre-seed

Kodiact, a Chicago-based developer of an intelligent simulation platform for direct materials sourcing, has announced a $2.5 million pre-seed funding round. The company provides a software solution that integrates with existing ERP systems to help manufacturers analyze market data and simulate sourcing decisions to mitigate the impact of raw material volatility.

Investors

The funding round was led by Supply Change Capital. Additional participants in the round included Green Circle Foodtech Ventures and Velocity Catalyst.

Kodiact Use of Funds

Kodiact plans to use the new capital to expand its market data, simulation, and AI agent capabilities. The company also intends to accelerate its enterprise deployments with food, beverage, and consumer goods manufacturers while building strategic partnerships to expand into additional industries such as cosmetics, packaging, and chemicals.

About Kodiact

Founded in 2026 by CEO Steve Tucker, COO Dan Daehler, and CTO Jonathan Lee, Kodiact offers a platform that connects raw material purchasing to real-time market drivers. The platform allows procurement teams to simulate sourcing strategies and record decisions in a single ledger, aiming to turn market signals into actionable procurement strategy.

Funding Details

Company Website: https://kodiact.com

Company: Kodiact
Raised: $2.5M
Round: Pre-seed
Funding Date: November 2, 2026
Lead Investor: Supply Change Capital
Additional Investors: Green Circle Foodtech Ventures, Velocity Catalyst
Company Website: www.kodiact.com
Software Category: Procurement Technology
Source: https://www.globenewswire.com/news-release/2026/11/02/3393191/0/en/kodiact-raises-2-5m-to-help-manufacturers-get-ahead-of-raw-material-volatility.html