Kodiact raises $2.5M in pre-seed funding led by Supply Change Capital to help manufacturers manage raw-material volatility through intelligent simulation.
Amount Raised
$2.5 Million
Round Type
Pre-Seed
ChicagoManufacturingInvestors
Description
Kodiact, an intelligent simulation platform for direct materials sourcing, announced $2.5M in pre-seed funding led by Supply Change Capital, with participation from Green Circle Foodtech Ventures and Velocity Catalyst. The platform helps food, beverage, and consumer goods manufacturers manage raw materials and product costs by replacing static annual sourcing plans with dynamic strategies that update as markets move. Kodiact integrates with existing ERP systems like SAP and Microsoft Dynamics to address the growing need for direct materials procurement technology. The company was founded by entrepreneurs who previously built companies acquired by DocuSign and Workday.
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Kodiact raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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