Kodiact Raises $2.5M in Pre-Seed Funding Led by Supply Change Capital
Nov 3, 2026 | By Devin Jacobs
SUMMARY
- Kodiact raised $2.5 million in pre-seed funding.
- The funds will support product development and expansion.
- Kodiact helps manufacturers manage raw material sourcing.
Kodiact, a San Francisco, CA-based provider of an intelligent simulation platform for direct materials sourcing, has raised $2.5 million in a pre-seed funding round.
The round was led by Supply Change Capital with participation from Green Circle Foodtech Ventures and Velocity Catalyst.
The company will use the funds to expand its market data, simulation and AI agent capabilities, increase enterprise deployments and build strategic partnerships across industries with high raw-material spending.
What is Kodiact?
Kodiact provides a platform that helps manufacturers manage raw-material sourcing and respond to changes in commodity prices.
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The platform connects with existing enterprise resource planning (ERP) systems, including SAP and Microsoft Dynamics. It links the materials a company purchases to the market factors that influence their prices.
When commodity prices change, Kodiact helps procurement teams identify which products and profit margins may be affected. It also recommends possible actions and allows teams to simulate decisions before implementing them.
The platform records purchasing decisions and their outcomes in a central ledger. This helps businesses retain procurement knowledge and use past decisions to guide future strategies.
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How Much Funding Has Kodiact Raised?
Kodiact has raised $2.5 million in its pre-seed funding round. Details of any previous funding rounds or total capital raised were not disclosed.
Who Invested in Kodiact’s Pre-Seed Round?
The $2.5 million round was led by Supply Change Capital.
Other participating investors include Green Circle Foodtech Ventures and Velocity Catalyst.
Why the Funding Matters
Kodiact plans to use the funding across three main areas.
First, it will expand its market data coverage, simulation tools and AI agent capabilities. Second, it will increase enterprise deployments among food, beverage and consumer goods manufacturers.
The company also plans to build strategic partnerships and enter other industries where raw materials account for a significant share of business spending.
Who founded Kodiact?
Kodiact was founded in 2026 by Steve Tucker, Dan Daehler and Jonathan Lee.
The company is based in Chicago and San Francisco.
“When I was trading cocoa, the best buyers carried the whole market in their heads, and when they left, that knowledge left with them,” said Steve Tucker, Co-Founder and CEO of Kodiact. “Thirty years later, most manufacturers still manage their highest cost on spreadsheets.
Market and Business Growth
Kodiact launched in May 2026 and already covers more than 500 raw materials across 23 categories.
The company initially focuses on food, beverage and consumer goods manufacturers, helping procurement teams understand market movements and assess their impact on purchasing costs and product margins.
Its platform is designed to work with existing ERP systems rather than requiring businesses to replace their current infrastructure.
What Happens Next?
Kodiact plans to strengthen its data and AI capabilities, expand enterprise deployments and develop new industry partnerships.
Alongside its existing focus on food, beverage and consumer goods manufacturers, the company intends to explore industries with significant raw-material spending.
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