March Private Market UpdateFebruary shows slight uptick in Forge’s investor interest prior to bank turbulence
March Private Market Update
Kodiak Robotics was founded in 2018 by Don Burnette and Paz Eshel. In 2021, Burnette told reporters that the company will continue to seek funding while evaluating options in both the private and public markets, adding that the company is "positioned as one of the last remaining private AV trucking companies with any significant progress."
Kodiak Robotics is an autonomous shipping company that is developing a fleet of self-driving trucks for long-haul transportation. In late 2022, the company won a $49.9 million contract with the Department of Defense to build autonomous vehicles for military applications. Kodiak Robotics has raised more than $240 million in venture capital funding from investors including SIP Global Partners, Muirwoods Ventures, Harpoon Ventures, StepStone Group, and Lightspeed Venture Partners. The company did not disclose valuation figures following a $125 million Series B funding round in 2021.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Kodiak Robotics does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Kodiak Robotics will be known as it becomes public. Here are similar public companies: Tesla (NAS: TSLA), Rivian (NAS: RIVN), Ford (NYS: F), Uber (NYS: UBER), Lyft (NAS: LYFT).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 11/10/2021 | Series B-1 and B-2 | $507.23MM | $XXX.XX | $XXX.XX |
| 8/7/2018 | Series A | $202.88MM | $XXX.XX | $XXX.XX |
| 4/7/2018 | Series Seed | $20MM | $XXX.XX | $XXX.XX |
Kodiak Robotics is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Kodiak Robotics pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Kodiak Robotics is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
