Kodiak Robotics Stock: Steering Toward an IPO?
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Explore the potential to own Kodiak Robotics stock as the company builds a viable business on the road to an IPO.
Table of Contents
Notable Kodiak Robotics News
02/01/2024: Setting the Stage for an Autonomous Future
11/09/2023: Kodiak Awarded Contract for U.S. Army RCV Program
12/06/2022: Kodiak Technology Drives National Security
11/11/2021: Kodiak eyes the future with $125M Series B
Older news…
About Kodiak Robotics
Kodiak Robotics believes in the future of autonomous trucking, building and operating self-driving trucks.
Founded in 2018 by Don Burnette, a veteran of Google’s self-driving car project, it began with a goal of reducing accidents involving long-haul trucking by incorporating autonomous technology.
It grew quickly, going from software simulation to customer deliveries only a year later.
In 2024, for example, it announced with J.B. Hunt and Bridgestone that they had collaborated on more than 50,000 autonomous long-haul trucking miles between South Carolina and Dallas with zero accidents and a 100% on-time rate.
Autonomous trucking, like robotaxis, opens the potential for 24/7 driving, extended trips, and more overnight hauling when traffic is lower. It also addresses labor shortages and cost variability.
As the company has grown, it has expanded to new industries, including defense, with a $49.9 million agreement with the U.S. Army. Its partnerships now include industry leaders such as Maersk, IKEA, and C.R. England.
Kodiak Robotics headquarters are in Mountain View, CA.
Here’s a promotional video setting the stage for the autonomous trucking future.
Ownership
Kodiak Robotics is a venture-backed backed startup. Investors include the founders, employees, and multiple venture capital firms.
Venture capital investors include SIP Global Partners, Lightspeed Venture Partners, Battery Ventures, CRV, Muirwoods Ventures, Harpoon Ventures, StepStone Group, Gopher Asset Management, TriplePoint Capital, Tusk Venture Partners, Walleye Capital, Bridgestone Americas, BMW iVentures, and Aliya Capital Partners.
Funding Rounds
Round | Date | Est. Valuation | Raise Amount | Price |
---|---|---|---|---|
Early Stage VC | 09/07/23 | NA | $75.00M | NA |
Series B1 | 10/21/21 | $506.34M | $125.00M | $2.34 |
Series A | 08/06/18 | $210.00M | $40.00M | $1.48 |
Seed | 04/01/18 | $20.00M | $3.00M | $0.44 |
Source: Caplight |
In 2022, Kodiak Robotics was also awarded $49.9 million by the Department of Defense to support the Army’s Robotic Combat Vehicle (RCV) program.
Valuation
The latest confirmed Kodiak Robotics valuation is $506 million based on the $125 million Series B1 funding round completed in October 2021.
IPO Potential
The Kodiak Robotics IPO date is unknown and unlikely in the next few years.
The company is in the early stages of scaling its product and must refine its technology and business model before considering its public future.
If the company decides to pursue a public listing, watch for reporting about exploring a possible IPO with investment banks or a confidential S-1 filing with the SEC.
Bookmark this page for the latest developments.
How to Invest in Kodiak Robotics Stock
Retail investors may be able to invest in Kodiak Robotics today by monitoring popular venture capital funds and pre-IPO marketplaces outlined below.
Accredited investors may find direct investment opportunities as more shares become available on pre-IPO investing platforms.
1. Monitor pre-IPO Marketplaces for Share Availability
Investors can monitor pre-IPO investing platforms such as Linqto, Hiive, EquityZen, and Forge Global for share availability.
These platforms allow employees and early shareholders to liquidate shares when there is limited liquidity elsewhere. Accredited retail investors can sometimes find investment opportunities, often at lower valuations than the most recent funding round.
Investment minimums range from $2,500 to $50,000 or more on these platforms. But the share availability of a company of this size is limited.
Investors can sign up for free access to pre-IPO data and alerts and monitor startup share availability.
Non-accredited investors can invest in pre-IPO companies is via the Fundrise Innovation Fund, which holds startups like Databricks, Canva, Anthropic, Anduril, and others through the Fund. Unfortunately, Kodiak Robotics is not part of the portfolio at this time.
Check out our list of top pre-IPO investing platforms for current share availability across platforms.
Please note: This is a testimonial in partnership with Fundrise. We earn a commission from partner links on AccessIPOs.com. All opinions are my own.
2. Participate in the Kodiak Robotics IPO
Multiple prominent venture capital firms have invested in Kodiak Robotics. If the business model is scalable, we’ll likely see an acquisition or IPO in the coming years.
The chances of an IPO may increase if artificial intelligence companies start to IPO in a receptive environment.
IPO investors may find opportunities to invest during the IPO when it arrives — acquiring shares at the IPO price the day before the stock begins trading on the open market.
Once reserved for Wall Street’s wealthiest customers, IPO access has become more attainable to retail investors in the past few years.
The following online brokers give customers free access to IPOs, even with low account balances:
TradeStation has a longer track record of accessing more than 360 IPOs and secondary offerings via its partnership with ClickIPO.
But Robinhood has the advantage of Silicon Valley networks and a history of getting more allocations in recent years.
Read the S-1 filings to find mentions of these online brokers to find opportunities.
Check out this list of best brokers for IPO investing to learn more about IPO access for retail investors.
3. Buy the stock after the IPO
Even for seasoned investors like many of our readers, gaining access to pre-IPO shares or securing an allocation during the IPO, potentially years down the road, is somewhat uncommon.
However, waiting can be worthwhile. IPO filings open a gateway of valuable financial insights, and each quarter adds more depth to the public company’s operations.
IPOs can sometimes give us quick gains, especially for companies in high demand. Timing is critical — being an early investor can lead to lucrative gains when strategically selling during a peak.
For those without IPO access, the post-IPO temptation to grab shares at inflated prices is real. Resist the urge to chase overpriced shares when shares begin trading.
History shows that stock prices often dip after the initial enthusiasm, creating attractive price entry points for long-term investors.
Selectivity and patience can distinguish between a huge gain and a devastating loss. The most groundbreaking companies tend to command higher valuations a decade down the line.
So, resist the urge to follow the crowd and focus on the long game for potential lasting wealth.
Frequently Asked Questions (FAQs)
Is Kodiak Robotics Stock Publicly Traded?
No. Kodiak Robotics is not publicly traded.
What is the Kodiak Robotics Stock Symbol?
There is no Kodiak Robotics stock symbol yet because it is a private company.
Here are a few Kodiak Robotics ticker suggestions that are available in the U.S.:
- KROB
- KRBS
- KDK
- KDKR
What is the Kodiak Robotics Stock Price?
Since Kodiak Robotics stock is not publicly traded on a stock exchange, there is no public stock price yet. Pre-IPO marketplace data can offer some guidance on current price.
The October 2021 Series B1 funding round was completed at $2.34 per share.
Where is the Kodiak Robotics S-1 Filing?
Kodiak Robotics has yet to release an S-1 filing to the public. There is no evidence of a confidential S-1 filing yet.
News of a confidential or public S-1 filing would kick off the IPO process, suggesting the IPO could occur during the following two to six months.
When the company releases the S-1 filing to investors, we’ll link to and embed the document on this web page.
In the meantime, you can check out the most recent S-1 filings in our S-1 filings feed.
Kodiak Robotics News Archive
08/07/2018: As Uber Gives up on Self-Driving Trucks, Another Startup Jumps In
Conclusion
Kodiak Robotics is a notable technology and AI startup that represents the disruptive potential of autonomous trucking.
It combines the latest technologies with an objective of improving the safety of logistics and transportation.
Its rapid growth and hitting milestones like becoming an operational partner with industry leaders underscores its commitment to safety, efficiency, and scalability.
Kodiak is a frontrunner in a sector that is likely to reshape global supply chains. However, the timing of its impact and the path to an IPO remains uncertain since trucking is capital-intensive and subject to regulatory challenges.
The company’s emphasis on zero accidents and 100% on-time delivery hints at the technological benefits while nodding at the broader societal implications of reducing human error in transportation.
Significant hurdles remain.
First, Kodiak Robotics must refine its technology. Then, demonstrate to venture capital investors a viable business model and pursue additional funding. All while navigating the public’s skepticism of safety and autonomous driving before it can achieve widespread adoption.
Kodiak’s success will depend on maintaining its innovation edge while proving the economic and operational viability of autonomous trucking at scale.
Individual investors interested in Kodiak Robotics stock can monitor pre-IPO marketplaces and venture capital funds for availability. As the company grows and raises additional capital, more opportunities may arise.
Craig Stephens is a former IT professional who left his 19-year consulting career at the IRS to be a full-time finance writer. A DIY investor since 1995, he started Access IPOs in 2016 to provide a resource for ordinary investors pursuing access to IPOs. Craig studied Finance at Michigan State University and lives in Northern Virginia with his wife and three children. Learn more about Craig.
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