Kodiak Robotics
Kodiak AI is a provider of AI-powered autonomous vehicle technology specializing in self-driving truck systems for long-haul freight operations. Founded by Don Burnette and based in Mountain View, California, the company develops autonomous trucking solutions with a focus on safety and commercial deployment.
Public Company
Kodiak Robotics is publicly traded
This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.
Overview
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2018
Total Funding
$599.9M
5 rounds
Last Private Valuation
$2.5B
Apr 14, 2025
Secondary Signals
1 signalRaised $100M PIPE at $6.50/share (discount to $9.10 close) plus warrants at $6.00, from Ares Management and institutional investors
Discounted PIPE plus warrant overhang signals dilution risk and liquidity pressure post-SPAC
Funding
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Rounds in grey italics are unconfirmed.
Total raised $599.9M across 5 rounds
Last updated 08-16-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| 2025 | SPAC merger (completed) | >$275M ($145M PIPE + ~$62.9M trust) | $2.5B | Ares Acquisition Corporation II (AACT) |
| Apr 14, 2025 | Pre-SPAC / Private Press release | $110M | $2.5B | Soros Fund Management, ARK Investments, Ares |
| Dec 6, 2022 | Series C CNBC | $49.9M | — | Not disclosed |
Valuation Trajectory
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Pre-SPAC / Private
$2.5B
Apr 2025
Kodiak Robotics today
$2.5B
Sep 2025 · latest mark
Kodiak Robotics multiple
1.0x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Prominent Investors
Leadership
Don Burnette
Founder & CEO
Surajit Datta
Chief Financial Officer
Michael Wiesinger
Chief Operating Officer
Jordan Coleman
Chief Legal and Policy Officer
Zsuzsanna Major
Chief People Officer
Gerhard Eschelbeck
Chief Information Security Officer
Jamie Hoffacker
Vice President of Hardware
Tyler Rosengren
Vice President of Marketing
Competitors
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Aurora Innovation
Aurora is the closest to scaled commercial deployment with its Aurora Horizon autonomous trucking service launched between Dallas and Houston in late 2024 with partnerships with PACCAR, FedEx, and Uber Freight.
Waymo Via
Waymo's autonomous trucking division with extensive testing and partnership with Daimler Truck for Freightliner Cascadia integration, though Waymo has deprioritized trucking to focus on robotaxis.
TuSimple
Autonomous trucking company that scaled back operations in the autonomous trucking market by late 2024.
Embark
Autonomous trucking startup that exited the market by late 2024.
TuPlus (formerly Plus)
International autonomous trucking company with significant progress in China market.
Inceptio Technology
International autonomous trucking company with significant progress in autonomous trucking in China.
Kodiak Robotics Investment FAQ
Kodiak Robotics FAQ
Kodiak completed its business combination with Ares Acquisition Corporation II on September 24, 2025 and began trading on Nasdaq as Kodiak AI, Inc. under KDK (warrants KDKRW) on September 25, 2025, at an equity value of approximately $2.5 billion. The transaction delivered roughly $208 million of gross proceeds — $145 million of PIPE financing plus about $62.9 million of trust cash remaining after redemptions. As a public company Kodiak raised a further $100 million in a common stock and warrant private placement announced May 7, 2026 and priced at $6.50 per share with warrants at $6.00, backed by an affiliate of Ares Management and new institutional investors; the discount to the $9.10 market price sent the stock down sharply. Kodiak reported second quarter 2026 revenue of $3.5 million, up 91% sequentially, a customer-owned driverless fleet of 35 trucks, and $151.1 million of cash and marketable securities at June 30, 2026.
Kodiak Robotics shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.
Kodiak Robotics had a valuation of approximately $2.5B at the time of its public offering. Current market capitalization fluctuates with the share price.
Kodiak Robotics raised $599.9M across 5 disclosed funding rounds prior to its public listing.
Kodiak Robotics was founded by Don Burnette in 2018.
Kodiak Robotics is headquartered in Mountain View, CA.
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