Fundraising Fox

Kodama Systems

Andover, US · Founded 2021 · Delaware corporation · 5 known investors

kodama.ai

Kodama builds remote-control and AI systems for logging equipment, including its RS1 system that converts skidders into remotely operated "robo-skidders." It serves loggers and forest management operations looking to increase production without adding operators or machines.

AgTechAI & Machine LearningRobotics

Founders & leadership

Kodama Systems was founded in 2021 by Merritt Jenkins.

MJMerritt Jenkins
Merritt JenkinsinCEO & Co-Founder
AS
Andrew StubbsExecutive

Board

MV
Matthew VerminskiBoard director

Investors · 5

Reported raises · per SEC filings

Form D private placements

$12.6M disclosed across 3 rounds · 2021–2025

$7MraisedOct 2025 · 13 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Matthew VerminskiDirector
  • Merritt JenkinsExecutive Officer, Director
  • Andrew StubbsExecutive Officer
Offering amount
$7M
Amount sold
$7M
First sale
Oct 2025
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5MraisedSep 2022 · 2 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Matthew VerminskiExecutive Officer, Director
  • Merritt JenkinsExecutive Officer, Director
Offering amount
$6M
Amount sold
$5M
First sale
Sep 2022
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$600KraisedAug 2021 · 4 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Merritt JenkinsExecutive Officer, Director
  • Matthew VerminskiExecutive Officer, Director
Offering amount
$600K
Amount sold
$600K
First sale
Aug 2021
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Frequently asked questions

What does Kodama Systems do?
Kodama builds remote-control and AI systems for logging equipment, including its RS1 system that converts skidders into remotely operated "robo-skidders." It serves loggers and forest management operations looking to increase production without adding operators or machines.
Who founded Kodama Systems?
Kodama Systems was founded by Merritt Jenkins in 2021.
Who are Kodama Systems's investors?
Kodama Systems's investors include Breakthrough Energy Ventures, Breakwater Ventures, Congruent Ventures, Mission One Capital, Dangerous Ventures.
How much funding has Kodama Systems raised?
Kodama Systems has disclosed $12.6M raised across 3 rounds.
Where is Kodama Systems headquartered?
Kodama Systems is headquartered in Andover, US.