Diligence memo · auto-generated · as of July 2, 2026
Kodex, Inc.
Kodex, Inc. has raised $31M over 3 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Kodex, Inc. operates in Govtech / Public Sector, based in BOSTON, MA, USA; Remote. Easiest way for companies to process data requests from governments
Sub-sector tags: Compliance, GovTech, LegalTech, Regtech, saas.
Capital & rounds (filed)filed
Kodex, Inc. has raised $31M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $21M on 2025-09-04.
Most recent recorded round closed around 2025-09-04.
Valuation (modeled)modeled
Provath models Kodex, Inc. at approximately $105M (range $55M–$150M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 26 months.
Last raise 10 mo ago; this sector typically re-raises about every 9 months.
Raising on or ahead of the sector's normal rhythm.
The last round stepped up 2.1× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 98% of Govtech / Public Sector peers (46 compared).
Modeled value ranks above 98% of those peers.
Closest niche peers: Almetra.
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.