A new monotypic polypore genus, Caudicicola Miettinen, Kotir. & Kulju, is described for the new species C. gracilis Kotir., Kulju & Miettinen. The species was collected in central Finland from Picea abies and Pinus sylvestris stumps, where it grew on undersides of stumps and roots. Caudicicola gracilis is characterized by very fragile basidiocarps, monomitic hyphal structure with clamps, short and wide tramal cells, smooth ellipsoid spores, basidia with long sterigmata and conidiogenous areas in the margins of the basidiocarp producing verrucose, slightly thick-walled conidia. The genus belongs to the residual polyporoid clade of the Polyporales in the vicinity of Steccherinaceae, but has no known close relatives.