Diligence memo · auto-generated · as of July 3, 2026
Kemin Foods, L.C.
Kemin Foods, L.C. has raised $460M over 9 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Kemin Foods, L.C. operates in Agtech / Foodtech, based in DES MOINES.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Kemin Foods, L.C. has raised $460M in disclosed capital across 9 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $100M on 2018-10-15.
Most recent recorded round closed around 2025-11-21.
Valuation (modeled)modeled
Provath models Kemin Foods, L.C. at approximately $266M (range $182M–$333M). 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 20 months.
Last raise 7 mo ago; this sector typically re-raises about every 14 months.
Raising on or ahead of the sector's normal rhythm.
The last round stepped up 2.5× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 100% of Agtech / Foodtech peers (481 compared).
Modeled value ranks above 96% of those peers.
Peoplefiled
4 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.