Diligence memo · auto-generated · as of July 2, 2026
Kemin Industries, Inc.
Kemin Industries, Inc. has raised $460M over 9 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Kemin Industries, Inc. operates in Manufacturing / Industrial, based in DES MOINES.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Kemin Industries, Inc. 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 Industries, Inc. at approximately $286M (range $197M–$359M). 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 13 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 Manufacturing / Industrial peers (629 compared).
Modeled value ranks above 98% of those peers.
Closest niche peers: Rivet Industries, Inc..
Peoplefiled
6 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.