FlowChem DRA

Waller, United States Founded: 2001 • Age: 25 yrs Acquired By KMG Chemicals
Drag reducing additives are manufactured for pipeline flow optimization.

About FlowChem DRA

FlowChem DRA is a company based in Waller (United States) founded in 2001 was acquired by KMG Chemicals in April 2017.. FlowChem DRA has raised $86.5 million across 3 funding rounds from investors including Arsenal Capital Partners and KMG Chemicals.

  • Headquarter Waller, United States
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $86.5 M (USD)

    in 3 rounds

  • Latest Funding Round
    $141.5 M (USD), Debt – Conventional

    Oct 01, 2015

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    KMG Chemicals

    & 1 more

    (Apr 24, 2017)

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People of FlowChem DRA
Headcount 50-200
Employee Profiles 4
Employee Profiles
People
Darin Curry
Instrumentation And Controls Engineer

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Funding Insights of FlowChem DRA

FlowChem DRA has successfully raised a total of $86.5M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $141.5 million completed in October 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Debt – Conventional — $141.5M
  • First Round
  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2015 Amount Debt – Conventional - FlowChem DRA Valuation

investors

Dec, 2013 Amount Debt – Conventional - FlowChem DRA Valuation

investors

Dec, 2013 Amount Series C - FlowChem DRA Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in FlowChem DRA

FlowChem DRA has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Arsenal Capital Partners and KMG Chemicals. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity investments target specialty industrials and healthcare sectors.
Founded Year Domain Location
Electronic and wood treating chemicals are supplied for industrial applications.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by FlowChem DRA

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - FlowChem DRA

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Flowchem Dra Comparisons

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Competitors of FlowChem DRA

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Flowchem Dra

Arsenal to exit Flowchem for $495 mln
PE Hub8 years ago

Frequently Asked Questions about FlowChem DRA

When was FlowChem DRA founded?

FlowChem DRA was founded in 2001 and raised its 1st funding round 12 years after it was founded.

Where is FlowChem DRA located?

FlowChem DRA is headquartered in Waller, United States. It is registered at Waller, Texas, United States.

Who is the current CEO of FlowChem DRA?

Jon Blair is the current CEO of FlowChem DRA.

Is FlowChem DRA a funded company?

FlowChem DRA is a funded company, having raised a total of $86.5M across 3 funding rounds to date.

What does FlowChem DRA do?

Flowchem manufactures drag reducing additives (DRA) known as TURBOFLO to optimize the flow and throughput of pipeline systems in onshore and offshore pipeline networks. The offered product is made of long-chain hydrocarbon polymers and claims to reduce turbulence and friction within pipeline networks. Establishes a linear flow pattern within the pipeline by reducing the pressure and energy required to pump flowing fluids, thereby improving a pipelines throughput and efficiency. Can be used for transmission of light-medium-heavy crude oil, refined fuel products, and specialty fluids. Also, offers technical evaluation, product identification, injection equipment, and performance optimization services for oil gas industries.

Who are FlowChem DRA's investors?

FlowChem DRA has 2 investors. Key investors include Arsenal Capital Partners, and KMG Chemicals.

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