About FlowChem DRA
FlowChem DRA is a company based in Waller (United States) founded in 2001, and was acquired by KMG Chemicals in April 2017. Drag reducing additives are manufactured for pipeline flow optimization. FlowChem DRA has raised $86.5 million across 3 funding rounds from investors including Arsenal Capital Partners and KMG Chemicals. Its chief executive, as recorded, is Jon Blair.
Company details
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.
- Headquarters Waller, United States
- Stage Acquired
- Phoneβ’β’β’β’ β’β’β’β’
- Website flowchem-dra.com
- Social LinkedIn
- Acquired by KMG Chemicals (Apr 2017)
- Total Equity Funding$86.5M (USD)
in 3 rounds
- Latest Funding Round$141.5M (USD), Debt – Conventional
Oct 2015
- InvestorsArsenal Capital Partners
& 1 more
- Acquired by
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 β 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 $86.5M
- Total Rounds 3
- Last Round Debt – Conventional β $141.5M
All 3 funding rounds of FlowChem DRA with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2015 | $141.5M | Debt – Conventional | β | β | β |
| Dec 2013 | Debt – Conventional | β | β | β | |
| Dec 2013 | $86.5M | Series C | β | β | β |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments target specialty industrials and healthcare sectors. | 2000 | arsenalcapital.com | New York, United States | |
Electronic and wood treating chemicals are supplied for industrial applications. | 1986 | kmgchemicals.com | Fort Worth, United States |
Investor details for FlowChem DRA
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- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of FlowChem DRA
12 people are tracked at FlowChem DRA (8 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Shivali Agarwal | Chief Operating Officer | Leadership |
Jon Blair | CEO | Leadership |
Cris Gaut | Chairman | Leadership |
Scott Rogan | Board of Directors | Leadership |
Chris Oversby | Board Member | Leadership |
Joseph Blount | Board Member | Leadership |
Sean Rice | Board Member | Leadership |
Daniel West | Board of Directors | Leadership |
Darin Curry | Instrumentation And Controls Engineer | Team |
Bryan MacLin | Control System Manager | Team |
Michelle Blevins | Senior Accountant | Team |
Mohammed Almagsoosi | Process Engineer | Team |
Complete people profiles for FlowChem DRA
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of FlowChem DRA
5 dated milestones of FlowChem DRA across 16 years, from founding to its latest funding, stage changes and deals.
- Founded FlowChem DRA is founded.
- Funding First funding round.
- Exit Acquired by Arsenal Capital Partners.
- Funding Latest funding round, Debt β Conventional, of $141.5M.
- Exit Acquired by KMG Chemicals.
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Related news about Flowchem Dra
Complete news archive for FlowChem DRA
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Frequently Asked Questions about FlowChem DRA
FlowChem DRA was founded in 2001 and raised its 1st funding round 12 years after it was founded.
FlowChem DRA is headquartered in Waller, United States. It is registered at Waller, Texas, United States.
Jon Blair is the CEO of FlowChem DRA, as recorded in our data.
FlowChem DRA is a funded company, having raised a total of $86.5M across 3 funding rounds to date.
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.
FlowChem DRA has 2 investors. Key investors include Arsenal Capital Partners, and KMG Chemicals.
Yes. FlowChem DRA was acquired by KMG Chemicals in April 2017.

