About Poet
Poet is an Energy & Utilities company based in Sioux Falls (United States) founded in 1983 by Jeff Broin. Develop natural, renewable food sources and alternatives to petrochemicals. Poet has raised $53.8 million across 8 funding rounds from investors including Norwest Equity Partners and OSTI.GOV. The company has 1,647 employees. Its chief executive, as recorded, is Jeff Broin. Its website poet.com draws about 39 thousand monthly visits. Its focus areas include Energy, Bioenergy, Biofuels and Production.
Company details
Founded in 1983 in Sioux Falls, United States, POET operates in the biorefining sector, focusing on ethanol production and related products. Corn-based and cellulosic ethanol are manufactured, alongside animal feed, oils, lubricants, and specialty chemicals. Corn oil and proteins are extracted for biodiesel applications. The company, previously known as Broin Companies, adopted its current name in 2007.
- Total Equity Funding$53.8M (USD)
in 8 rounds
- Latest Funding Round$53.8M (USD), Series C
May 2014
- InvestorsNorwest Equity Partners
& 1 more
- Employee Count1,647
Funding Insights of Poet
Poet has successfully raised a total of $53.8M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $53.8 million completed in May 2014. 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 $53.8M
- Total Rounds 8
- Last Round Series C — $53.8M
- First Round $12.01M
(Sep 2007)
- Investors Count 2
All 8 funding rounds of Poet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
2 investors in total: 2 institutional.
Investors in Poet
Poet has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Norwest Equity Partners and OSTI.GOV.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PE firm investing in the US | nep.com | Minneapolis, United States | ||
Scientific and technical information is managed and disseminated by OSTI.GOV. | osti.gov | Oak Ridge, United States |
Investor details for Poet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Poet
93 people are tracked at Poet (38 in leadership, 55 in team); the tracked headcount is 1,647.
| Name | Role | Group |
|---|---|---|
Jeff Broin | Founder & CEO | Leadership |
Ben Sweat | COO | Leadership |
Kari Rahm | Director Of International Logistics | Leadership |
Peter Castelli | Senior Vice President And General Counsel | Leadership |
David Wood | Regional Vice President | Leadership |
Zach McCotter | General Manager | Leadership |
Lezlee Herdina | Director Of Financial Planning & Analysis | Leadership |
Autumn Bates | VP Of People & Culture | Leadership |
Laura Martin | Product Development Director | Leadership |
Teena Coad | Director, Business Applications And Development | Leadership |
Andrew Baker | Director Of Merchandising | Leadership |
Jeremy Jacobs | General Manager | Leadership |
Derek Schultz | General Manager | Leadership |
Austin Broin | Director Of Terminal Operations | Leadership |
Brock Weeldreyer | Fermentation Research Director | Leadership |
Jeff Pinkerman | Chief Financial Officer | Leadership |
Shamryn Holzwarth | VP Of Transportation And Logistics | Leadership |
Isaac Crawford | VP Of Trading & Merchandising | Leadership |
Chris Hanson | General Manager | Leadership |
Leann Walker | Senior Finance Business Partner | Leadership |
73 more people are available in the full profile.
Complete people profiles for Poet
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 Poet
3 dated milestones of Poet across 31 years, from founding to its latest funding, stage changes and deals.
- Founded Poet is founded.
- Funding First funding round of $12.0M.
- Funding Latest funding round, Series C, of $53.8M.
Web traffic of Poet
The website of Poet (poet.com) receives about 38.5K visits a month.
- Monthly visits38.5K
▼ 2.8% vs previous month
Websites whose visitors overlap most with Poet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| sapphireenergy.com | 100% | View details | |||
| growthenergy.org | 91% | #3,047,467 | View details | ||
| mascoma.com | 75% | View details | |||
| icminc.com | 74% | 7.7K | #2,702,847 | View details | |
| lincolnwayenergy.com | 74% | 2.6K | #6,579,204 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Poet
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Poet (Renewable & Sustainable Energy) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168.67 M | |||
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | 1,276 | ||
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Frequently Asked Questions about Poet
Poet was founded in 1983 and raised its 1st funding round 24 years after it was founded.
Poet is headquartered in Sioux Falls, United States. It is registered at Sioux Falls, South Dakota, United States.
Jeff Broin is the CEO of Poet, as recorded in our data. They have also founded this company.
Poet is a funded company, having raised a total of $53.8M across 8 funding rounds to date. The company's 1st funding round was a Grant of $12.01M, raised on Sep 2007.
Poet has 1,647 employees.
Founded in 1983 in Sioux Falls, United States, POET operates in the biorefining sector, focusing on ethanol production and related products. Corn-based and cellulosic ethanol are manufactured, alongside animal feed, oils, lubricants, and specialty chemicals. Corn oil and proteins are extracted for biodiesel applications. The company, previously known as Broin Companies, adopted its current name in 2007.
Poet has 2 investors. Key investors include Norwest Equity Partners, and OSTI.GOV.