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Calumet, Inc.

Manufacturing and Energy Indianapolis, Indiana ~240 employees
Founded
--
Employees (Est.)
~240
12 leaders known
Total Funding
$6.9B
Funding Rounds
18
Last Funding
2026-03-17

About Calumet, Inc.

Calumet is a specialty products manufacturer with a century-long history of innovation, focusing on solving complex problems through true partnerships with customers. The company emphasizes providing unparalleled solutions tailored to specific needs, promoting sustainability, and actively contributing to communities through charitable giving and career opportunities.

Products & Services

Specialty Business:Innovative solutions tailored to customer needs across various industries.
Montana Renewables:Leading the renewable energy transition with clean, reliable, and affordable energy.
Waxes:Includes fully refined paraffin, microcrystalline, and blended waxes for various applications like candles.
Naphthenic Oils:Specialty oils like CALSOL™ and HYDROCAL™ for industrial applications.
Paraffinic Oils:Includes CALPAR™ and other oils for diverse uses.
Transformer Oils:CALTRAN™ and VOLTESSO™ oils for electrical applications.
Mineral Refrigeration Oils:Specialty oils for refrigeration systems.
Versagel(r) and Versastique(r):Gel products for cosmetic and industrial applications.
Petrolatum USP and Mineral Jelly:Pharmaceutical-grade products for ointments and other uses.
White Mineral Oil USP:High-purity oils for pharmaceutical and personal care products.
Solvents:Aliphatic and isoparaffinic solvents for industrial use.

Specialties

Specialty Products Manufacturing Renewable Energy Industrial Oils and Lubricants Pharmaceutical-Grade Products Sustainability and Innovation

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Private Placement of Senior Notes
T: -
FT: Private Placement of Senior Notes 		A: 150000000
MR: -
FA: $150 million
FAN: 150000000 		D: 2026-03-17
FD: 2026-03-17 		-
2 RT: Private Placement
T: -
FT: Private Placement 		A: 150000000
MR: -
FA: $150 million
FAN: 150000000 		D: 2026-03-12
FD: 2026-03-12 		-
3 RT: Debt (Private Placement of 9.75% Senior Notes due 2031)
T: -
FT: Debt (Private Placement of 9.75% Senior Notes due 2031) 		A: 150000000
MR: -
FA: $150 million
FAN: 150000000 		D: 2026-03-12
FD: 2026-03-12 		-
4 RT: Senior Secured Revolving Credit Facility (ABL)
T: -
FT: Senior Secured Revolving Credit Facility (ABL) 		A: 500000000
MR: -
FA: $500 million
FAN: 500000000 		D: 2026-01-28
FD: 2026-01-28 		1 investors
5 RT: Private Placement of Senior Notes
T: -
FT: Private Placement of Senior Notes 		A: 405000000
MR: -
FA: $405 million
FAN: 405000000 		D: 2026-01-12
FD: 2026-01-12 		-
6 RT: Private Placement of Senior Notes
T: -
FT: Private Placement of Senior Notes 		A: 405000000
MR: -
FA: $405 million
FAN: 405000000 		D: 2026-01-07
FD: 2026-01-07 		2 investors
7 RT: Debt
T: -
FT: Debt 		A: 350000000
MR: -
FA: $350 million
FAN: 350000000 		D: 2026-01-06
FD: 2026-01-06 		-
8 RT: Debt Financing
T: -
FT: Debt Financing 		A: 80000000
MR: -
FA: $80 million
FAN: 80000000 		D: 2025-07-28
FD: 2025-07-28 		1 investors
9 RT: Private Placement
T: -
FT: Private Placement 		A: 100000000
MR: -
FA: $100 million
FAN: 100000000 		D: 2025-01-15
FD: 2025-01-15 		-
10 RT: Private Placement of Senior Notes
T: -
FT: Private Placement of Senior Notes 		A: 100000000
MR: -
FA: $100 million
FAN: 100000000 		D: 2025-01-14
FD: 2025-01-14 		-
11 RT: At-the-Market Equity Offering Program
T: -
FT: At-the-Market Equity Offering Program 		A: 65000000
MR: -
FA: $65 million
FAN: 65000000 		D: 2025-01-14
FD: 2025-01-14 		1 investors
12 RT: Loan Guarantee Facility
T: -
FT: Loan Guarantee Facility 		A: 1440000000
MR: -
FA: $1.44 billion
FAN: 1440000000 		D: 2025-01-10
FD: 2025-01-10 		1 investors
13 RT: Loan Guarantee (Conditional Commitment)
T: -
FT: Loan Guarantee (Conditional Commitment) 		A: 1440000000
MR: -
FA: $1.44 billion
FAN: 1440000000 		D: 2024-10-16
FD: 2024-10-16 		1 investors
14 RT: Sale-leaseback
T: -
FT: Sale-leaseback 		A: 150000000
MR: -
FA: $150 million
FAN: 150000000 		D: 2024-10-03
FD: 2024-10-03 		1 investors
15 RT: Private Placement (Senior Secured First Lien Notes)
T: -
FT: Private Placement (Senior Secured First Lien Notes) 		A: 200000000
MR: -
FA: $200 million
FAN: 200000000 		D: 2024-03-12
FD: 2024-03-12 		-
16 RT: Private Placement of Senior Notes due 2028
T: -
FT: Private Placement of Senior Notes due 2028 		A: 325000000
MR: -
FA: $325 million
FAN: 325000000 		D: 2023-06-12
FD: 2023-06-12 		-
17 RT: Loan Guarantee
T: -
FT: Loan Guarantee 		A: 600000000
MR: -
FA: $600 million
FAN: 600000000 		D: 2023-03-27
FD: 2023-03-27 		1 investors
18 RT: Debt
T: -
FT: Debt 		A: 250000000
MR: -
FA: $250 million
FAN: 250000000 		D: 2023-02-27
FD: 2023-02-27 		1 investors
Private Placement of Senior Notes Latest
2026-03-17
$150.0M
Private Placement 2026-03-12
$150.0M
Debt (Private Placement of 9.75% Senior Notes due 2031) 2026-03-12
$150.0M

View 17 more funding rounds with Pro

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

A

Adam Harness

S

Shannon Hart

L

Lyndon Johnson

A

Andrea Banks

C

Cassie Oliver

J

Josh Player

View 9 more team members with Pro

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Recent News

Calumet, Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Read more →

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

View 2 more news articles with Pro

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Manufacturing and Energy
Company Size
~240 employees (est.)
Locations
Indianapolis, Indiana

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Technology Stack

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