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POET

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At POET, they're using the creativity that comes from common sense to deliver a new bounty of American energy from the eternal bounty of

Sioux Falls, United StatesFounded 1983Energy
Headcount 1–2k Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for POET and the history behind them.

About POET

POET is a leading bioethanol producer that focuses on creating sustainable biofuels and bioproducts. The company operates in the biofuels and bioproducts industry, which is a critical market for grain, purchasing around 40% of the U.S. corn crop. POET's bioprocessing facilities have a significant positive impact on local communities by providing jobs, generating taxes, and increasing demand for corn. The company serves farmers, livestock producers, and industries seeking eco-friendly products. POET's business model revolves around producing bioethanol, distillers grains, and other environmentally friendly co-products, which are sold to various markets. The company makes money by selling these products, which are essential for reducing emissions and promoting sustainability. POET's commitment to sustainability is evident in its efforts to get higher blends of bioethanol into the marketplace, driving long-term economic development and supporting the agricultural sector.

Source: Dealroom company data

At a glance

Founded
1983
Headquarters
Sioux Falls, United States
Sector
Energy

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later1 investor entered at this stage

  • Norwest Equity Partners (NEP)
Team profiled 15 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 6 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
19 countries with
team presence
🇺🇸 United States94.7%
🇬🇧 United Kingdom0.8%
🇮🇳 India0.6%
🇧🇩 Bangladesh0.4%
🇲🇽 Mexico0.4%
Top 5 of 19 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about POET on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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