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Oil-Dri Corporation Secures Credit Line Increase

PUBLIC · ODCOct 08, 2026

Amount Raised

$100 Million

Round Type

Funding Round

ChicagoManufacturingAgriculture and Farming

Investors

BMO Bank N.A.

Description

On October 7, 2026, Oil-Dri Corporation of America entered into an amendment to its existing Credit Agreement with BMO Bank N.A. This amendment increases the company's borrowing capacity from BMO from $75 million to $100 million. It also allows for an additional $50 million through an accordion feature. This funding will enhance the company's liquidity and operational flexibility.

Quick answer

Oil-Dri Corporation Of America raised $100 Million in a Funding Round round, dated October 8, 2026. Investors: BMO Bank N.A. Oil-Dri Corporation Of America is based in Chicago, Illinois, United States.

How much did Oil-Dri Corporation Of America raise?
Oil-Dri Corporation Of America raised $100 Million in a Funding Round round on October 8, 2026.
Who invested in Oil-Dri Corporation Of America?
BMO Bank N.A. is named as investors in this round.
What does Oil-Dri Corporation Of America do?
Oil-Dri Corporation of America is a leading manufacturer and supplier of specialty sorbent products.
Where is Oil-Dri Corporation Of America based and how big is it?
Oil-Dri Corporation Of America is based in Chicago, Illinois, United States. Fundz records about 656 employees.
Who are the decision-makers at Oil-Dri Corporation Of America?
Fundz holds 2 contacts at Oil-Dri Corporation Of America, including the Vice President of Operations. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Agriculture and Farming and Manufacturing around the same time

Companies in the same sectors as Oil-Dri Corporation Of America that raised within 45 days of this round, from Fundz verified event records.

  • altM raised $10M (Series A) on November 5, 2026.
  • Pythag Tech raised $4.3M (Seed) on October 22, 2026.
  • IMIO raised $12M on October 20, 2026.
  • ART’S-WAY MANUFACTURING raised $956K (Debt Financing) on October 9, 2026.
  • Lucid Group raised $400M (Debt Financing) on October 9, 2026.
  • FMC Corporation raised $403M (Post-IPO Equity) on September 23, 2026.

Who to call at Oil-Dri Corporation Of America, and when

A new round usually means Oil-Dri Corporation Of America is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Oil-Dri Corporation Of America

Location

410 North Michigan Avenue

Chicago, Illinois, United States

About

Oil-Dri Corporation of America is a leading manufacturer and supplier of specialty sorbent products. The company serves various markets including pet care, animal health, and fluids purification. It is known for its vertically integrated operations that manage everything from research and development to sales. Oil-Dri focuses on financial strength and strategic expansion.

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Related People

2 contacts
Verified contactsAaron C., Vice President of Operations hiddenSee plans and pricing
Predictive Intelligence
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Oil-Dri Corporation Of America raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.