Fundraising Fox

Sellars Absorbent Materials

Milwaukee, US · Wisconsin corporation

Advanced Manufacturing

Founders & leadership

JL
John LutzExecutive
TA
Thomas A. SellarsinExecutive
NC
Nilda-Cintron CortezExecutive
JG
Julie GraversoninExecutive
JG
Jeffrey G. BeineNamed on SEC filing
GE
Gregory E. LarsonNamed on SEC filing

Board

PH
Patrick HopfBoard director
DL
David LundgrenBoard director
JB
Jerry BallasBoard director
MR
Martyn R. DavisBoard director
PD
Paul D. GrangaardBoard director
JC
John C. SellarsBoard director

Reported raises · per SEC filings

Form D private placements

$23.4M disclosed across 2 rounds · 2020–2022

▶$2.9MraisedJul 2025 · 16 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • David LundgrenDirector
  • John LutzExecutive Officer
  • Jerry BallasDirector
  • Martyn R. DavisDirector
  • Thomas A. SellarsExecutive Officer, Director
  • Patrick HopfDirector
  • Nilda-Cintron CortezExecutive Officer
  • Paul D. GrangaardDirector
  • John C. SellarsDirector
  • Jeffrey R. PorterDirector
  • Julie GraversonExecutive Officer
  • Cynthia BurksDirector
  • Gregory E. LarsonDirector
Offering amount
$4.9M
Amount sold
$2.9M
First sale
Nov 2022
Incorporated
Corporation, Wisconsin
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$20.5MraisedJan 2021 · 88 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Thomas A. SellarsExecutive Officer, Director
  • Jeffrey G. BeineExecutive Officer
  • John C. SellarsExecutive Officer, Director
  • Martyn R. DavisExecutive Officer, Director
  • Patrick A. HopfDirector
  • Jeffrey R. PorterDirector
  • Jerry BallasDirector
  • Gregory E. LarsonDirector
  • David LundgrenDirector
Offering amount
$20.5M
Amount sold
$20.5M
First sale
Dec 2020
Incorporated
Corporation, Wisconsin
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

High-End Paper Towels Are Fueling Stability on Milwaukee’s North Sidemilwaukeemag.com · Oct 2025Sellars Absorbent Materials investing $15M, adding 20 jobs in Milwaukee - Milwaukee Business Journalbizjournals.com · Jun 2025WTMJ Conversations: Tom Sellars - WTMJwtmj.com · Apr 2024Sellars Absorbent Materials raises $20.5 millionbiztimes.com · Jan 2021Sellars hoping to lease additional building following launch of recycled paper towel products - Sellars Absorbent Materials, Inc.sellars.com

Frequently asked questions

How much funding has Sellars Absorbent Materials raised?
Sellars Absorbent Materials has disclosed $23.4M raised across 2 rounds.
Where is Sellars Absorbent Materials headquartered?
Sellars Absorbent Materials is headquartered in Milwaukee, US.