In recent years, there has been a flurry of activity towards proving lower bounds for homogeneous depth-4 arithmetic circuits (Gupta et al., Fournier et al., Kayal et al., Kumar-Saraf), which has brought us very close to statements that are known to imply VP = VNP. It is open if these techniques can go beyond homogeneity, and in this paper we make progress in this direction by considering depth-4 circuits of low algebraic rank, which are a natural extension of homogeneous depth-4 arithmetic circuits.A depth-4 circuit is a representation of an N-variate, degree-n polynomial P aswhere the Q i j are given by their monomial expansion. Homogeneity adds the constraint that for every i ∈ [T ], ∑ j deg(Q i j ) = n. We study an extension, where, for every i ∈ [T ],