Beta Bionics, Inc.
IPOiLet Bionic Pancreas – the insulin pump that automatically learns and adapts to you.
Public · Boston, United States · Founded 2018 · $278.4M raised
- Headquarters
- Boston, Massachusetts
- Employees
- 11–50
- Founded
- 2018
- Business Model
- B2C
- Website
- betabionics.com
- Total Funding
- $278.4M
- Last Round
- $60.0M Series ENov 2024
- Rounds
- 8
- Type
- Public
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Beta Bionics is a Boston-based medical device company dedicated to making diabetes management easier. The company developed the iLet Bionic Pancreas, an FDA-cleared automated insulin delivery system for people with type 1 diabetes aged 6 and older. The iLet uses continuous glucose monitor data to autonomously calculate and deliver all insulin doses without carb counting.
Summary
Beta Bionics, Inc. is a Digital Health company based in Boston, United States, founded in 2018. It has raised $278.4M in total across 8 rounds, most recently a $60.0M Series E round in Nov 2024. Investors include Wellington Management, Sands Capital and Eventide Asset Management.
Tech & App Stack
5 technologies & apps tracked
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Funding & Exit History
2025 (est.)
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Funding: Equity Crowdfunding through Series E. Amounts, valuations, and investors where available.
Investors
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