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Beta Bionics

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Automated insulin delivery system that learns and adapts to each user's glucose levels for type 1 diabetes management.

Irvine, United StatesFounded 2015Health Tech & Medtech
Valuation $1.16B Market cap · 2026
Revenue $133M Latest reported FY

About Beta Bionics

Beta Bionics develops the iLet Bionic Pancreas, an automated insulin delivery system for people with type 1 diabetes. The device integrates with continuous glucose monitors such as Dexcom and FreeStyle Libre to automatically calculate and deliver insulin doses, adapting to each user's needs over time and reducing the manual burden of carb counting and correction doses.

The iLet is a wearable, pocket-sized insulin delivery system cleared for use by people with type 1 diabetes aged six and older. The company also provides a companion app and a user support ecosystem to help patients and caregivers manage therapy.

Beta Bionics manufactures and sells the iLet system in the US, where it is available by prescription. The company is a Massachusetts public benefit corporation and a Certified B Corp, and became publicly traded on Nasdaq in 2025.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2015
Headquarters
Irvine, United States
Listing
IPO 2025
Employees
438
Open positions
None listed
Dealroom signal
91.3/100
Industry
Health
Sub-industry
Medical Devices
Sector
Health Tech & Medtech, Diabetes, Medical Systems, Spinout, Wearable, B Corp, DT and LS, science-based
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2c

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO EQUITYOther financing Apr 2026 $0 — JPMorgan Chase & Co ↗
POST IPO EQUITYOther financing Apr 2026 $0 — SG Americas Securities ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026 $133M +32.1%
2025 $100M +54.1%
2024 $65M +442.5%
2023 $12M +5900%
2022 $200K —
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Growth signals

Beta Bionics website traffic

Latest recorded traffic for Beta Bionics is 73K monthly website visits, up 4.3% over the last three months. Beta Bionics's team grew 23.7% over the past year.

Latest monthly visits73K 3-month web change+4.3% 1-year team growth+23.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

15 investors on the cap table

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

Seed1 investor entered at this stage

  • National Institute of Diabetes and Digestive and Kidney Diseases

Series A1 investor entered at this stage

  • Eventide Asset Management

Series B and later12 investors entered at this stage

  • Farallon Capital Management
  • RTW Investments
  • Soleus Capital
  • Perceptive Advisors
  • Omega Funds
  • Sands Capital Management
  • ArrowMark Partners
  • Pura Vida Investments
  • Marshall Wace
  • Wellington Management
  • JPMorgan Chase & Co
  • SG Americas Securities

Other known investors1 additional known investor

  • Boston University
Team profiled 16 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 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
2 countries with
team presence
🇺🇸 United States99.7%
🇵🇦 Panama0.3%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Beta Bionics 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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