🦊/Companies

Beta Bionics, Inc

NASDAQ: BBNX

Irvine, US · Founded 2015 · Delaware corporation · 3 known investors

Find your way into Beta Bionics, Inc

297 people in our graph share verified history with the Beta Bionics, Inc team — schools, employers, funds. One of them is your warm intro.

Travis Bryantunlockedknows Sean Saint · together at California Polytechnic State University-San Luis Obispo (overlapped)
knows the team · via California Polytechnic State University-San Luis Obispo
×6knows the team · via University of Delaware
×2knows the team · via Rose-Hulman Institute of Technology
knows the team · via Xavier University - Williams College of Business
knows the team · via Kroger

Beta Bionics develops the iLet Bionic Pancreas System, an insulin delivery device for people with type 1 diabetes aged 6 and older that requires a physician's prescription. The company operates in the medical device and diabetes care space.

Founders & leadership

Beta Bionics, Inc was founded in 2015 by Edward Damiano.

ED
Edward DamianoFounder
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Sean SaintinChief Executive OfficerSean Saint served as an R&D Director at a diabetes medical device company before being diagnosed with Type 1 diabetes in 2011. He is now President, CEO and Director of Beta Bionics, which develops the iLet Bionic Pancreas System for insulin delivery in people with type 1 diabetes.
SFStephen Feider
Stephen FeiderinChief Financial Officer
MM
Mike MensingerinChief Product OfficerMike Mensinger held a role in R&D and manufacturing at Companion Medical, where he worked on the InPen smart insulin pen and integrated diabetes management platform for diabetes care. He now serves as Chief Product Officer at Beta Bionics, which develops the iLet Bionic Pancreas System for insulin delivery in type 1 diabetes management.
SRSteven Russell
Steven RussellinChief Medical Officer
MHMark Hopman
Mark HopmaninChief Commercial OfficerMark Hopman is Chief Commercial Officer at Beta Bionics, which makes the iLet Bionic Pancreas System for type 1 diabetes. He previously spent seven years at Dexcom building the retail pharmacy distribution channel for continuous glucose monitoring, and earlier held roles in pharmacy management and clinical program management at Kroger-affiliated entities.
GC
Gilbert ClarkeNamed on SEC filing
ER
Edward RaskinNamed on SEC filing
MR
Mike RoskinoNamed on SEC filing
AM
Agustin MohedasNamed on SEC filing
JH
Jeff HitchcockNamed on SEC filing
SR
Serafina RaskinNamed on SEC filing

Investors · 3

Funding

SEC filings, press & company announcements

$337.5M disclosed across 5 of 6 rounds · 2017–2025

  • Undisclosed amountinitial public offeringJan 2025
    Source ↗
$99.5MraisedSep 2023 · 29 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Sean D. CarneyDirector
  • Stephen H. FeiderExecutive Officer
  • Lennox KetnerDirector
  • Francesco DraettaDirector
  • Amanda BlackDirector
  • Edward DamianoExecutive Officer, Director
  • Sean T. SaintExecutive Officer, Director
  • Gilad GlickDirector
  • Westley DuprayDirector
  • Parker CassidyDirector
Offering amount
$101.8M
Amount sold
$99.5M
First sale
Aug 2023
Incorporated
Corporation, Massachusetts
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$57MraisedMar 2022 · 21 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Edward DamianoDirector
  • Gibb ClarkeExecutive Officer
  • Sean CarneyDirector
  • Marcie CainExecutive Officer
  • Finny KuruvillaDirector
  • Beth BrookeDirector
  • Michael PereiraExecutive Officer
  • Veena RaoExecutive Officer
  • Martha AronsonExecutive Officer, Director
  • Jeff HitchcockDirector
  • Christy JonesDirector
Offering amount
$57M
Amount sold
$57M
First sale
Feb 2022
Incorporated
Corporation, Massachusetts
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$63.4MraisedJul 2019 · 12 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Edward DamianoExecutive Officer, Director
  • Gilbert ClarkeExecutive Officer
  • Edward RaskinExecutive Officer, Director
  • Mike RoskinoExecutive Officer
  • Agustin MohedasDirector
  • Jeff HitchcockDirector
  • Serafina RaskinExecutive Officer
  • Adam SteensbergDirector
Offering amount
$63.4M
Amount sold
$63.4M
First sale
Jul 2019
Incorporated
Corporation, Massachusetts, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$57.6MraisedOct 2018 · 24 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Jeffrey HitchcockDirector
  • Deirdre IbsenDirector
  • CHRISTIAN FogedDirector
  • Edward B. RaskinExecutive Officer, Director
  • THOMAS A. FITZGERALDExecutive Officer
  • Serafina RaskinExecutive Officer
  • Edward R. DamianoExecutive Officer, Director
  • Mike RosinkoExecutive Officer
  • Martin H LangeDirector
  • Gilbert ClarkeExecutive Officer
Amount sold
$57.6M
Minimum investment
$1
Sales commissions
$825K
Placement agents
Piper Jaffray & Co.
First sale
Dec 2017
Incorporated
Corporation, Massachusetts, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Competitors · 2

by search overlap

Companies competing with Beta Bionics, Inc for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 4 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
Defense Advanced Research Projects Agency (DARPA)Defense Advanced Research Projects AgencyPhase IISTTR2020$779.2K
National Institutes of Health (NIH)National Institutes of HealthPhase II2019$1.6M
Defense Advanced Research Projects Agency (DARPA)Defense Advanced Research Projects AgencyPhase ISTTR2019$225K
National Institutes of Health (NIH)National Institutes of HealthPhase I2018$425K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Frequently asked questions

What does Beta Bionics, Inc do?
Beta Bionics develops the iLet Bionic Pancreas System, an insulin delivery device for people with type 1 diabetes aged 6 and older that requires a physician's prescription. The company operates in the medical device and diabetes care space.
Who founded Beta Bionics, Inc?
Beta Bionics, Inc was founded by Edward Damiano in 2015.
Who are Beta Bionics, Inc's investors?
Beta Bionics, Inc's investors include Omega Funds, RTW Investments L.P., Soleus Capital.
How much funding has Beta Bionics, Inc raised?
Beta Bionics, Inc has disclosed $337.5M raised across 5 of its 6 known rounds.
Where is Beta Bionics, Inc headquartered?
Beta Bionics, Inc is headquartered in Irvine, US.