Fundraising Fox

Beta Technologies

NYSE: BETAUnicorn · $7.3B

Burlington, US · Founded 2017 · Delaware corporation · 1,328 employees on LinkedIn · 7 known investors

Find your way into Beta Technologies

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

Birgitteunlockedknows Kyle Clark · together at MIT Sloan School of Management (overlapped)
×10knows the team · via Harvard University
knows the team · via MIT Sloan School of Management

BETA Technologies develops electric aircraft (including the ALIA eVTOL) and associated charging infrastructure for sustainable aviation. The company also runs a flight school and works with the FAA and other regulators on aircraft certification.

Founders & leadership

Beta Technologies was founded in 2017 by Kyle Clark.

KCKyle Clark
Kyle ClarkinFounder · Team MemberKyle Clark is a test pilot and engineer who previously founded Venture.co and served as director of engineering at Dynapower, where he oversaw product development including inverters and control systems, and as VP of engineering at iTherm Technologies. He holds a degree in applied mathematics and engineering from Harvard University and has expertise in electric propulsion, power electronics, and control algorithms.
SDSean Donovan
Sean DonovaninMechanical Engineer
HCHerman Cueto
Herman CuetoinChief Financial Officer
BD
Brian DunkielNamed on SEC filing

Board

CD
Charles DavisBoard director
MS
Mike StoneBoard director
FC
Francesco CaprettiBoard director
MRMartine Rothblatt
Martine RothblattBoard director
JAJohn Abele
John AbeleBoard director
JM
James McConvilleBoard director
DK
Dean KamenBoard director
DC
David ChurchillBoard director

Investors · 7

Also in the syndicate · 2

Amazon's Climate FundleadFidelitylead

Reported raises · per SEC filings

Form D private placements

$1.6B disclosed across 5 of 8 rounds · 1900–2026

$7.1MraisedApr 2026 · 30 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Brian DunkielExecutive Officer
  • James McConvilleDirector
  • Charles DavisDirector
  • Herman CuetoExecutive Officer
  • Kyle ClarkExecutive Officer, Director
  • John SlatteryDirector
  • Sean DonovanExecutive Officer
  • John AbeleDirector
  • Mike StoneDirector
  • David ChurchillExecutive Officer, Director
  • Amy GowderDirector
  • Martine RothblattDirector
Offering amount
$13M
Amount sold
$7.1M
First sale
Apr 2026
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$300MraisedSep 2025 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • SEAN DONOVANExecutive Officer
  • KYLE CLARKExecutive Officer, Director
  • JOHN ABELEDirector
  • MARTINE ROTHBLATTDirector
  • DEAN KAMENDirector
  • CHARLES DAVISDirector
  • MIKE STONEDirector
  • JAMES MCCONVILLEDirector
  • BRIAN DUNKIELExecutive Officer
  • DAVID CHURCHILLDirector
  • HERMAN CUETOExecutive Officer
Offering amount
$500M
Amount sold
$300M
First sale
Sep 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$469.6MraisedAug 2025 · 75 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Charles DavisDirector
  • Mike StoneDirector
  • James McConvilleDirector
  • Dean KamenDirector
  • Francesco CaprettiDirector
  • Martine RothblattDirector
  • Sean DonovanExecutive Officer
  • Kyle ClarkExecutive Officer, Director
  • John AbeleDirector
  • David ChurchillDirector
  • Brian DunkielExecutive Officer
  • Herman CuetoExecutive Officer
Offering amount
$475M
Amount sold
$469.6M
Sales commissions
$5M
Placement agents
Goldman Sachs & Co. LLC
First sale
Oct 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$375MraisedApr 2022 · 43 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Kyle ClarkExecutive Officer, Director
  • David ChurchillExecutive Officer, Director
  • Blain NewtonExecutive Officer
  • Martine RothblattDirector
  • Charles DavisDirector
  • Dean KamenDirector
  • Edward EpplerExecutive Officer
  • Will RoperDirector
Offering amount
$415M
Amount sold
$375M
Sales commissions
$12.4M
Placement agents
Goldman Sachs & Co. LLC
First sale
Apr 2022
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$425.6MraisedMay 2021 · 68 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Dean KamenDirector
  • Kyle ClarkExecutive Officer, Director
  • Charles DavisDirector
  • Martine RothblattDirector
  • David ChurchillDirector
Offering amount
$425.6M
Amount sold
$425.6M
Sales commissions
$14.1M
Placement agents
Goldman Sachs & Co. LLC
First sale
Mar 2021
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Valuation · disclosed

Disclosed events
$7.3Bvaluation at IPONov 2025 · $34.00/share · 424B4
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Non-dilutive funding · 2 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. Air ForceAir ForcePhase II2020$1M
U.S. Air ForceAir ForcePhase I2020$49.2K

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 Technologies do?
BETA Technologies develops electric aircraft (including the ALIA eVTOL) and associated charging infrastructure for sustainable aviation. The company also runs a flight school and works with the FAA and other regulators on aircraft certification.
Who founded Beta Technologies?
Beta Technologies was founded by Kyle Clark in 2017.
Who are Beta Technologies's investors?
Beta Technologies's investors include Stone Point, Chaifetz Group, Preston-Werner Ventures, UP Partners, Vermont Center for Emerging Technologies (VCET).
How much funding has Beta Technologies raised?
Beta Technologies has disclosed $1.6B raised across 5 of its 8 known rounds.
Where is Beta Technologies headquartered?
Beta Technologies is headquartered in Burlington, US.