Fundraising Fox

Beta Technologies

NYSE: BETA

Burlington, US · Founded 2017 · Delaware corporation · 5 known investors

beta.team ↗

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.

CleantechDefense TechHardwareMobility & Transportation

Founders & leadership

Beta Technologies was founded in 2017 by Kyle Clark.

KC
Kyle ClarkCEO
SDSean Donovan
Sean DonovanExecutive
HCHerman Cueto
Herman CuetoExecutive
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 · 5

Stone Point✓ verifiedGreenwich
Chaifetz GroupChicagovia Richard A. Chaifetz · inferred
Preston-Werner VenturesSan Francisco Bay Area · $500K – $3M
UP PartnersSanta Monica · $1M – $10M
Vermont Center for Emerging Technologies (VCET)Burlington · $25K – $250K

Reported raises · per SEC filings

Form D private placements

$1.6B disclosed across 5 rounds · 2021–2026

▶$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.

Competitors · 1

by search overlap
Ainonline112 shared keywordsAIN Online is a news and media publication covering business aviation, aircraft, and aviation industry events and developments.

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

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.

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 rounds.
Where is Beta Technologies headquartered?
Beta Technologies is headquartered in Burlington, US.