Beta Technologies was founded in 2017 by Kyle Clark. In a 2021 interview, Clark said that going public "right now isn't in the cards, but may be depending on our capital needs."
Beta Technologies is a Vermont-based electronic aircraft manufacturer. While the company has not yet released a commercial product, its fixed-wing aircraft prototypes have completed successful test flights. Beta Technologies has raised more than $800 million in venture capital funding from investors such as TPG Rise Climate Fund, Fidelity Management, RedBird Capital Partners, and Climate Pledge Fund. A $375 million funding round in 2022 increased the company's valuation to $2.4 billion.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Beta Technologies does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Beta Technologies will be known as it becomes public. Here are similar public companies: Blade (NASDAQ: BLDE), Fast Radius (NASDAQ: FSRD), Joby Aviation (NYSE: JOBY), Procore Technologies (NYSE: PCOR), Rocket Lab (NASDAQ: RKLB).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 4/20/2022 | Series B | $2.56B | $XXX.XX | $XXX.XX |
| 5/18/2021 | Series A, A-1, A-2, and A-3 | $1.4B | $XXX.XX | $XXX.XX |
Beta Technologies is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Beta Technologies pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Beta Technologies is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
