Seed Round Open — $250K

Better Outcomes. Massive Opportunity.

Over 200,000 ER visits a year from lows that current pumps can't prevent. A $6B+ market where no device integrates insulin, glucagon, and CGM together. Pancreum fills that gap — with a roadmap to full AI autonomy.

0M+

Americans with insulin-dependent diabetes

0K+

ER visits/year from hypoglycemia

$0B+

Global diabetes tech market

$0B

Annual cost of diabetes in the U.S.

No One Else Has This

The insulin pump market is dominated by Insulet ($2B+ revenue), Tandem ($940M), and Medtronic — yet every device shares the same fundamental gaps.

CapabilityPancreumOmnipod 5TandemMedtroniciLet
Insulin DeliveryYesYesYesYesYes
Glucagon DeliveryYesNoNoNoNo
Integrated CGMYesNoNoNoNo
Tubeless DesignYesYesNoNoNo
Smartphone ControlYesYesYesYesYes

Based on commercially available configurations. Beta Bionics iLet dual-hormone version remains in development. Tubeless pumps now capture 60% of new installations. Over 80% of new pump prescriptions bundle CGM.

Investment

Two-Stage Funding Strategy

De-risk with $250K seed, then scale with $4M Series A

Now Open

$250K

Seed Round

  • Build & test 30 devices for Q-Submission
  • Generate preliminary FDA data
  • Early validation to de-risk the next round
Next Stage

$4M

Series A

  • Prepare & submit full 510(k) application
  • Scale manufacturing for commercial launch
  • Go-to-market execution

Why Invest Now

$6.2B market — growing to $19B by 2035
Zero competitors with integrated glucagon
202,000 ER visits/year glucagon could prevent
4 issued patents — strong IP moat
510(k) pathway — no human trials required
60% of new installs are tubeless — we're tubeless

TAM

9 Million

Type 1 diabetics worldwide

SAM

2.1 Million

Type 1 diabetics in the U.S.

SOM

200,000

U.S. adults with high hypoglycemia burden

Market Opportunity

A Large, Underpenetrated Market

Insulin delivery is a multi-billion-dollar U.S. market — yet most people who could benefit from a pump still aren't on one, and outcomes remain poor.

$12B

Total U.S. insulin-delivery market

~$6B

Type 1 diabetes segment

~1.9M

People with T1D in the U.S.

~39%

Pump penetration in T1D

Just <10% among insulin-intensive Type 2 patients — the technology is broadly underused.

~80%

Not at treatment goal

~80% of people with T1D are not at the ADA goal of HbA1c <7% — and many of those who are remain overburdened by daily management.

Complexity

The #1 barrier to adoption

Carb counting, manual correction doses, and frequent clinician adjustments make today's pumps hard to start and harder to live with.

The Market Rewards Ease of Use

When continuous glucose monitors removed the need for fingerstick calibration, adoption leapt from roughly 7% to 80% of people with T1D. Pumps have not had their equivalent breakthrough — penetration has crept from ~25% to just ~39% over a decade. An integrated, automated, simpler device is positioned to be that leap.

CGM Adoption

7% → 80%

after removing calibration

Pump Adoption

25% → 39%

over the same period

Sources: U.S. CDC; American Diabetes Association; Foster et al., Diabetes Technol Ther. 2019; Pettus et al., Diabetes Care 2019; publicly reported industry market data. Figures are U.S. estimates.

Recurring Revenue with High Margins

$400/mo

Per user — pumps + sensors

$48M

Projected revenue by Year 5

10K

Projected customers by Year 5

Year 3

Break-even — scalable U.S. manufacturing

Clear Path to Market: FDA 510(k)

Benchtop testing only — no human clinical trials required

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Patents Filed & Issued

2014

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Functional Prototype at Final Size

2023

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Endocrinologist & Patient Validation

2024

4

30-Pump Manufacturing Run

2025

5

Design Freeze

Q1 2026

6

Testing & FDA Prep

Q2 2026

7

FDA 510(k) Review

Q2 2027

8

FDA Approval

Q4 2027

9

Pre-Launch

Q3 2028

10

Full Commercial Launch

Q4 2028

De-Risked & Ready

Functional Prototype

Wearable at final size with successful bench tests completed

4 Issued Patents

US 9,248,235; US 11,833,328 + 1 Pending; Design Patent US D704,325

Market Validation

Positive feedback from endocrinologists and patients; clinical partners ready

FDA Ready

Engineering complete; 510(k) pathway with Insulet Omnipod as predicate device

Proven Experts in Diabetes Technology

Insiders who built industry-leading pumps — now innovating beyond them

JJ

Jerry Joseph

CEO & Co-Founder

Biomedical Engineer

Patent Attorney

10+ years med devices

Ex-Insulet, Bayer

SD

Steve Dilanni

VP Engineering

Pioneer of world's first

disposable insulin pump

25+ years

Ex-Insulet, Medtronic

GP

Gil de Paula

CTO & Co-Founder

Embedded Software Engineer

25+ years experience

Ex-Insulet

Join the Mission

Access our investor portal for detailed financials, cap table, and investment documents.