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Diasome

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Diasome Pharmaceuticals, Inc, a clinical stage diabetes therapeutics company, designs and develops insulin-based therapies for the

Cleveland, United StatesFounded 2004Biotech & Life Sciences
Valuation $100–250M Last recorded · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Diasome

Diasome Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company, founded in 2004, that is developing therapies for metabolic diseases like diabetes and obesity. The company is a client of the Cleveland Clinic Innovations incubator. Diasome's work is centered on its proprietary Hepatocyte Directed Vesicles (HDV) technology, a drug delivery platform designed to target therapies directly to the liver's functional cells, the hepatocytes. This approach aims to mimic the body's natural physiological processes, where the liver plays a central role in regulating glucose and fat metabolism.

The company was co-founded by Robert Geho, who serves as CEO, and W. Blair Geho, the Chief Scientific Officer. Robert Geho's journey into life sciences was deeply personal; he was diagnosed with type 1 diabetes while in business school, which prompted a career pivot from classical music to life sciences. His firsthand experience with diabetes provides him with unique insights into the disease and patient needs, which he combines with over two decades of experience in drug development, regulatory strategy, and complex financing. His leadership has been pivotal in advancing the company's research, including achieving milestones like the first human trial of liver-targeted insulin.

Diasome's primary product in development is an additive for commercial insulins that utilizes the HDV platform. This technology consists of nanometer-scale, two-layered microscopic discs that help transport injected insulin to the liver's hepatocytes. The core benefit is to improve glycemic control and reduce the risk of hypoglycemia (low blood sugar), a frequent and dangerous complication for insulin users. By targeting the liver, the HDV system is designed to restore the organ's natural role in glucose uptake, which is often bypassed by conventional subcutaneous insulin injections. The company is conducting multiple Phase 2b clinical trials, such as ISLE-1 and OPTI-2, to evaluate the safety and efficacy of its liver-targeted insulin compared to standard care for patients with type 1 diabetes. The pipeline also includes developments for an oral formulation for type 2 diabetes and a nanotechnology-based compound for obesity.

The company's business model appears to be a hybrid, focusing on developing its own products while being open to out-licensing or partnerships with major pharmaceutical companies. Diasome is venture capital-backed, having raised significant funding from investors including Eli Lilly and Company, Medicxi, and the JDRF T1D Fund. It operates as a private entity with a small core team and a network of consultants, aiming to bring its therapies through clinical trials to potential market approval.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2004
Headquarters
Cleveland, United States
Employees
8
Open positions
None listed
Dealroom signal
26.3/100
Industry
Health
Sub-industry
Pharmaceutical, BioTechnology
Sector
Biotech & Life Sciences, Personal Health, Diabetes, Biotechnology, Biotech and Pharma, Hard Tech, DT and LS, science-based
Technology
Deep Tech, Nanotech
Client focus
b2c

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES C✓Equity / VC Feb 2024 $9.5M $150M Undisclosed ↗
LATE VC✓Equity / VC Jul 2017 $30M $120M JDRF T1D Fund · Medicxi · Black Beret Life Sciences · McDonald Partners —
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Growth signals

Diasome website traffic

Latest recorded traffic for Diasome is 2.3K monthly website visits, up 91.7% over the last three months. Diasome's team grew 0% over the past year.

Latest monthly visits2.3K 3-month web change+91.7% 1-year team growth0%
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Similar companies

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • Devon Park BioVentures

Series B and later4 investors entered at this stage

  • JDRF T1D Fund
  • Medicxi
  • Black Beret Life Sciences
  • McDonald Partners

Other known investors1 additional known investor

  • Quaker Partners
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Cleveland HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Diasome on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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