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Scioto Biosciences

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Preclinical stage company developing innovative therapies devoted to having a transformative impact

Indianapolis, United StatesFounded 2017Biotech & Life Sciences
Valuation $100–500M Latest valuation · 2020
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Scioto Biosciences

Scioto Biosciences, Inc. is a clinical-stage biotechnology company established in 2017, focusing on the burgeoning field of microbiome therapeutics to address diseases linked to the gut-brain axis. The company was co-founded by CEO Joe Trebley, PhD, and CFO Jim Schulz, CPA. Trebley contributes over 15 years of experience in early-stage asset development, including his time as Head of Startups at Indiana University Research and Technology Corporation, where he helped launch over 25 companies. This experience led him to co-found Monon Bioventures, a venture creation firm that partnered with The Research Institute at Nationwide Children's Hospital to form Scioto.

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The company's foundational technology originated from research at the Abigail Wexner Research Institute at Nationwide Children's Hospital. Initially, the research aimed to find treatments for necrotizing enterocolitis (NEC), a life-threatening intestinal condition affecting premature infants. During development, the team observed that their microbiome technology also had neuroprotective effects, which expanded the company's mission to include neurodevelopmental disorders like Autism Spectrum Disorder (ASD). This dual focus addresses significant unmet needs in both neonatal care and neurodevelopmental health.

Scioto's core asset is its proprietary Activated Bacterial Therapeutics (ABT) delivery platform. This technology enhances the efficacy of live bacterial therapeutics by delivering them in a biofilm state. This approach protects the beneficial bacteria as they pass through the gastrointestinal system, enabling them to better colonize the gut, persist, and exert their therapeutic effects. This method is designed to be superior to standard over-the-counter probiotics, which often have low survival rates in the gut.

The company's lead product candidate, SB-121, is a formulation based on the beneficial bacterium *Lactobacillus reuteri*. It is being developed primarily for two indications: improving core symptoms of Autism Spectrum Disorder and preventing necrotizing enterocolitis in premature infants. SB-121 is designed for easy administration and can be mixed with common liquids. Scioto has completed a Phase Ib clinical trial for SB-121 in adults with ASD, which showed positive safety and efficacy signals, and is preparing for a larger Phase II study. The company operates on a standard biotech business model, focusing on R&D and progressing its candidates through the clinical trial and regulatory approval process to bring new therapies to market. The company has successfully raised significant capital to fund these efforts, including a $1.8M Series A in 2018 and a substantial $26.5M Series B in 2020 led by Genome & Company, a South Korean biotech firm that now holds a majority stake.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
Indianapolis, United States
Employees
4
Open positions
None listed
Dealroom signal
27.6/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Personal Health, Diabetes, Biotechnology, Neurology, Biotech and Pharma, Hard Tech, DT and LS, science-based
Client focus
b2c

Latest news

Press, funding announcements and product moves mentioning Scioto Biosciences.

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Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GROWTH EQUITY VCEquity / VC Jun 2026 $9M Michigan Capital Network
SERIES BEquity / VC Aug 2020 $27M $106M Genome Company
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

Scioto Biosciences website traffic

Latest recorded traffic for Scioto Biosciences is 1K monthly website visits, up 26.6% over the last three months. Scioto Biosciences's team declined 20% over the past year.

Latest monthly visits1K 3-month web change+26.6% 1-year team growth-20%
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Closest operating peers by Dealroom taxonomy

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Sea4UsSea4Us is a biopharmaceutical startup specializing in discovering and developing new drugs, leveraging expertise in ion channels and marine biology Vila do Bispo, Portugal Operational
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Investors

10 investors on the cap table

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

Seed1 investor entered at this stage

  • National Institutes of Health

Series A4 investors entered at this stage

  • BioCrossroads
  • Elevate Ventures
  • Rev1 Ventures
  • Genome Company

Series B and later1 investor entered at this stage

  • Michigan Capital Network

Other known investors4 additional known investors

Team profiled 6 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
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Scioto Biosciences 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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