S
Seraxis
Developing a cell therapy to treat insulin dependent diabetes
About Seraxis
Seraxis is a biotechnology company focused on developing innovative treatments for insulin-dependent diabetes. The company operates in the healthcare sector, specifically targeting patients with Type 1 diabetes who require insulin therapy. Seraxis' core product, SR 01, is a unique cell replacement therapy that combines lab-grown human islets, which are as potent as those from a healthy pancreas, with a technology that allows for the implantation of these islets without the need for immune suppression. This approach aims to provide a long-term normalization of blood glucose levels for millions of patients, eliminating the need for continuous insulin injections.
Seraxis serves a global market, primarily targeting healthcare providers, endocrinologists, and patients suffering from Type 1 diabetes. The company's business model revolves around the development, manufacturing, and clinical application of its proprietary cell replacement therapies. Revenue is generated through the sale of SR 01 therapy and potentially through partnerships and licensing agreements with other healthcare organizations.
The company is driven by a team of scientific and medical experts who are dedicated to bringing practical and effective cell therapies to the clinic. Their mission is to offer a sustainable and long-term solution for insulin-dependent diabetes, improving the quality of life for patients worldwide.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2013
- Headquarters
- Germantown, United States
- Employees
- 16
- Open positions
- None listed
- Dealroom signal
- 62.7/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Diabetes, Biotechnology, Biotech and Pharma, Hard Tech, DT and LS, science-based
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANTOther financing | Jun 2024 | $400K | — | Maryland Stem Cell Research Fund | ↗ |
| SERIES COther financing | Sep 2023 | $10M | $200M | JDRF T1D Fund · Frazier Healthcare Partners · Eli Lilly · Polaris Partners | ↗ |
Growth signals
Latest recorded traffic for Seraxis is 2.3K monthly website visits, up 379.2% over the last three months. Seraxis's team declined 11.1% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Maryland Stem Cell Research Fund
Series B and later4 investors entered at this stage
Polaris Partners
Frazier Healthcare Partners
Eli Lilly
JDRF T1D Fund
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Seraxis 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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