Product Reports Resources Pricing Login Book a demo

Syntax Bio

Biotech & Life Sciences · Chicago, United States · Founded 2018

CRISPR-based platform controlling and accelerating cell differentiation MoreLess

Syntax Bio is a preclinical-stage biotechnology company founded in 2018 that is engineering a discovery platform to address challenges in stem cell-derived therapies. The company was co-founded by Ryan Clarke, PhD, and Professor Brad Merrill, PhD, from the University of Illinois at Chicago. The technology is based on research from Professor Merrill's lab, which was co-developed by Clarke during his PhD studies from 2014 to 2019. After earning his doctorate, Clarke gained experience in drug discovery at Sana Biotechnology, which exposed him to the manufacturing challenges in the cell therapy field. The company officially launched and came out of stealth mode in 2021.

Syntax Bio's core technology is its proprietary "Cellgorithm" platform. This platform uses a modified, non-gene-editing CRISPR system to regulate the turning on and off of specific genes in a controlled sequence. This process mimics natural human developmental processes at the epigenetic level to direct induced pluripotent stem cells (iPSCs) to differentiate into a wide variety of specific, functional cell types. The Cellgorithm system uses episomal plasmids, which are temporary instructions delivered into the cells, to guide this differentiation, cutting timelines from months to days. This approach is designed to make the discovery and manufacturing of cell therapies faster, more scalable, less expensive, and more reliable than traditional methods.

The company operates on a collaborative business model, forming discovery partnerships with biopharmaceutical companies and other entities in the cell therapy ecosystem. This model involves upfront R&D payments, milestone-based fees, and royalties. Syntax Bio also plans to develop its own drug programs, which would later require pharmaceutical partners for market entry. The company has successfully generated cell types like pancreatic beta cells, which have potential applications for Type 1 diabetes, and plans to develop cells for the bone marrow, endocrine, and immune systems. To date, the company has raised $15 million in funding from investors including Astellas Venture Management, Illumina Ventures, DCVCBio, and Portal Innovations.

Keywords: cell therapy, CRISPR, stem cells, regenerative medicine, iPSC, cell differentiation, biotechnology, functional genomics, preclinical, Cellgorithm

Company overview

Syntax Bio company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2018
Headquarters
Chicago, United States
Employees
17
Open positions
None listed
Dealroom signal
76.2
client focusb2bsub industryBioTechnologyindustryHealthsectorBiotechnologysectorSpinoutsectorBiotech and PharmasectorWoman FoundersectorDT and LSsectorscience-based

Valuation & funding

Syntax Bio funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AEquity / VC Jun 2026 $14M $58M Draper Associates · Illumina Ventures · Illinois Ventures · Mayo Clinic
GRANTOther financing Dec 2025 $0 Breakthrough T1D
EARLY VCEquity / VC Sep 2024 $0 Portal Innovations · Illumina Ventures · Astellas Venture · Civilization Ventures
SPINOUTOther financing Jan 2018 $0 University of Illinois at Chicago
Showing 4 recorded eventsUnlock the complete deal history →

Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 17
2025 14
2024 11
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Syntax Bio website traffic

Latest recorded traffic for Syntax Bio is 2.7K monthly website visits, down 3.6% over the last three months. Syntax Bio's team grew 21.4% over the past year.

Latest monthly visits2.7K 3-month web change-3.6% 1-year team growth+21.4%
Monthly website visits28 observations · Feb 2021–Jul 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

Syntax Bio compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Syntax Bio's talent

Book a demo to see the people
Team profiled 3 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.

Investors

13 investors on Syntax Bio's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 1 investor entered at this stage
Breakthrough T1D
Series A 9 investors entered at this stage
Portal Innovations
Illumina Ventures
Astellas Venture
Civilization Ventures
DCVC Bio
Draper Associates
Illinois Ventures
Mayo Clinic
Allegis Capital
Other known 3 additional known investors
University of Illinois at Chicago
Small Business Innovation Research
XLerateHealth

Global footprint

Where Syntax Bio has talent and traffic

Workforce by country
2 countries with
team presence
🇺🇸 United States94.1%
🇨🇦 Canada5.9%
2 countries shown

In the news

Latest news about Syntax Bio

Recent press, funding announcements, and product moves mentioning Syntax Bio — open to read from the original sources.

See all news

Market sentiment

What the market is saying about Syntax Bio

An AI-synthesized read of the highest-engagement posts about Syntax Bio on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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

See Syntax Bio’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.