Altis Biosystems

Medical AI · Drug Discovery
$5.2Mtotal raised · 15 rounds on record
$2.1Mlatest round · Venture round · Mar 2025 · 19 mo ago
$11.3Mgrants · 13 grants · CORDIS
10+team · employees, estimated range

Overview

Altis builds RepliGut human intestinal models from stem cells, so pharma can predict drug absorption, metabolism, and GI toxicity in people, not animals.

Funding and backers

Total raised
$5.2M
15 rounds on record
Latest round
$2.1M
Venture round · Mar 2025 · 19 mo ago
Team
11-50
employees, estimated range
Grants
$11.3M
13 grants · CORDIS
The money's age
Due for its next round
19 months since the last round · not hiring
Momentum
0/100
no fresh signals
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Jun 15, 2025 Won a grant $836k · CORDIS Sep 1, 2023 Won a grant $343k · CORDIS Jul 1, 2023 Won a grant $1.8M · CORDIS Sep 30, 2022 Won a grant $1.9M · CORDIS Jul 1, 2022 Won a grant $257k · CORDIS May 9, 2022 Won a grant $294k · CORDIS May 1, 2022 Won a grant $2M · CORDIS Jul 1, 2021 Won a grant $257k · CORDIS Sep 1, 2020 Won a grant $1.4M · CORDIS Jul 22, 2020 Board appointment Joseph McMahon, Director · SEC Form D Apr 1, 2020 Won a grant $246k · CORDIS Jan 17, 2020 New executive Michael Biron, Executive Officer, Director · SEC Form D Dec 30, 2019 Raised a round Venture round $3.1M · SEC Form D Sep 13, 2019 Won a grant $1.5M · CORDIS Aug 1, 2019 Won a grant $223k · CORDIS Sep 21, 2018 Won a grant $225k · CORDIS 2018 Founded
Funding rounds
RoundDateAmountInvestorsSource
Grant Jun 2025 $836k — CORDIS
Venture round Mar 2025 $2.1M — SEC Form D
Grant Sep 2023 $343k — CORDIS
Grant Jul 2023 $1.8M — CORDIS
Grant Sep 2022 $1.9M — CORDIS
Grant Jul 2022 $257k — CORDIS
Grant May 2022 $294k — CORDIS
Grant May 2022 $2M — CORDIS
Grant Jul 2021 $257k — CORDIS
Grant Sep 2020 $1.4M — CORDIS
Grant Apr 2020 $246k — CORDIS
Venture round Dec 2019 $3.1M — SEC Form D
Grant Sep 2019 $1.5M — CORDIS
Grant Aug 2019 $223k — CORDIS
Grant Sep 2018 $225k — CORDIS
Registers and programsofficial lists and records that name the company
Legal entity Altis Biosystems, Inc. SEC Form D
Founders and leadersfrom filings, registers and the company's site
Christopher SimsExecutive OfficerSEC Form D
Benjamin ScruggsExecutive Officer, DirectorSEC Form D
Jimmy SmedleyExecutive OfficerSEC Form D
Michael BironExecutive Officer, DirectorSEC Form D
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Financials

Total raised
$16.5M
Latest round
Grant
Funding rounds
15
Funding rounds
Round Announced Amount
Grant 2025 $836k Details
Venture - Series Unknown 2025 $2.1M Details
Grant 2023 $343k Details
Grant 2023 $1.8M Details
Grant 2022 $1.9M Details
Grant 2022 $257k Details
Grant 2022 $294k Details
Grant 2022 $2M Details
Grant 2021 $257k Details
Grant 2020 $1.4M Details
Grant 2020 $246k Details
Venture - Series Unknown 2019 $3.1M Details
Grant 2019 $1.5M Details
Grant 2019 $223k Details
Grant 2018 $225k Details

People

Christopher Sims
Executive Officer
Benjamin Scruggs
Executive Officer, Director
Jimmy Smedley
Executive Officer
Michael Biron
Executive Officer, Director
Christopher Perkins
Director
Michael Dial
Director
Susan Mahony
Director
Kevin Causey
Director
Samuel Franklin
Director
Joseph McMahon
Director
Names and roles come from public filings, company registers and the company's own site. Is this you? Correct or remove · How we handle this data

Offices

Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
Durham United States
HQ
4.9 out of 5 stars from 47 reviews
10-50 est. staff
6 Davis Drive, Durham, NC 27713
company site