Altis Biosystems
Durham, US · Founded 2015 · Delaware corporation · 27 employees on LinkedIn · 7 known investors
Altis Biosystems builds RepliGut®, human intestinal tissue models grown from human intestinal stem cells that provide human-relevant preclinical data for drug absorption, metabolism, toxicity, and disease modeling. It serves pharmaceutical and life-science researchers as an alternative to animal studies and Caco-2 cell lines, offering ready-to-use kits and custom studies.
Founders & leadership

Board

Investors · 7
Reported raises · per SEC filings
Form D private placements$6.6M disclosed across 3 rounds · 2019–2025
▶$2.1MraisedApr 2025 · 9 investors · BiotechnologyRule 506(b)
- Christopher PerkinsDirector
- Michael DialDirector
- Christopher SimsExecutive Officer
- Benjamin ScruggsExecutive Officer, Director
- Jimmy SmedleyExecutive Officer
- Susan MahonyDirector
- Kevin CauseyDirector
- Offering amount
- $2.3M
- Amount sold
- $2.1M
- First sale
- Mar 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$1.4MraisedAug 2022 · 17 investors · BiotechnologyRule 506(b)
- Benjamin ScruggsDirector
- Joseph McMahonDirector
- Samuel FranklinDirector
- Christopher SimsExecutive Officer, Director
- Susan MahonyDirector
- Michael BironExecutive Officer, Director
- Offering amount
- $5M
- Amount sold
- $1.4M
- First sale
- Jul 2022
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
▶$3.1MraisedJul 2020 · 42 investors · BiotechnologyRule 506(b)
- Samuel FranklinDirector
- Joseph McMahonDirector
- Michael BironExecutive Officer, Director
- Christopher SimsExecutive Officer, Director
- Susan MahonyDirector
- Offering amount
- $3.1M
- Amount sold
- $3.1M
- First sale
- Dec 2019
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 4
by search overlapCompanies competing with Altis Biosystems for the same Google search keywords, organic and paid, via search-intersection analysis.
Non-dilutive funding · 12 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| National Institutes of Health (NIH)National Institutes of Health | Phase II | 2023 | $913.7K |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2023 | $343.3K |
| National Institutes of Health (NIH)National Institutes of Health | Phase II | 2022 | $2M |
| National Institutes of Health (NIH)National Institutes of Health | Phase II | 2022 | $1.9M |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2022 | $294K |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2022 | $256.6K |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2021 | $256.5K |
| National Institutes of Health (NIH)National Institutes of Health | Phase II | 2020 | $1.4M |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2020 | $245.9K |
| National Institutes of Health (NIH)National Institutes of Health | Phase II | 2019 | $1.5M |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2019 | $223K |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2018 | $224.9K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
Frequently asked questions
- What does Altis Biosystems do?
- Altis Biosystems builds RepliGut®, human intestinal tissue models grown from human intestinal stem cells that provide human-relevant preclinical data for drug absorption, metabolism, toxicity, and disease modeling. It serves pharmaceutical and life-science researchers as an alternative to animal studies and Caco-2 cell lines, offering ready-to-use kits and custom studies.
- Who are Altis Biosystems's investors?
- Altis Biosystems's investors include Atlanta Technology Angels, Central Texas Angel Network, Checkmate Capital Group LLC, IDEA NC, Johnson Venture Partners, VentureSouth, Hatteras Venture Partners.
- How much funding has Altis Biosystems raised?
- Altis Biosystems has disclosed $6.6M raised across 3 rounds.
- Where is Altis Biosystems headquartered?
- Altis Biosystems is headquartered in Durham, US.





