Syntax
Chicago, US · Founded 2021 · 17 employees on LinkedIn · 7 known investors
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Syntax Bio develops a discovery platform that accelerates stem cell-derived therapies by using its proprietary Cellgorithm technology to control and direct cell differentiation. The platform enables biopharma companies to speed up cell therapy development, reduce manufacturing costs, and expand their pipeline of potential treatments.
Founders & leadership
Syntax was founded in 2021 by Ryan Clarke, Niko Balanis, PhD, Brad Merrill, PhD, and Matt MacDougall, MD, PhD.


Board
Investors · 7
Funding
SEC filings, press & company announcements$30.5M disclosed across 3 rounds · 2025–2026
▶$1.7MraisedJan 2026 · 27 investors · Other TechnologyRule 506(b)
- Patrick ShaddowExecutive Officer, Director
- Richard PhillipsDirector
- Rory Balfour RiggsDirector
- Barry Michael FoxDirector
- Offering amount
- $6M
- Amount sold
- $1.7M
- Minimum investment
- $25K
- Sales commissions
- $360K
- Finders' fees
- $60K
- Proceeds to insiders
- $390K
- Placement agents
- Metric, Metric Financial
- First sale
- Dec 2025
- Incorporated
- Limited Liability Company, New York
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 5
by search overlapCompanies competing with Syntax for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Syntax do?
- Syntax Bio develops a discovery platform that accelerates stem cell-derived therapies by using its proprietary Cellgorithm technology to control and direct cell differentiation. The platform enables biopharma companies to speed up cell therapy development, reduce manufacturing costs, and expand their pipeline of potential treatments.
- Who founded Syntax?
- Syntax was founded by Ryan Clarke, Niko Balanis, PhD, Brad Merrill, PhD, Matt MacDougall, MD, PhD in 2021.
- Who are Syntax's investors?
- Syntax's investors include Astellas Venture Management LLC, DCVC (Data Collective), DCVC Bio, Draper Associates, Illumina Ventures, Portal Innovations, Walder Ventures.
- How much funding has Syntax raised?
- Syntax has disclosed $30.5M raised across 3 rounds.
- Where is Syntax headquartered?
- Syntax is headquartered in Chicago, US.







