Teiko Bio
Salt Lake City, US · Founded 2020 · Delaware corporation · 9 known investors
Teiko provides CLIA-validated high-dimensional cytometry services—including spectral flow and mass cytometry panels, blood preservation kits, gating, and a data analysis dashboard—for immune cell profiling in clinical trials. It serves pharmaceutical and clinical research teams running global Phase I-IV trials across the US, EU, and Australia.
Also known as Teiko · Teiko.bio
Founders & leadership
Teiko Bio was founded in 2020 by Ramji Srinivasan and Matt.
Board

Investors · 9
Also in the syndicate · 3
Reported raises · per SEC filings
Form D private placements$11.6M disclosed across 1 of 2 rounds · 2021
▶$11.6MraisedOct 2021 · 40 investors · OtherRule 506(b)
- Ramji SrinivasanExecutive Officer, Director
- Matthew SpitzerDirector
- Victor WangDirector
- Offering amount
- $15.3M
- Amount sold
- $11.6M
- First sale
- Sep 2021
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Teiko Bio (teiko.bio) is a precision immune monitoring company that provides high-dimensional cytometry services for clinical trials and diagnostics development. Its offering, marketed as TokuProfile, combines four components: TokuKit whole blood collection and preservation kits; CLIA-validated spectral flow and mass cytometry panels; expert gating with quality-control checks; and a dashboard that performs statistical analysis and reporting on the resulting data.
TokuKit is a three-step, roughly 20-minute collect–fix–freeze workflow that requires no centrifuge or specialized equipment or training. Samples are frozen at -80°C and, according to the company, remain stable for months rather than the days typical of preservation methods such as Transfix or Cyto-Chex; unlike PBMC isolation, the kit preserves granulocytes including neutrophils, basophils and mast cells. The fixation reagent is PFA-based and methanol-free. Because fixation and permeabilization degrade forward- and side-scatter resolution, Teiko's panels gate on surface markers (for example CD66b for granulocytes) instead of scatter, and use SIGLEC-8 as a dump gate to exclude eosinophils, which the company reports are difficult to identify reliably by mass cytometry and highly sensitive to pre-fixation storage conditions.
Analytical products include off-the-shelf basic TBNK panels (markers include CD3, CD4, CD8, CD11c, CD14, CD16, CD19, CD45, CD56 and CD66b) for spectral flow and mass cytometry on either PBMCs or fixed whole blood, a focused 10-marker TokuFocus panel that can be upgraded in batches to a full panel, modular "building blocks" panel configurations, and custom panels handled case by case. The dashboard provides immune composition boxplots with p-values and FDR, unsupervised clustering and UMAP for discovering cell populations associated with response, a full gating tree per sample, and raw data export.
Founding story
The company was co-founded by Matt Spitzer, scientific cofounder and UCSF Assistant Professor, and Ramji Srinivasan, CEO and cofounder, with the stated aim of making immune monitoring a clinical reality.
Business model
Teiko sells laboratory services and consumables to trial sponsors: preservation kits (TokuKit), per-panel cytometry runs priced by panel, gating and analysis, and access to its reporting dashboard. It can act either as a central lab receiving samples directly or as an intermediary shipping to a sponsor's CRO, and can integrate absolute cell count data generated by an external CRO. Tiered panel options (focused panel with paid upgrade to the full panel, modular building blocks) create expansion revenue within a study.
Fee-for-service and consumables revenue, with published pricing by panel and upgrade paths from focused to full panels; cytometry readouts are delivered via published data transfer specifications into sponsors' clinical trial data systems.
Traction
The company reports more than 5,000 specimens processed in its CLIA lab, more than 3,000 TokuKits shipped, and 25 or more active and completed Phase I-IV clinical trials. It supports trials in the US, EU and Australia and operates a CLIA-compliant laboratory in Salt Lake City receiving samples on weekdays.
Latest developments
Current offerings described on the company's site include TokuProfile multi-parameter cytometry for global clinical trials, the TokuFocus 10-marker panel with batch upgrade to full panels, modular building-block panel configurations, and dashboard-based reporting with published data transfer specifications for integration into sponsors' clinical data systems.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Positions itself as a specialized central-lab alternative to conventional flow cytometry providers, emphasizing sample stability, reproducibility and depth of immune profiling for multi-site trials. It is cited as a portfolio company and alumnus of the Altitude Lab incubator in Salt Lake City.
Combination of shippable, equipment-free blood fixation that preserves granulocytes and extends sample stability from days to months, CLIA-validated high-parameter panels with documented low run-to-run variability, standardized expert gating with QC checks, and an integrated analysis dashboard—delivered as a single service rather than as separate kit, lab and analytics vendors.
Technology
High-parameter spectral flow cytometry and mass cytometry panels resolving more than 750 immune cell populations, run under CLIA validation with reported single-digit and sub-5% run-to-run coefficients of variation. A PFA-based, methanol-free whole blood fixation chemistry lyses red blood cells and stabilizes immune cell population frequencies and functional marker expression for months at -80°C, with reported minimal RBC carryover (0.12% in one example) and no significant cell loss during fixation. Software includes automated statistical analysis, unsupervised clustering and UMAP, gating trees, and raw data export.
Go-to-market
Direct sales to trial sponsors through website contact and dashboard demo requests, supported by published panel pricing, technical FAQ content, and validation collaborations with academic cancer centers and nonprofit research consortia such as the Parker Institute for Cancer Immunotherapy. Advisory board members with clinical oncology and diagnostics commercialization backgrounds support commercial development.
Pharmaceutical and biotech sponsors and clinical research organizations running global, multi-year Phase I-IV trials, as well as academic cancer centers and immunotherapy researchers.
Geography
Headquartered in Salt Lake City, Utah, with a CLIA-compliant laboratory at 675 Arapeen Drive, Suite 301, Salt Lake City. Supports global, multi-year clinical trials across the United States, European Union and Australia.
History
Teiko emerged publicly in December 2021, announcing its launch together with an oversubscribed $11.6 million Series A led by HOF Capital, with Founders Fund Pathfinder, Global Founders Capital and EPIC Ventures participating. At launch it announced a multi-phase discovery partnership with the Parker Institute for Cancer Immunotherapy, ongoing work with a Huntsman Cancer Institute investigator, and three additions to its Scientific and Commercial Advisory Board. The company incubated at Altitude Lab in Salt Lake City, and by 2024 was listed among alumni and portfolio companies whose collective funding exceeded $120 million. It has since built out a commercial service line including TokuKit preservation kits, TokuProfile panels, TokuFocus focused panels and a customer-facing analytics dashboard.
Compiled by commissioned research from 5 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 5
launches, deals, and filingsTeiko's website introduces TokuProfile, a multi-parameter cytometry service for global clinical trials, alongside TokuKit blood preservation kits, CLIA-validated spectral flow and mass cytometry panels, gating services, and a data dashboard.
Teiko Bio announced its launch alongside an oversubscribed $11.6 million Series A led by HOF Capital, with participation from Founders Fund Pathfinder, Global Founders Capital and funds managed by EPIC Ventures, plus undisclosed angels. Proceeds were earmarked for building the immune profiling platform and algorithms, predictive immune signatures of treatment outcomes, interactive client reports, and collaborations with cancer centers.
$11.6M source ↗
Teiko appointed Dr. Chaoyuan (Charlie) Kuang, medical oncologist and Assistant Professor at Albert Einstein College of Medicine; Rick Lanman, MD, former Global CMO of Guardant Health; and Daniel Simon, SVP of BioPharma BD at Guardant Health, to its Scientific and Commercial Advisory Board.
Funding supports ongoing work with Dr. Siwen Hu-Lieskovan, Director of Solid Tumor Immunotherapy at the Huntsman Cancer Institute, University of Utah, to identify and validate predictive signatures and diagnostics.
Teiko announced a multi-phase discovery partnership with the Parker Institute for Cancer Immunotherapy (PICI), a San Francisco-based nonprofit, and PICI investigators, to advance next-generation immuno-oncology therapies and diagnostics for solid tumors.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structureIn the news
▸Research sources · 5
primary sources listed
- Teiko Bioteiko.bio · web
5 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Teiko Bio do?
- Teiko Bio runs a CLIA lab offering high-parameter cytometry, blood preservation kits and analytics for clinical trials.
- Who founded Teiko Bio?
- Teiko Bio was founded by Ramji Srinivasan, Matt in 2020.
- Who are Teiko Bio's investors?
- Teiko Bio's investors include Civilization Ventures Management, Llc, HAWKTAIL, HOF Capital, Tau Ventures, Twine Ventures, Western Technology Investment.
- How much funding has Teiko Bio raised?
- Teiko Bio has disclosed $11.6M raised across 1 of its 2 known rounds.
- Where is Teiko Bio headquartered?
- Teiko Bio is headquartered in Salt Lake City, US.



