About Benchling
Benchling is a company based in San Francisco (United States) founded in 2012 by Ashu Singhal.. Benchling has raised $411.9 million across 9 funding rounds from investors including Fidelity Investments, Franklin Templeton and Spark Capital. Benchling has completed 1 acquisition, including Overwatch Research. Benchling offers products and services including Benchling Bioresearch, Benchling Bioprocess, and Benchling In Vivo. Benchling operates in a competitive market with competitors including Helix, BioAge Labs, Ingenuity Systems, Genuity Science and NTxBio, among others.
- Headquarter San Francisco, United States
- Founders Ashu Singhal
- Stage Unicorn
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Benchling, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$411.9 M (USD)
in 9 rounds
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Latest Funding Round
$100 M (USD), Series F
Nov 18, 2021
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Investors
Fidelity Investments
& 24 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Benchling
Benchling offers a comprehensive portfolio of products and services, including Benchling Bioresearch, Benchling Bioprocess, and Benchling In Vivo. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for planning and recording experiments in biotech research.
Tools for end-to-end process development in biopharmaceuticals.
System for managing and analyzing in vivo study data.
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Software Development Team
42 people
Product Management Team
30 people
Leadership Team
21 people
Finance and Accounting
12 people
Sales and Marketing
11 people
Human Resources and Administration
8 people
Legal and Compliance
5 people
Head Team
4 people
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Funding Insights of Benchling
Benchling has successfully raised a total of $411.9M across 9 strategic funding rounds. The most recent funding activity was a Series F round of $100 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series F — $100.0M
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First Round
First Round
(20 Feb 2014)
- Investors Count 25
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2021 | Amount | Series F - Benchling | Valuation | Altimeter Capital , Franklin Templeton Investments | |
| Apr, 2021 | Amount | Series E - Benchling | Valuation | Sequoia Capital , Altimeter Capital | |
| May, 2020 | Amount | Series D - Benchling | Valuation | Alkeon Capital Management |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Benchling
Benchling has secured backing from 25 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Fidelity Investments, Franklin Templeton and Spark Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Long/short equity hedge fund and VC fim
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Long/short and long-only strategies are employed by the hedge fund.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Benchling
Benchling has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Overwatch Research. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Clinical data and workflows are managed through an online platform.
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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Bionic investment advisor platform
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Benchling
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Benchling Comparisons
Competitors of Benchling
Benchling operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Helix, BioAge Labs, Ingenuity Systems, Genuity Science and NTxBio, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Genomic database for clinical research is provided.
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| domain | founded_year | HQ Location |
Bioinformatics platform is provided for biomarkers and drug discovery.
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| domain | founded_year | HQ Location |
Genomic data is analyzed and interpreted via web-based applications.
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| domain | founded_year | HQ Location |
AI-based omics data analysis solutions are provided to researchers.
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| domain | founded_year | HQ Location |
Provider of bio informatics platform to develops biologics and therapeutics
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Benchling
Frequently Asked Questions about Benchling
When was Benchling founded?
Benchling was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Benchling located?
Benchling is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Benchling a funded company?
Benchling is a funded company, having raised a total of $411.9M across 9 funding rounds to date. The company's 1st funding round was a Series D of $50M, raised on Feb 20, 2014.
What does Benchling do?
Provider of a cloud-based bioinformatics platform for biotech research It includes the premier suite for molecular biology research: CRISPR guide design, automated Gibson and Golden Gate cloning, primer design, multiple sequence alignment, and more. Other apps include image analysis like gel annotation and colony counting and protocol design with spreadsheet functionality. The companys tools are cloud-based and so can be shared with people instantly.
Who are the top competitors of Benchling?
Benchling's top competitors include Helix, BioAge Labs and NTxBio.
What products or services does Benchling offer?
Benchling offers Benchling Bioresearch, Benchling Bioprocess, and Benchling In Vivo.
How many acquisitions has Benchling made?
Benchling has made 1 acquisition, including Overwatch Research.
Who are Benchling's investors?
Benchling has 25 investors. Key investors include Fidelity Investments, Franklin Templeton, Spark Capital, Alkeon Capital Management, and Benchmark Email.
What is Benchling's valuation?
The valuation of Benchling is $6.1B as of Nov 2021.
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