About Benchsci
Benchsci is a company based in Toronto (Canada) founded in 2015.. Benchsci has raised $157.73 million across 8 funding rounds from investors including Northleaf, Generation Investment Management and Inovia Capital. Benchsci offers products and services including ASCEND. Benchsci operates in a competitive market with competitors including Nona Biosciences, EPITOPIC, Deep Biologics, AB-Pred and NatIgGs, among others.
- Headquarter Toronto, Canada
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Sectors
HealthcareTechnology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Scinapsis Analytics 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
$157.73 M (USD)
in 8 rounds
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Latest Funding Round
$70 M (USD), Series D
May 25, 2023
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Investors
Northleaf
& 11 more
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Employee Count
Employee Count
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Products & Services of Benchsci
Benchsci offers a comprehensive portfolio of products and services, including ASCEND. 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.
Generative AI tool for analyzing scientific data in pharma R&D
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Funding Insights of Benchsci
Benchsci has successfully raised a total of $157.73M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $70 million completed in May 2023. 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 8
- Last Round Series D — $70.0M
- First Round First Round
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series D - Benchsci | Valuation | Generation Investment Management | |
| Jan, 2022 | Amount | Series C - Benchsci | Valuation | Inovia Capital , TCV | |
| Feb, 2020 | Amount | Series B - Benchsci | Valuation | F-Prime Capital |
| 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 Benchsci
Benchsci has secured backing from 12 investors, including venture fund investors. Prominent investors backing the company include Northleaf, Generation Investment Management and Inovia 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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Private equity firm focused on sustainable investments
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Founded Year | Domain | Location | |
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Investments are made in early-stage technology companies by Inovia Capital.
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Founded Year | Domain | Location | |
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Venture capital is invested in global technology companies by TCV.
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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 Benchsci
| 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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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Benchsci
| 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 |
Benchsci Comparisons
Competitors of Benchsci
Benchsci 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 Nona Biosciences, EPITOPIC, Deep Biologics, AB-Pred and NatIgGs, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Offers antibody discovery, development, and engineering services for biotherapeutics.
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| domain | founded_year | HQ Location |
Provider of cell therapy and antibody services
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| domain | founded_year | HQ Location |
Provider of an AI-based antibody mining and screening platform for R&D work
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| domain | founded_year | HQ Location |
Provides antibody prediction software for specialized applications.
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| domain | founded_year | HQ Location |
Biotech startup discovers and improves natural antibodies for brain disease treatments using AI.
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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 Benchsci
Frequently Asked Questions about Benchsci
When was Benchsci founded?
Benchsci was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Benchsci located?
Benchsci is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Benchsci a funded company?
Benchsci is a funded company, having raised a total of $157.73M across 8 funding rounds to date. The company's 1st funding round was a Series B of $22M, raised on May 01, 2016.
What does Benchsci do?
Founded in 2015 and based in Toronto, Canada, BenchSci operates in the biotechnology sector. An AI-based platform is provided to enable searches across millions of scientific papers for antibody usage evidence. Data is extracted and organized around specific antibodies to support reagent and antibody selection. Biomedical discoveries are facilitated through streamlined experiment design and data management processes.
Who are the top competitors of Benchsci?
Benchsci's top competitors include Deep Biologics, EPITOPIC and Nona Biosciences.
What products or services does Benchsci offer?
Benchsci offers ASCEND.
Who are Benchsci's investors?
Benchsci has 12 investors. Key investors include Northleaf, Generation Investment Management, Inovia Capital, TCV, and F-Prime Capital.
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