BenchSci

SoftwareSeries DToronto, Canadabenchsci.com

Latest round

Series D

Last raised

May 2023

Total raised

$165M

Investors

10

About BenchSci

Founded in Toronto, Canada, in 2015, BenchSci specializes in AI-driven solutions for preclinical research.BenchSci's core offering is the ASCEND platform, designed as a science-first Generative AI (GenAI) R&D tool aimed at enhancing preclinical research in the life sciences sector. ASCEND serves as an AI assistant for scientists, facilitating navigation through complex biological data and research methodologies. The platform utilizes a sophisticated knowledge graph to create an evidence map of disease biology, synthesizing insights from scientific literature, patents, and historical lab results.Revenue for BenchSci is generated through a subscription-based model for its ASCEND platform, which may include tiered pricing options based on client needs. Partnerships with pharmaceutical companies and academic institutions are crucial, allowing these entities to enhance their research capabilities through direct subscriptions to access the platform’s features, including data integration and experimental guidance. Future growth initiatives include the development of new product features and the exploration of additional geographic markets to enhance their reach and impact.

Who invested in BenchSci

10 investors across 7 rounds

See all investors in BenchSci

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series D

    May 25, 2023

    Amount

    $70M

    Investors

    Locked

  2. Series C

    Jan 24, 2021

    Amount

    $50M

    Investors

    Locked

  3. Series B

    Feb 4, 2020

    Amount

    $17M

    Investors

    Locked

  4. Series A

    Jun 25, 2019

    Amount

    $21M

    Investors

    Locked

  5. Series A

    May 2, 2018

    Amount

    $8M

    Investors

    Locked

  6. Seed

    Jul 10, 2017

    Amount

    Undisclosed

    Investors

    Locked

  7. Seed

    Oct 1, 2016

    Amount

    Undisclosed

    Investors

    Locked

Questions about BenchSci

Who invested in BenchSci?

BenchSci has 10 investors on record across 7 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has BenchSci raised?

BenchSci has raised 7 venture rounds. Sign up free to see how much each round raised and the total.

When did BenchSci last raise money?

BenchSci's most recent round on record is a Series D, in May 2023.

What does BenchSci do?

Founded in Toronto, Canada, in 2015, BenchSci specializes in AI-driven solutions for preclinical research.

Where is BenchSci headquartered?

BenchSci is headquartered in Toronto, Canada.

Which VCs invest in companies like BenchSci?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at BenchSci's stage. Their profiles are linked below.

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