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BenchSci

Biotech & Life Sciences · Toronto, Canada · Founded 2015

Generating searchable results to help shorten the drug discovery process MoreLess

BenchSci is a startup that operates in the biotechnology sector, specifically focusing on preclinical research and development (R&D). The company uses artificial intelligence (AI) and proprietary visual machine learning to create a comprehensive map of disease biology. This map is built using data from published experiments, internal data, vendor catalogs, and ontology datasets. The aim is to help scientists understand existing research, thereby increasing the efficiency and yield of their R&D efforts.

BenchSci's primary product is ASCEND, a preclinical R&D platform. This platform uses patented machine learning technology to extract evidence from various data sources. It is designed to assist scientists across different therapeutic areas and at any stage of a research project. ASCEND helps in hypothesis generation, developing experimental approaches, and identifying risks from preclinical experiments.

The company's business model revolves around providing this platform to scientists and research organizations. By offering a tool that can augment due diligence, accelerate research, and reduce risks, BenchSci is able to generate revenue. The platform's intuitive interface and easy deployment across an enterprise make it a valuable tool for its clients.

In summary, BenchSci operates in the biotech market, serving scientists and research organizations. It uses AI and machine learning to extract and organize data, which is then used to assist in preclinical R&D. The company generates income by providing its ASCEND platform to clients.

Keywords: Biotechnology, Preclinical Research, Artificial Intelligence, Machine Learning, Disease Biology, Data Extraction, Research and Development, Risk Identification, Hypothesis Generation, Enterprise Deployment.

Company overview

BenchSci company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2015
Headquarters
Toronto, Canada
Employees
265
Open positions
2
Dealroom signal
62.4
sub industryBioTechnologybusiness modelManufacturingindustryHealthsectorBiotechnologysectorDrug DevelopmentsectorCore AIsectorSpinoutsectorTech for Biotech and PharmasectorGenerative AIsectorAI Drug DiscoverysectorgenAI Model MakersectorgenAI Applicationssectorai model layersectorNIF defense security and resilience

Valuation & funding

BenchSci funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES DOther financing May 2023 $70M $279M TCV · Inovia Capital · Golden Ventures · F-Prime
SERIES COther financing Jan 2022 $46M $185M Northleaf · Golden Ventures · Inovia Capital · TCV
SERIES BOther financing Feb 2021 $10M $40M F-Prime
SERIES BOther financing Feb 2020 $22M $88M Real Ventures · Inovia Capital · Northleaf · F-Prime
SERIES AOther financing Jun 2019 $5.1M $20M Gradient Ventures
SERIES AOther financing May 2018 Golden Venture Partners · Afore Capital · Radical Investments · Real Ventures
SEEDOther financing Jun 2017 Radical Investments
SEEDOther financing Oct 2016 Golden Venture Partners · Afore Capital · Real Ventures
SEEDOther financing May 2016 Ontario Centre of Innovation · Two Small Fish Ventures
GRANTOther financing Oct 2015 Undisclosed
Showing 10 recorded eventsUnlock the complete deal history →

Growth signals

BenchSci website traffic

Latest recorded traffic for BenchSci is 19K monthly website visits, down 9.5% over the last three months. BenchSci's team declined 6.7% over the past year.

Latest monthly visits19K 3-month web change-9.5% 1-year team growth-6.7%
Monthly website visits109 observations · May 2017–Jul 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

BenchSci compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

BenchSci's talent

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Team profiled 26 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

14 investors on BenchSci's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 6 investors entered at this stage
Ontario Centre of Innovation
Two Small Fish Ventures
Real Ventures
Golden Venture Partners
Afore Capital
Radical Investments
Series A 4 investors entered at this stage
Inovia Capital
Gradient Ventures
F-Prime
Northleaf
Series B+ 3 investors entered at this stage
TCV
Golden Ventures
Generation Investment Management
Other known 1 additional known investor
University of Toronto

Global footprint

Where BenchSci has talent and traffic

Workforce by country
6 countries with
team presence
🇨🇦 Canada81.7%
🇺🇸 United States9.8%
🇬🇧 United Kingdom6.8%
🇧🇷 Brazil0.8%
🇮🇪 Ireland0.4%
Top 5 of 6 shown

In the news

Latest news about BenchSci

Recent press, funding announcements, and product moves mentioning BenchSci — open to read from the original sources.

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Market sentiment

What the market is saying about BenchSci

An AI-synthesized read of the highest-engagement posts about BenchSci on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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