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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
Valuation & funding
BenchSci funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| 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 | — |
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.
Hiring
Open positions at BenchSci
Current openings linked to this company in Dealroom.
Comparisons
BenchSci compared with similar companies
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Talent graph
BenchSci's talent
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.

Global footprint
Where BenchSci has talent and traffic
team presence
In the news
Latest news about BenchSci
Recent press, funding announcements, and product moves mentioning BenchSci — open to read from the original sources.
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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