Benchling - About the company
Benchling is a series F company based in San Francisco (United States), founded in 2012 by Ashu Singhal and Sajith Wickramasekara. It operates as a Provider of a cloud-based bioinformatics platform for biotech research. Benchling has raised $412M in funding from investors like Altimeter Capital, Y Combinator and Andreessen Horowitz, with a current valuation of $6.1B. The company has 519 active competitors, including 82 funded and 39 that have exited. Its top competitors include companies like Helix, Congenica and Latch.
Sectors and market segments that Benchling operate in
Benchling serves in the Life Sciences, HealthTech market segments.The primary business model of Benchling are:Company Details
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 company's tools are cloud-based and so can be shared with people instantly.
- Website
- www.benchling.com
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2012
Location
San Francisco, United States
Stage
Series F
Total Funding
$412M in 9 rounds
Latest Funding Round
Post Money Valuation
$6.1B as on Nov 18, 2021
Investors
Ranked
1st among 519 active competitors
Employee Count
806 as on May 31, 2026
Investment & Acquisitions
Legal entities associated with Benchling
Benchling is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BENCHLING, INC. CIN: 455365648 , United States, Active | Dec 31, 2011 | - | 600 (As on Dec 31, 2024) | - |
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Benchling's funding and investors
Benchling has raised a total funding of $412M over 9 rounds. Its first funding round was on Feb 20, 2014. Its latest funding round was a Series F round on Nov 18, 2021 for $100M. 4 investors participated in its latest round. Benchling has 29 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Benchling:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 18, 2021 | $100M | Series F | $6.1B | - | ||
Apr 14, 2021 | $200M | Series E | $4B | - | ||
May 29, 2020 | $50M | Series D | - | - |
View details of Benchling's funding rounds and investors
Benchling's founders and board of directors
Founder? Claim ProfileThe founders of Benchling are Ashu Singhal and Sajith Wickramasekara.
Here are the details of Benchling's key team members:
- Ashu Singhal: Co-Founder & President of Benchling. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Sajith Wickramasekara: Co-Founder & CEO of Benchling. They are also an angel investor in 1 startup.Contact Info: 1 email address
View details of Benchling's Founder profiles and Board Members
Benchling's employee count trend
Benchling has 806 employees as of May 26. Here is Benchling's employee count trend over the years:
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Benchling's Competitors and alternates
Top competitors of Benchling include Helix, Congenica and Latch. Here is the list of Top 10 competitors of Benchling, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Benchling 2012, San Francisco (United States), Series F | Provider of a cloud-based bioinformatics platform for biotech research | $412M | 73/100 | |
2nd | Helix 2015, San Francisco (United States), Series E | Provider of a genomic database for clinical research | $435M | 71/100 | |
3rd | Congenica 2013, Cambridge (United Kingdom), Acquired | Developer of software for clinical genomic interpretation and variant analysis | $81.9M | 62/100 | |
4th | Latch 2021, San Francisco (United States), Series A | Provider of a web-based platform for genomic bioinformatics | $33M | 59/100 | |
5th | Provider of bioinformatics tools for the analysis of genome sequencing data | $48.8M | 57/100 | ||
6th | BostonGene 2015, Waltham (United States), Series B | Developer of cloud-based information and analytics platform to treat cancer | $200M | 57/100 | |
7th | NextBio 2004, Santa Clara (United States), Acqui-Hired | NextBio provides a platform to aggregate and interpret large quantities of genomic data for research and clinical applications. | $28.3M | 56/100 | |
8th | Genialis 2015, Boston (United States), Series A | Developer of end-to-end bioinformatics software solutions | $16M | 56/100 | |
9th | Genedata 1997, Basel (Switzerland), Acquired | Software solutions for drug discovery, industrial biotechnology, and life science research | - | 56/100 | |
10th | SCIEX 1970, Boston (United States), Acquired | Provider of scientific instrumentation, software, and services for the life science industry | - | 54/100 |
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Benchling's Investments and acquisitions
Benchling has made 1 investment in Mesh Ai and acquired Overwatch Research.Reports related to Benchling
Here is the latest report on Benchling's geography:
News related to Benchling
Media has covered Benchling for 1 event in last 1 year, It was about partnerships.
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Benchmark invests $19M in New Lantern, a smarter way for radiologists to use AITechCrunch+•Nov 21, 2024•Benchmark Email, New Lantern AI, AcuityMD, Amplitude and 10 others
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Benchling Builds Digital Data Foundation Powering Sanofi AI-Driven R&DPR Newswire•Jun 11, 2024•Benchling, Sanofi
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Frontline Ventures Secures $200M For B2B Startups Across The AtlanticSuperbCrew•Mar 22, 2024•Frontline Ventures, Frontline, Workvivo, Qualio and 4 others
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Benchling appoints first EMEA general manager amidst rapid European growthPR Newswire•Jan 19, 2023•Benchling, Okta, Dynavax
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Benchling Announces New Executive Appointments and 1,000 Customer MilestonePR Newswire•Aug 25, 2022•Benchling
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