BenchSci

BenchSci

AI-driven platform for preclinical research

About

BenchSci operates in the biotechnology sector, specializing in preclinical research and development. The company uses artificial intelligence and machine learning to create a detailed map of disease biology, which helps scientists understand existing research and improve their R&D efficiency. Its main product, ASCEND, is a platform that extracts evidence from various data sources to assist scientists in hypothesis generation and risk identification. BenchSci aims to empower researchers by providing tools that enhance research productivity and reduce risks.

Company Stage

Series D

Employees

201-500

Industries

AI & Machine Learning, Biotechnology

Total Funding

$156.6M

Headquarters

Toronto, Canada

Founded

2015


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Simplify's Take

What believers are saying

  • $95M Series D funding boosts BenchSci's AI platform development and market reach.
  • Generative AI integration enhances ASCEND's predictive capabilities for hypothesis generation.
  • Recognition as a Best Workplace for Inclusion attracts top talent and fosters innovation.

What critics are saying

  • 17% workforce reduction may impact morale and innovation at BenchSci.
  • Heavy reliance on external funding poses financial risks if future rounds falter.
  • Rapid team expansion could lead to integration challenges and inefficiencies.

What makes BenchSci unique

  • BenchSci's ASCEND platform uses AI to map disease biology for drug discovery.
  • ASCEND helps scientists identify risks and generate hypotheses in preclinical R&D.
  • BenchSci's AI Reagent Selector improves reagent selection efficiency in drug development.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

-3%

2 year growth

3%

Benefits

Remote-first culture

Equity options

15 days vacation + additional day every year

Unlimited flex time

Comprehensive health & dental benefits

Psychotherapist services

Annual Learning & Development budget

Home office set-up budget

Wellness, lifestyle & productivity spending account

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