Benchling

Benchling

Cloud-based platform for life sciences R&D

About

Benchling offers a cloud-based platform for life sciences research and development, serving biotech and pharmaceutical companies, academic institutions, and research organizations. Its tools, including an electronic lab notebook and molecular biology tools, help scientists manage experimental data and collaborate effectively. Benchling stands out from competitors by focusing specifically on the needs of life sciences R&D and providing a user-friendly experience. The company's goal is to enhance research efficiency and help clients bring innovations to market faster.

Company Stage

Series F

Employees

501-1,000

Industries

Enterprise Software, Biotechnology

Total Funding

$400.7M

Headquarters

San Francisco, California

Founded

2012


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Simplify's Take

What believers are saying

  • Benchling's acquisition of PipeBio enhances AI-powered antibody discovery capabilities.
  • Partnerships with companies like Sanofi and Zealand Pharma expand Benchling's market reach.
  • Growing demand for cloud-based LIMS and ELNs boosts Benchling's platform adoption.

What critics are saying

  • Increased competition from other R&D platforms could threaten Benchling's market share.
  • Integration challenges from the PipeBio acquisition may disrupt service continuity.
  • Economic downturns could impact subscription renewals and R&D spending.

What makes Benchling unique

  • Benchling offers a comprehensive cloud-based platform for life sciences R&D.
  • The platform integrates electronic lab notebooks and molecular biology tools for streamlined workflows.
  • Benchling's subscription model provides steady revenue and supports continuous platform improvement.

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Growth & Insights
Headcount

6 month growth

-6%

1 year growth

1%

2 year growth

-7%

Benefits

Four months of fully paid parental leave

401(k) plan

Remote working stipend

Yearly company-wide retreat

Monthly gym and wellness stipend

Commuter benefits

100% premiums covered for health, dental, and vision

Weekly company social events

Flexible PTO and company-wide winter holiday shutdown

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