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Benchling
Benchling
Cloud-based platform for biotech R&D.
About
Founded
2012
Headquarters
San Francisco, California
Industry
Biotech, SaaS
Company Description
Benchling’s mission is to unlock the power of biotechnology. The world’s most innovative biotech companies use Benchling’s R&D Cloud to power the development of breakthrough products and accelerate time to milestone and market.
Quick Links
Website
Jobs
Funding
Total Raised
$411.9 million
Valuation
$6.1 billion
Significant Investors
Y Combinator, Altimeter Capital, Byers Capital, Elad Gil, Thrive Capital, Benchmark, Menlo Ventures, Alkeon Capital, ICONIQ, Lux Capital, Spark Capital, Lead Edge Capital, Sequoia Capital Global Equities, F-Prime Capital
Company Traction
As of April 2021, Benchling customers include more than
300,000 scientists
and 1,000 R&D organizations using its cloud platform, up from
230,000 scientists
in May 2020,
170,000 scientists
in July 2019, and
100,000 scientists
in June 2018.
Benchling doubled its annual recurring revenue for
four consecutive years
from 2017-2020.
Benchling customers include BridgeBio, Geltor, Perfect Day, Bright Peak Therapeutics, Design Therapeutics, and 23andMe.
As of May 2023, Benchling reported customers accelerating workflow cycle time by 38%.
Leadership Team
Sajith Wickramasekara
: Co-Founder & CEO of Benchling. Former Research Assistant at Duke University Medical Center.
Ashu Singhal
: Co-Founder & President of Benchling. Former Staff Software Engineer at Twitter.
Shawna Wolverton
: CPO at Benchling. Former EVP of Product at Zendesk.
Lindsey Irvine
: CMO at Benchling. Former CMO at MuleSoft.
Richard Wong
: CFO at Benchling. Former CFO at Houzz.
Press
Yahoo Finance (June 6, 2023):
Benchling Delivers an Integrated R&D Ecosystem with New Product Offerings
Reuters (April 21, 2023):
Life sciences software startup Benchling lays off 9% of workforce
Benchling Blog (November 17, 2021):
Benchling Raises $100M in Series F Financing Co-Led by Altimeter and Franklin Templeton
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