Startup profile · funding coverage
Benchling funding, valuation and investors
R&D cloud platform — the operating system for life science labs.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series F
$100M · November 2021
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$4.1B
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
growth · San Francisco, California
Overview
Benchling provides a cloud platform for life science R&D, including electronic lab notebooks, molecular biology tools, sample tracking, and workflow management. It is widely adopted by biotech and pharma companies as the digital backbone for research operations.
Why Benchling is interesting
Benchling is the SaaS system of record for biotech R&D — from a16z seed to $6.1B valuation with Sequoia, Altimeter, and Tiger Global in the syndicate.
Product & use cases
Benchling provides a cloud platform for life science R&D, including electronic lab notebooks, molecular biology tools, sample tracking, and workflow management.
- Enterprise platform deployment for core workflows
Key facts
- Series F (Nov 2021): $100M at $6.1B co-led by Franklin Templeton and Altimeter; Tiger Global, Lone Pine joined (Benchling press)
- Series E (Apr 2021): led by Sequoia at $4B valuation (Bloomberg)
- Product: ELN, molecular biology tools, sample tracking for biotech/pharma R&D (Benchling site)
- Co-investors not in VCT directory: Franklin Templeton, Lone Pine Capital
Funding history (newest first)
Series F
Nov 2021 $100MSource: Series F (Nov 2021): $100M at $6.1B co-led by Franklin Templeton and Altimeter; Tiger Global, Lone Pine joined (Benchling press)
Series E
Apr 2021 $4BSource: Series E (Apr 2021): led by Sequoia at $4B valuation (Bloomberg)
Investors in our directory
Funds linked from Benchling's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: Benchling is the SaaS system of record for biotech R&D — from a16z seed to $6.1B valuation with Sequoia, Altimeter, and Tiger Global in the syndicate.
Benchling competes in biotech-life-sciences, enterprise-saas. Incumbents have distribution; startup edge depends on product depth and buyer references. See competitors for specific tradeoffs — no invented market share claims.
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Veeva incumbent
Life sciences cloud incumbent.
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Dotmatics adjacent
R&D informatics.
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Salesforce incumbent
Enterprise platform incumbent.
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Microsoft incumbent
Platform bundling competitor.
Notable stories
- Series F (Nov 2021): $100M at $6.1B co-led by Franklin Templeton and Altimeter; Tiger Global, Lone Pine joined (Benchling press)
- Series E (Apr 2021): led by Sequoia at $4B valuation (Bloomberg)
Industries
FAQs about Benchling
Practical answers founders, operators, and investors typically search for.
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