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BenchSci

AI usage for efficient biomedical research

BenchSci logo
201-500 employees
  • B2B
  • Artificial Intelligence
  • SaaS
  • Science
  • MedTech
South Core, Toronto, ON

Company mission

To exponentially increase the speed and quality of life-saving research by empowering scientists with the world's most advanced biomedical artificial intelligence.

Top investors

Some candidates hear
back within 2 weeks

31% employee growth in 12 months

Our take

Over the past decade, the cost of bringing a drug to market has increased exponentially while the number of drugs approved has stayed stagnant, leading to a decline in research productivity. Through development of AI-assisted software, BenchSci has allowed scientists to rapidly compute data from scientific journals and product catalogues to dramatically reduce these inefficiencies in the R&D process.

The company offers a lateral solution to traditional, manual data analysis to allow for data leveraging and an automated, comprehensive overview of existing relevant research. These methods have made BenchSci a forerunner in the drug development industry; the company's software is used by leading pharmaceutical companies.

BenchSci continually invests in its machine learning technology, and in January 2023 announced the launch of ASCEND, software that extracts experimental evidence from internal and external sources to create commercially available maps of disease biologies, improving the hit rate of drug trials.

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Steph

Company Specialist at Welcome to the Jungle

Benefits

  • Three weeks of vacation plus an additional day for every completed year
  • An Oculus Quest 2 to connect with your team members in Virtual Reality
  • An executive coach for managers to assist in leading high-performing teams
  • An annual Executive Health Assessment at Medcan for proactive health awareness
  • Additional time-off: 2 weeks for Winter Holiday, every other Friday in July and August, your birthday, and more!
  • A $1000 work from home allowance to make your home setup perfect for you
  • Complimentary Headspace account to support mental wellness and focus
  • Complimentary genome sequencing from 23andMe to better understand your health through your DNA
  • An engaging remote-first culture that hires the best talent from around the world
  • A $2000 Annual Learning & Development budget
  • A competitive compensation package that includes BenchSci equity options
  • Generous parental leave benefits with a top-up plan or paid time off options
  • Comprehensive health and dental benefits with an emphasis on mental health

Company values

  • Focused advancement
  • Speed
  • Tenacity
  • Transparency

Funding (last 2 of 7 rounds)

May 2023

$67.9m

SERIES D

Jan 2022

$45m

SERIES C

Total funding: $158m

This company has top investors

Leadership

Dr. Elvis Wianda

(Chief Data Officer)

Obtained a PhD studying Health & Medical Physics at the University of Toronto before joining BenchSci.

Previously held roles within the University of Toronto as a Research Assistant and Postdoctoral Fellow.

Previously co-founded and held role as CEO at companies including Standy and Biz-Coupon. Currently a CDL Associate at Creative Destruction Lab.

Diversity, Equity & Inclusion at BenchSci

  • Foundational DEI workshops around anti-bias, empathy, allyship, microaggressions, and discrimination
  • Inclusive leadership training for all managers and open to all team members
  • Inclusive hiring training for hiring managers and recruiters
  • A centralized resource of information that promotes inclusivity
  • Company-wide access to Crescendo to equip team members with customized learning paths that are tailored to their current knowledge levels
  • Acknowledging and celebrating important and commemorative dates
  • Building a group of DEI sponsors to support and encourage company-wide engagement around DEI conversations
  • Holding DEI “Office Hours” for supporting individuals and teams who have questions or are seeking support with how to embed DEI into their work
  • Restructuring our recruitment processes to ensure we are mitigating bias at every step of the hiring process
  • Launching BenchSci Forward, our platform for change focused on the advancement of social issues such as diversity in STEM, mental health, and climate change
  • Providing flexible parental leave, with the option of 75% top-ups for 20 weeks or 15 designated Parental Leave Days
  • Providing mental health benefits for all team members, including mental wellness coverage up to $2,500, personalized executive coaching, regular mindfulness sessions, and extra vacation time
  • Conducting a pay fairness analysis to ensure our compensation practices are equitable

Jobs (13)

All locations

Software Engineering

Other Engineering

Sales & Account Management