Funding round
BioRender Series A
BioRender, which works in scientific illustration creation platform development in Toronto, raised $15M in a Series A round announced on 19 Apr 2023, led by Y Combinator, at a $900M post-money valuation. 1 firm took part. It is BioRender's second venture round on record; the one before was a Seed in Jan 2018.
$15M
Amount raised
$900M
Post-money valuation
$885M pre-money
1
Investors
1 lead
1.7%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced BioRender at $900M after the new money. The $15M bought investors about 1.7% of the company. It came 63 months after BioRender's Seed. It is 1.7% of the $917M BioRender has raised in the venture rounds on record. BioRender raised again 32 months later: a Growth round of $900M in Dec 2025.
Investors
Who put money in
Y Combinator led the round.
Lead investor
- Y Combinator backs 1,295 venture-backed companies new investor
Comparable rounds
How it compares
1,521 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was 1.3 times the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Inflection AI Tech Companies | 24 Apr 2023 | $225M | not disclosed | not named |
| Tech Companies | 20 Apr 2023 | $50M | not disclosed | SYN Ventures |
| Tech Companies | 19 Apr 2023 | $45M | not disclosed | Acrew Capital |
| Tech Companies | 19 Apr 2023 | $45M | not disclosed | Acrew Capital |
| Tech Companies | 13 Apr 2023 | $36M | not disclosed | Bain Capital Ventures |
| Harvey Tech Companies | 26 Apr 2023 | $21M | not disclosed | Sequoia Capital |
| Tech Companies | 4 Apr 2023 | $20M | not disclosed | SignalFire |
| Tech Companies | 19 Apr 2023 | $20M | not disclosed | Koch Disruptive Technologies |
Questions
Frequently asked
How much did BioRender raise in its Series A round?
BioRender raised $15M in its Series A round, announced in Apr 2023.
Who led BioRender's Series A round?
Y Combinator led it.
What was BioRender's valuation at the Series A round?
$900M post-money ($885M pre-money).
How does it compare with other Series A rounds in Tech Companies?
1,521 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was 1.3 times the median.
Did BioRender raise again after this round?
Yes: a Growth round in Dec 2025 of $900M.