A startup co-founded by Linda Avey and Anne Wojcicki, the wife of Google co-founder Sergey Brin, 23andMe has plans to make the human genome searchable. Brin, along with Google, gave 23andMe $3.9 million as part of a series A in May of 2007.
The company was named after the number of chromosome pairs in humans. They aim to help people understand what their genes mean by indexing them and highlighting significant findings.
23andMe allows its clients/users to study their ancestry, genealogy, and inherited traits. The company also markets to researchers and scientists, for whom they provide neatly categorized and easily searchable data.
One reason the Google investment in 23andMe made sense, was that this company could enable the search giant to index another facet of the world's information. With the Biotech and Health Care industries growing rapidly, 23andMe could help Google get and maintain a market hold in these already multi-billion dollar areas.
Funding Rounds (8) - $242.32MUpdate
|Date||Amount / Round||Valuation||Lead Investor||Investors|
|Jul, 2015||$115M / Series E||—||—||8|
|Jul, 2014||$1.4M / Grant||—||National Institutes of Health||1|
|Dec, 2012||$57.95M / Series D||—||—||6|
|Jan, 2011||$9M / Series C||—||—||2|
|Nov, 2010||$22.22M / Series C||—||Johnson & Johnson Development Corporation||3|
|Dec, 2009||$14.2M / Series B||—||—||0|
|Jun, 2009||$13.6M / Series B||—||—||3|
|Oct, 2007||$8.95M / Series A||—||5|
Current Team (1)Update
|Sep 23, 2016||TechCrunch - 23andMe’s Anne Wojcicki has a plan to include better genetic data from people of color|
|Aug 3, 2016||Business Wire - CORRECTING and REPLACING Viewics Secures $10.5 Million in Additional Financing, Closes Funding to Bring Advanced Analytics to Healthcare|
|Jul 29, 2016||TechCrunch - There won’t be an ‘Uber for healthcare’ anytime soon|
|Jul 28, 2016||Business Insider Australia - One of Apple's most important execs just joined the board of a $25 billion genetics company|
|Jul 28, 2016||SiliconBeat - Apple’s marketing guru Phil Schiller joins Illlumina’s board|
|Jul 21, 2016||The Street - 13 Companies to Watch From MIT's Smart 50 List, Including 4 Buys|
|Jul 15, 2016||Apple Insider - GlaxoSmithKline targets arthritis in first ResearchKit study by a drug company|
|Jul 13, 2016||SiliconBeat - On topic: Tech news to know now|
AIBioTech is a contract research organization providing R&D and clinical testing services to institutions and government agencies.
GenePartner provides users with a formula to match men and women by analyzing specific genes in their DNA.
Navigenics is a personal genomics company that uses genetic testing to help people determine their individual risk for health conditions.
ScientificMatch utilizes user's DNA to maximize the chances of finding the right partner for them.
2606 Bayshore Parkway
Mountain View, CA 94042