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23andMe

23andMe

A biotechnology company based in Mountain View, California providing DNA genetic testing and analysis services.

23andMe as founded in 2006 by Anne Wojcicki, Linda Avey, Paul Cusenza in 2006. 23andMe provides health and ancestry information based on analysis of a customer’s DNA obtained using a saliva collection kit. Reports are accessed in an online account. Genetic information is kept in separate databases from personally identifiable information to protect user identity.

In 2013 the FDA ordered the company to stop providing information about their customers’ health risks. The FDA later decided to allow 23andMe to tell customers their risks for developing ten medical conditions including Parkinson’s disease, late-onset Alzheimer’s disease and Bloom syndrome.

Each customer can opt in or out for letting 23andMe use their genetic information for research. In 2017 the data from its 2 million customers was considered the largest collection of gene-linked data. 23andMe has its own drug development team lead by Richard Scheller, previously of Genentech who became Chief Science Officer and Head of Therapeutics in 2015. Pharmaceutical company GlaxoSmithKline (GSK) partnered with 23andME in 2018.

Timeline

September 2017
23andMe raises a $249,999,947 series F round from Altimeter Capital, Casdin Capital, Euclidean Capital, Fidelity Management & Research Company, Sequoia Capital and the Wallenberg Foundation.
October 14, 2016
23andMe raises a $1,700,000 grant.
July 2015
23andMe raises a $150,000,000 series E round.
December 10, 2012
23andMe raises a $50,000,000 series D round from Anne Wojcicki, MPM Capital, New Enterprise Associates, Sergey Brin and Yuri Milner.
November 9, 2010
23andMe raises a $22,000,000 series C round from New Enterprise Associates.
June 18, 2009
23andMe raises a $12,600,000 series B round from Google and Sergey Brin.
May 1, 2007
23andMe raises a $9,000,000 series A round from Genentech, Google, Mohr Davidow Ventures and New Enterprise Associates.
April 2006
23andMe was founded by Anne Wojcicki, Linda Avey and Paul Cusenza.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
23andMe funding round, September 2017
249,999,947
September 2017
300,000,000
July 25, 2018
12 Results
Results per page:
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Acquisitions

Acquisition
Acquired company
Acquisition amount (USD)
Date announced
July 10, 2012
1 Result
Results per page:
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People

Name
Role
LinkedIn

Alex Khomenko

Employee

Anne Wojcicki

Founder

Brad Stephens

Investor

caitlyn mccarthy

Employee

Chia Hwu

Employee

chia@qubop.com

Employee

Chris Cheng

Employee

Denali Lumma

Employee

Dennis Troper

Investor

Desi Dimitrova

Employee

Esther Dyson

Investor

Geoffrey Shmigelsky

Investor

Georges Harik

Investor

J. Fah Sathirapongsasuti

Employee

Jessica Lam

Employee

Jon Ward

Employee

Jonathan Hansen

Employee

Josh Steiner

Employee

Karen Haynes

Employee

Linda Avey

Founder

Martin Varsavsky

Investor

Oliver Ryan

Employee

Patrick S. Chung

Investor

Paul Brobst

Employee

Paul Cusenza

Founder

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Further reading

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Type
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Documentaries, videos and podcasts

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Date
Link

Companies

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CEO
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References

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