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23andMe

Genetics for the People

Sunnyvale, CA
500+

About 23andMe

Industry: Consumer Genomics/Drug Discovery
Founded: 2006
Founders: Anne Wojcicki, Linda Avey, Paul Cusenza
Status: Public (NASDAQ: ME)

Funding & Growth

Total Raised: $1B+
Valuation: $500M+ market cap
Stage: Public
Key Investors:
Google GSK Sequoia Capital

✓ Pros

  • • Massive genetic database (14M+)
  • • Drug discovery partnerships
  • • Bay Area location
  • • Consumer and therapeutic arms
  • • Interesting research opportunities

✗ Cons

  • • Financial struggles
  • • Recent layoffs and restructuring
  • • Consumer genomics market saturation
  • • Privacy concerns

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