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Overview
23andMe is a human genome research company enabling users to study their ancestry, genealogy, and inherited traits.
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.
Highlights
2006
Biotechnology
501-1000
2
0
1
Early Stage Venture
N/A
Location
United States, North America
Contact Information
Social
Profile Resume
23andMe, established in 2006 and headquartered in United States, North America., specializes in Early Stage Venture investments across Software, Mobile Apps, Health Care, Virtualization, Hospital, Telehealth, Venture Capital, Finance, Business Development, Financial Services. The organization boasts a portfolio of 2 investments, with an average round size of $53.4M and 1 successful exits. Their recent investments include Doctor On Demand, Qualcomm Ventures, Virgin Group, Venrock, Shasta Ventures. The highest investment round they participated in was $14.7B. Among their most notable exits are Doctor On Demand and Qualcomm Ventures. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
2
0
0
1
Investments
2
Annouced Date | Organization Name | Industry | Money Raised |
---|---|---|---|
Jul 20, 2015 | Doctor On Demand | Software | 62.7M |
Jan 19, 2021 | - | - | 44.0M |
Exits
1
Funding Timeline
2
36
0
Funding Rounds
2
23andMe has raised 2 rounds. Their latest funding was raised on Jan 19, 2021 from a Series B - Multiverse round.
Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
---|---|---|---|---|
Jul 20, 2015 | Series B - Doctor On Demand | - | 62.7M | - |
Jan 19, 2021 | Series B - Multiverse | - | 44.0M | - |
Investors
47
23andMe is funded by 47 investor(s). Fidelity and Altimeter Capital Kantor are the most recent investors.
Investor Name | Lead Investor | Funding Round | Money Raised |
---|---|---|---|
Casdin Capital | No | Post-IPO Equity - 23andMe | 250.0M |
Foresite Capital | No | Post-IPO Equity - 23andMe | 250.0M |
Altimeter Capital | No | Post-IPO Equity - 23andMe | 250.0M |
Fidelity | No | Post-IPO Equity - 23andMe | 250.0M |
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
Annouced Date | Fund Name | Money Raised |
---|---|---|
May 10, 2013 | OTPPLESS | 1.0M |
May 11, 2013 | OTPPLESS | 1.0M |
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