23andMe

23andMe

Signal active

Investment Firm

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

Founded

2006

Industry

Biotechnology

Employees

501-1000

Investment

2

Lead Investment

0

Exits

1

Stages

Early Stage Venture

Investor Type

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.

Employees

imagePlace Anne Wojcicki

Anne Wojcicki

Co-Founder and CEO

imagePlace David Baker

David Baker

VP of Engineering & Chief Security Officer

imagePlace Steve Lemon

Steve Lemon

VP, Engineering

imagePlace Joyce fung

Joyce fung

Vice President, Research

imagePlace Richard Scheller

Richard Scheller

Chief Science Officer and Head of Therapeutics

imagePlace Joe Selsavage

Joe Selsavage

Interim CFO and CAO

Investment portfolio

23andMe has made 2 investments. Their most recent investment was on Jul 20, 2015, when Doctor On Demand raised $62.7M.

investments

2

Diversity investments

0

Lead investments

0

Number of exits

1

Investments

2

Annouced DateOrganization NameIndustryMoney Raised
Jul 20, 2015
Doctor On Demand Doctor On Demand
Software62.7M
Jan 19, 2021--44.0M

Exits

1

Funding Timeline

Funding rounds

2

Investors

36

Funds

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 DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Jul 20, 2015
Series B - Doctor On Demand Series B - Doctor On Demand
-62.7M-
Jan 19, 2021
Series B - Multiverse Series B - Multiverse
-44.0M-

Investors

47

23andMe is funded by 47 investor(s). Fidelity and Altimeter Capital Kantor are the most recent investors.

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 DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

Invest in industries

Recent Activity

There is no recent news or activity for this profile.