23andMe Overview
23andMe, Inc. is a privately-held company dedicated to helping individuals understand their own genetic information using recent advances in DNA analysis technologies and web-based interactive tools. 23andMe enables individuals to gain deeper insights into personal ancestry, genealogy and inherited traits. 23andMe was founded in April 2006 by Linda Avey and Anne Wojcicki.
Key People
Management
Board of Directors
Advisors
Funding
| Date | Type | Capital Amount | Post-Money Valuation | Investors |
|---|---|---|---|---|
| 05/2007 | Series A | 9M | Unknown | |
| 01/2011 | Series C | 31M | Unknown |
Products
| Name: | 23andMe |
| Product URL: | https://www.23andme.com/ |
| Date Launched: | 11/2007 |
| Description: | 23andMe is a web-based service that helps customers read and understand their DNA. Customers submit a small saliva sample that is processed using a custom DNA chip. The resulting data is then presented on a secure website using interactive tools that offer information about ancestry, inherited traits and disease risk. |
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01/17/2011 03:12PM by limguine
User Opinions
Bulls vs. Bears (9)
| Bullish Opinions (5) | Author/Date | Do you agree? | |
|---|---|---|---|
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They just slashed their price to $399. |
chrisg 09/22/2008 |
100% 2 votes 2 0% 0 |
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Once price comes down, genetic tests will become very popular |
green33 06/09/2008 |
100% 4 votes 4 0% 0 |
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There will be so much innovation on this front |
anyal 05/01/2008 |
100% 5 votes 5 0% 0 |
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Having Google as an investor is a huge asset |
steve 03/02/2008 |
88% 8 votes 7 12% 1 |
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The DNA tests provide really valuable information that many are willing to pay for |
steve 03/02/2008 |
100% 7 votes 7 0% 0 |
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| Bearish Opinions (4) | Author/Date | Do you agree? | |
|---|---|---|---|
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California legal issues are going to hamper adoption elsewhere |
green33 07/03/2008 |
67% 3 votes 2 33% 1 |
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They got a cease amd desist letter from State of CA - need doctor approval before genetic testing |
tburger 06/18/2008 |
100% 2 votes 2 0% 0 |
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I don't know how many consumers are ready to pay $1000 for the test |
ahmed 05/01/2008 |
100% 4 votes 4 0% 0 |
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I'm not sure if the technology is quite ready yet |
ahmed 05/01/2008 |
100% 2 votes 2 0% 0 |
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