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23andMe information


23andMe Holding Co.
Company typePublic
Traded as
Nasdaq: ME
Industry
  • Biotechnology
  • Genetic genealogy
FoundedApril 2006; 18 years ago (2006-04)
Founders
  • Linda Avey
  • Paul Cusenza
  • Anne Wojcicki
Headquarters
South San Francisco, California
,
United States
Key people
  • Anne Wojcicki (CEO)
  • Esther Dyson (board member)
Products
  • Direct-to-consumer personal genome testing
  • Mobile application
Services
  • Genetic testing
  • Genealogical DNA testing
  • Medical research
RevenueIncrease US$299 million (2023)
Operating income
Decrease US$−324 million (2023)
Net income
Decrease US$−312 million (2023)
Total assetsDecrease US$943 million (2023)
Total equityDecrease US$714 million (2023)
Number of employees
816 (2023)
Website23andme.com
Footnotes / references
Financials as of March 31, 2023[1]

23andMe Holding Co. is a publicly trading personal genomics and biotechnology company based in South San Francisco, California.[1][2] It is best known for providing a direct-to-consumer genetic testing service in which customers provide a saliva sample that is laboratory analysed, using single nucleotide polymorphism genotyping,[3] to generate reports relating to the customer's ancestry and genetic predispositions to health-related topics. The company's name is derived from the 23 pairs of chromosomes in a diploid human cell.[4]

The company had a previously fraught relationship with the United States Food and Drug Administration (FDA) due to its genetic health tests; as of October 2015, DNA tests ordered in the US include a revised health component, per FDA approval.[5][6] 23andMe has been selling a product with both ancestry and health-related components in Canada since October 2014,[7][8][9] and in the UK since December 2014.[10]

In 2007, 23andMe became the first company to begin offering autosomal DNA testing for ancestry, which all other major companies now use.[11] Its saliva-based direct-to-consumer genetic testing business was named "Invention of the Year" by Time in 2008.[12][13][14]

23andMe became a publicly traded company in 2021 and soon had a market capitalization of US$6 billion.[15] By 2024, its valuation had fallen to 2% of that peak.[15]

  1. ^ a b "23andMe Holding Co. Fiscal 2022 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. May 25, 2023.
  2. ^ Nguyen-Fleige, Chelsea (June 8, 2022). "23andMe has officially moved and downsized its HQ". American City Business Journals. Archived from the original on June 9, 2022.
  3. ^ Cite error: The named reference Wired2007 was invoked but never defined (see the help page).
  4. ^ "Fact Sheet". 23andMe. Archived from the original on January 19, 2013. Retrieved November 27, 2013.
  5. ^ Herper, Matthew (December 5, 2013). "23andMe Stops Offering Genetic Tests Related to Health". Forbes. Archived from the original on February 9, 2014. Retrieved December 6, 2013.
  6. ^ Pollack, Andrew (October 21, 2015). "23andMe Will Resume Giving Users Health Data". The New York Times. ISSN 0362-4331. Archived from the original on March 4, 2016. Retrieved October 21, 2015.
  7. ^ Ubelacker, Sheryl (October 1, 2014). "U.S. company launches genetic health and ancestry info service in Canada". Winnipeg Free Press. The Canadian Press. Retrieved October 7, 2014.
  8. ^ Hansen, Darah (October 2, 2014). "5Q: Anne Wojcicki, CEO 23andMe on knowing your DNA data (and being married to the boss of Google)". Yahoo Finance Canada. Retrieved October 7, 2014.
  9. ^ "23andme genetic testing service raises ethical questions". CBC News. October 2, 2014. Retrieved October 7, 2014.
  10. ^ Roberts, Michelle; Rincon, Paul (December 2, 2014). "Controversial DNA test comes to UK". BBC News. Retrieved December 2, 2014.
  11. ^ "Autosomal SNP comparison chart - ISOGG Wiki". isogg.org. Retrieved September 4, 2022.
  12. ^ Cite error: The named reference Time was invoked but never defined (see the help page).
  13. ^ "About Us". 23andMe. Archived from the original on February 14, 2018. Retrieved February 11, 2018.
  14. ^ Janzen, Tim; et al. "Family Tree DNA Learning Center". Autosomal DNA testing comparison chart. Gene by Gene.
  15. ^ a b Winkler, Rolfe (January 31, 2024). "23andMe's Fall From $6 Billion to Nearly $0". Wall Street Journal.

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23andMe

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2014. Retrieved March 10, 2014. 23andMe. "DNA Ancestry Test Kit: Find DNA Relatives - 23andMe International". www.23andme.com. Retrieved December 27, 2022...

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The 23andMe data leak was a data breach at personal genomics company 23andMe reported in October 2023. The cyberattack gathered profile and ethnicity information...

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Linda Avey

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is an American biologist and entrepreneur. She is known for co-founding 23andMe, a consumer genetic data company. Avey was born Linda Bahnson in 1960,...

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collection uses a home test kit supplied by a service provider such as 23andMe, AncestryDNA, Family Tree DNA, or MyHeritage. After following the kit instructions...

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PMC 4209567. PMID 24531965. 23andMe Reference Populations & Regions Archived June 14, 2020, at the Wayback Machine. (n.d.). 23andMe. Retrieved June 14, 2020...

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enterprises. In 2012, Milner's personal investments included a stake in 23andMe, Habito, and Planet Labs. In 2017, he also had a minority stake in a real...

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Greying of hair

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2): 163–165. ISSN 0350-6134. PMID 19138021. 23andMe. "Hair Lightening from the Sun - 23andMe". www.23andme.com. Retrieved 2020-01-08.{{cite web}}: CS1...

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Genentech

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2015 it signed a $60M deal with 23andMe that gave Genentech access to the genomic and patient-reported data held by 23andMe. In October 2015 it started a...

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Big data

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the original on 24 September 2016. Retrieved 1 October 2016. "23andMe – Ancestry". 23andme.com. Archived from the original on 18 December 2016. Retrieved...

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2: 163–165. ISSN 0350-6134. PMID 19138021. 23andMe. "Hair Lightening from the Sun - 23andMe". www.23andme.com. Retrieved 2020-01-08.{{cite web}}: CS1...

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Bayshore Global Management

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family office of Google co-founder Sergey Brin and until 2015, his ex-wife, 23andMe co-founder Anne Wojcicki. It manages over $100 billion of assets, making...

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Investigative genetic genealogy

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original on 2023-03-22. Retrieved 2019-12-15. 23andMe. "DNA Genetic Testing & Analysis - 23andMe". www.23andme.com. Archived from the original on 2019-12-16...

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Neal Mohan

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worked with Microsoft and currently sits on the boards of Stitch Fix and 23andMe. Mohan is married to Hema Sareen Mohan, who has worked in the non-profit...

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Susan Wojcicki

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epidemiology, and Anne, an entrepreneur who is the co-founder and CEO of 23andMe. Wojcicki grew up on the Stanford campus, where mathematical scientist...

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Whit Johnson

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2018, Johnson unwittingly found two of his father's brothers through a 23andMe DNA test. "Stephen Whitney Johnson, Born 06/25/1982 in California". californiabirthindex...

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Genetic genealogy

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parent company until it was acquired by Ancestry.com in 2012. In 2007, 23andMe was the first company to offer saliva-based direct-to-consumer testing...

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SNPedia

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support the interpretation of results of personal genotyping from, e.g., 23andMe and similar companies. SNPedia is a semantic wiki, powered by MediaWiki...

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CeCe Moore

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genealogy. In 2012 she approached 23andMe to ask if she could put crime-scene DNA into their DNA databases. 23andMe refused, but later in 2018 she began...

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Genetic testing

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offered by the company 23andMe. As of 2019, the tests that have received marketing authorization by the FDA include 23andMe's genetic health risk reports...

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of 2013. In a study which was carried out by consumer genetics company 23andMe which involved the DNA of 50,281 people of African descent in the United...

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Sergey Brin

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28, 2007. Retrieved October 20, 2007. "The Way I Work: Anne Wojcicki, 23andMe". Inc.com. May 29, 2012. Archived from the original on March 1, 2013. Retrieved...

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Retrieved 2020-11-07. "23andMe - Ancestry". 23andme.com. Retrieved 29 December 2016. Potenza, Alessandra (13 July 2016). "23andMe wants researchers to use...

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