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Personal genomics and biotechnology company based in Sunnyvale, California, United States 23and, Me is an openly held individual genomics and biotechnology company based in Sunnyvale, California. It is best understood for supplying a direct-to-consumer genetic screening service in which clients offer a saliva sample that is laboratory analysed, using single nucleotide polymorphism genotyping, to generate reports relating to the client's ancestry and genetic predispositions to health-related topics.
The business had a previously fraught relationship with the United States Fda (FDA) due to its hereditary health tests, however since October 2015, DNA tests bought in the United States include a revised health element, per FDA approval. 23and, Me has actually been selling a product with both origins and health-related parts in Canada given that October 2014, and in the UK because December 2014.
Its saliva-based direct-to-consumer genetic testing company was named "Invention of the Year" by magazine in 2008. This Piece Covers It Well [edit] The company was established by Linda Avey, Paul Cusenza and Anne Wojcicki in 2006 to provide hereditary screening and interpretation to private consumers. In 2007, Google invested $3. 9 million in the business, along with Genentech, New Enterprise Associates, and Mohr Davidow Ventures.
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Cusenza left the business in 2007 and was selected CEO of Nodal Exchange in 2008. Avey left the company in 2009 and co-founded Curious, Inc. in 2011. In 2012, 23and, Me raised $50 million in a Series D endeavor round, almost doubling its existing capital of $52. 6 million. In 2015, 23and, Me raised $115 million in a Series E offering, increasing its total capital to $241 million.
In 2018, the company even more marketed its brand name with ads told by Warren Buffett. In September 2017, the business was rumored to be raising another $200 million in venture funding with a valuation of $1. 5 billion, as of that time (previous to the raise) the company had actually raised $230 million given that it was founded.