Is 23andMe a publicly traded company?

DNA-testing company 23andMe, which has doubled down on its effort to prove consumer genetics offers more than entertainment value, began publicly trading on Nasdaq Thursday under the ticker “ME.” The merger with Branson’s SPAC allows 23andMe to go public without the uncertainty of holding an initial public offering.

Is 23andMe on the stock market yet?

Via the use of a special purpose acquisition company (SPAC) that’s owned and operated by Richard Branson, the billionaire founder of Virgin Group, 23andMe will become a publicly traded company in 2021.

Who funds 23andMe?

As part of the deal with VG Acquisition, 23andMe will receive proceeds of $759 million, which includes $250 million from a range of investors including Branson, 23andMe co-founder Anne Wojcicki, funds managed by Fidelity Management & Research Co, Altimeter Capital, Casdin Capital and Foresite Capital.

Why is 23andMe stock dropping?

Why 23andMe Stock Dropped 29\% in November The company reported disappointing earnings results and has fallen victim to the recent sell-off in high-growth stocks.

Why is 23andMe stock up?

For example, the company has invested heavily into drug research, with over 40 programs in development that are supposed to use the insights from 23andMe’s database to produce novel solutions for patients. The acquisition of Lemonaid Health fits squarely into this database strategy.

Is 23andMe connected to China?

We asked 23andMe CEO Anne Wojcicki. She told us that the Chinese investors have no access to the genetic information of the company’s customers.

When did 23andMe go public?

On June 17, 23andMe, which pioneered personalized medicine and at-home genetic testing kits 15 years ago, went public through a merger with a Richard Branson SPAC under the ME ticker and saw its share price rise by 21\%, reflecting the market’s interest in the potential of genetic analysis.

When did 23&Me Go public?

Try refreshing the page. On June 17, 23andMe, which pioneered personalized medicine and at-home genetic testing kits 15 years ago, went public through a merger with a Richard Branson SPAC under the ME ticker and saw its share price rise by 21\%, reflecting the market’s interest in the potential of genetic analysis.

Is 23andMe Mormon?

Is 23andMe Owned By The Mormon Church? The Church Of Latter-day Saints (Mormons) have never had ownership of 23andMe.

Can I invest in 23andMe stock?

Since 23andMe is still a private company (it’s not trading on the stock market), you will only be able to invest via the secondary market. The secondary market is still a nascent and growing market but there are some platforms that facilitate private investments. Unlike alternative platforms, EquityZen takes a company-friendly approach.

What is 23andMe stash and how does it work?

23andMe is a leading consumer genetics and research company. Founded in 2006, our mission is to help people access, understand, and benefit from the human genome. Stash allows you to purchase smaller pieces of investments, called fractional shares, rather than having to pay the full price for a whole share.

What is 23andMe’s post-money valuation?

23andMe has a post-money valuation in the range of $1B to $10B as of Jul 26, 2018, according to PrivCo. Sign up for a free trial to view exact valuation and search companies with similar valuations. UNLOCK PREMIUM DATA WITH DATABOOST ❯

How much money has 23andMe raised in funding?

Their most recent acquisition was Virgin Group on Feb 5, 2021. 23andMe has raised a total of $1.1B in funding over 18 rounds. Their latest funding was raised on Jun 17, 2021 from a Post-IPO Equity round. Which funding types raised the most money?