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Company Directory - 23andMe, Inc.

Company Details - 23andMe, Inc.

23andMe, Inc. Logo

23andMe, Inc.

Website

Sunnyvale, United States

NASDAQ: ME 

23andMe is an American personal genomics and biotechnology company that provides at-home DNA testing services, offering insights into ancestry, genetic health risks, and traits. The company has also faced challenges in generating revenue and governance as it expanded its consumer offerings.

CCI Score

CCI Score: 23andMe, Inc.

-44.83

0.03%

Latest Event

23andMe Bankruptcy and Risk of Genetic Data Exposure

On March 29, 2025, 23andMe filed for Chapter 11 bankruptcy, which includes plans to sell substantially all of its assets such as its vast database of sensitive genetic information. This has raised serious consumer privacy concerns, prompting California Attorney General Rob Bonta to advise customers to delete their accounts and safeguard their data.

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TOADIE

23andMe, Inc. is currently rated as a Toadie.

-30 to -44 CCI Score
Companies scoring in this range actively seek to please authoritarian regimes. They offer proactive support and assistance in exchange for preferential treatment, compromising ethical standards for business gains and political favor.

Latest Events

  • 23andMe Bankruptcy and Risk of Genetic Data Exposure Logo
    MAR
    29
    2025

    On March 29, 2025, 23andMe filed for Chapter 11 bankruptcy, which includes plans to sell substantially all of its assets such as its vast database of sensitive genetic information. This has raised serious consumer privacy concerns, prompting California Attorney General Rob Bonta to advise customers to delete their accounts and safeguard their data.

  • -80

    Business Practices and Ethical Responsibility

    March 31

    The bankruptcy filing combined with the plan to sell sensitive genetic data without ensuring robust privacy protections represents a significant lapse in business practices and ethical responsibility. This exposes customers to potential exploitation and misuse of their immutable personal data, which is particularly dangerous in the context of authoritarian exploitation.

    ‘People should be worried’: 23andMe bankruptcy could expose customers’ genetic data

  • -70

    Technology and Services Impact

    March 31

    The decision to sell a comprehensive database of genetic information in the midst of financial distress poses severe risks in terms of technology and services impact. The potential for this sensitive data to be misused—for instance, through enhanced surveillance or discriminatory practices—deepens concerns over civil liberties and the empowerment of repressive systems.

    ‘People should be worried’: 23andMe bankruptcy could expose customers’ genetic data

  • 23andMe Bankruptcy Raises Genetic Data Privacy Fears Logo
    MAR
    27
    2025

    23andMe declared bankruptcy, raising alarms about its privacy policy that permits customer genetic data to be disclosed to third parties. Experts warn that this mismanagement could lead to genetic discrimination and potential misuse of sensitive information, exacerbating risks for marginalized groups.

  • -50

    Business Practices and Ethical Responsibility

    March 31

    23andMe's bankruptcy intensifies concerns over its handling of sensitive genetic data. The company's existing privacy policy allows for disclosure of customer data to third parties even if consent has been ambiguously managed, which may lead to discriminatory practices and misuse by authoritarian entities.

    23andMe: Privacy risks of gene data being sold or leaked

  • -40

    Technology and Services Impact

    March 31

    The technological risks associated with mishandling sensitive genetic data are significant. With bankruptcy potentially paving the way for less stringent data protections, the company's systems may enable unauthorized surveillance and forensic misuse, which can disproportionately harm vulnerable communities.

    23andMe: Privacy risks of gene data being sold or leaked

  • 23andMe Bankruptcy Raises Genetic Data Privacy Concerns Logo
    MAR
    27
    2025

    23andMe filed for bankruptcy on March 27, 2025, triggering serious questions over its ability to safeguard sensitive genetic data under California's robust privacy laws. The collapse raises concerns that, without proper corporate measures to delete and secure data, millions of users may face risks of data exploitation by future buyers with potentially malignant intentions.

  • -30

    Business Practices and Ethical Responsibility

    March 31

    The bankruptcy of 23andMe indicates a failure in upholding ethical business practices related to consumer data protection. As the company struggles to process deletion requests and secure sensitive genetic data, consumers are left vulnerable, which could be exploited by future buyers lacking strong privacy commitments. This mismanagement poses risks in a political climate where safeguarding personal data is crucial against authoritarian abuses.

    23andMe collapse raises questions for California’s nation-leading privacy laws - POLITICO

  • -30

    Technology and Services Impact

    March 31

    The technological infrastructure supporting 23andMe’s genetic data management is compromised by its collapse. This disrupts routine data deletion protocols and risks leaving sensitive information exposed. The uncertainty over data handling by a potential successor heightens concerns that technological failures could be exploited, thereby indirectly enabling environments where authoritarian misuse of personal data becomes a possibility.

    23andMe collapse raises questions for California’s nation-leading privacy laws - POLITICO

  • 23andMe Bankruptcy and Data Privacy Concerns Logo
    MAR
    26
    2025

    Following 23andMe's bankruptcy filing, significant concerns have been raised about the ethical stewardship of sensitive genetic data and the company’s digital infrastructure. The situation highlights a troubling disconnect between 23andMe’s promise to protect personal genetic information and its current financial instability, intensifying fears about inadequate data privacy and consumer protection.

  • -50

    Business Practices and Ethical Responsibility

    March 26

    23andMe's bankruptcy has spotlighted its questionable business practices regarding the ethical management of sensitive genetic data. The company's patchwork approach to data retention and deletion, compounded by financial instability, undermines consumer trust and raises alarms over its commitment to ethical and responsible data stewardship.

    23andMe Bankruptcy Raises Alarming Questions About Genetic Data Privacy and Ethical Stewardship

  • -40

    Technology and Services Impact

    March 26

    The technological infrastructure safeguarding sensitive genetic information is put at risk due to the company’s financial turmoil. There are serious concerns that 23andMe may now lack the robust technological and regulatory frameworks necessary to ensure the continued security of its digital services, exposing users to potential abuses of their personal data.

    23andMe Bankruptcy Raises Alarming Questions About Genetic Data Privacy and Ethical Stewardship

  • Governance Collapse and Board Oversight Failure Amid Bankruptcy Logo
    MAR
    26
    2025

    23andMe faces severe governance and structural weaknesses as highlighted by the co-founder critiquing CEO Wojcicki's consolidation of power and the subsequent bankruptcy filing, raising concerns over the company’s commitment to ethical business practices and balanced leadership.

  • 23andMe Bankruptcy Raises Privacy Concerns Logo
    MAR
    25
    2025

    23andMe has filed for bankruptcy, triggering fears that the sensitive genetic data of millions of customers may be sold to the highest bidder without sufficient safeguards, raising questions about the company's business practices and the privacy protections built into its technology services.

  • -40

    Business Practices and Ethical Responsibility

    March 26

    The bankruptcy process and the planned sale process expose 23andMe to accusations of neglecting its ethical responsibility to protect customer data. By reserving the right to transfer customer genetic information during bankruptcy without explicit enhanced safeguards, the company demonstrates problematic business practices that risk customers' privacy.

    23andMe files for bankruptcy, prompting privacy fears

  • -35

    Technology and Services Impact

    March 26

    The restructuring under bankruptcy raises significant concerns about the security of the company’s technology and data handling practices. The potential transfer of sensitive genetic data to a new entity with unknown privacy practices underscores a failure to safeguard digital assets and protect users against future misuse, thereby undermining trust in the company's technology services.

    23andMe files for bankruptcy, prompting privacy fears

  • 23andMe Bankruptcy and Data Security Crisis Logo
    MAR
    25
    2025

    23andMe filed for Chapter 11 bankruptcy amid a catastrophic data breach that exposed the genetic data of nearly 7 million users, including targeted profiles of customers with Jewish and Chinese ancestry. The company's financial distress and prior settlement over negligence have raised concerns about the protection of sensitive consumer genomics, with potential risks that a future buyer could exploit the data for authoritarian ends.

  • -40

    Business Practices and Ethical Responsibility

    March 31

    The bankruptcy and previous $30 million settlement following a massive data breach indicate significant mismanagement and neglect in safeguarding sensitive consumer genetic data. This failure in business practices and ethical responsibility particularly endangers minority groups whose data was compromised, furthering risks associated with potential authoritarian misuse.

    23andMe Bankruptcy: What Happens To Your DNA Data When A Genetic Testing Giant Fails?

  • -50

    Technology and Services Impact

    March 31

    The extensive data breach that compromised nearly 7 million user accounts highlights severe failures in 23andMe's digital security protocols. The breach, which affected sensitive genetic data including that of targeted minority groups, underscores the risks associated with technological services being misused or falling into the hands of potentially authoritarian buyers.

    23andMe Bankruptcy: What Happens To Your DNA Data When A Genetic Testing Giant Fails?

  • -30

    Economic and Structural Influence

    March 31

    The Chapter 11 bankruptcy reflects severe financial instability and structural decline, raising concerns about the future stewardship of sensitive genetic information. There is heightened risk that a future buyer, possibly with authoritarian leanings or ambiguous ethical standards, may capitalize on the company's weakened economic state to exploit consumer data.

    23andMe Bankruptcy: What Happens To Your DNA Data When A Genetic Testing Giant Fails?

  • 23andMe Bankruptcy Raises Data Privacy and Security Concerns Logo
    MAR
    25
    2025

    23andMe filed for Chapter 11 bankruptcy amid a history of a major data breach that exposed sensitive genetic information of millions, including marginalized groups. This event raises concerns about the ethical handling of customer data and potential future misuse if acquired by new owners with questionable privacy practices.

  • -70

    Business Practices and Ethical Responsibility

    March 31

    The massive data breach and subsequent Chapter 11 bankruptcy highlight serious lapses in 23andMe's business practices and ethical responsibility. The exposure of sensitive genetic data, especially affecting communities of Jewish and Chinese ancestry, reflects a failure to protect consumer rights, posing risks of exploitation and misuse.

  • -60

    Technology and Services Impact

    March 31

    23andMe's technological infrastructure proved inadequate as evidenced by the major data breach that compromised the genetic information of millions. This not only undermines consumer trust but also increases risks of re-identification and surveillance, particularly impacting vulnerable communities.

    23andMe Bankruptcy: What Happens To Your DNA Data When A Genetic Testing Giant Fails?

  • -40

    Economic and Structural Influence

    March 31

    The bankruptcy proceedings and potential sale of 23andMe introduce economic uncertainty and risk the transfer of vast amounts of sensitive data to new owners. This adds a structural risk that may enable entities with little regard for consumer rights or privacy protections—potentially aligning with authoritarian exploitation.

    23andMe Bankruptcy: What Happens To Your DNA Data When A Genetic Testing Giant Fails?

  • 23andMe Bankruptcy Sparks Consumer Data Concerns Logo
    MAR
    23
    2025

    Following its recent bankruptcy filing, 23andMe faces significant criticism as consumer advocates and California Attorney General Rob Bonta urge customers to delete their sensitive genetic data. The call comes amid fears that, in a sale to a new buyer not bound by HIPAA privacy rules, consumer health and genetic information could be misused. This event has raised serious questions about the company’s business practices and its handling of technology-based consumer data.

  • 23andMe Bankruptcy Raises Critical Data Privacy Concerns Logo
    MAR
    23
    2025

    On March 23, 2025, 23andMe filed for Chapter 11 bankruptcy—a move that not only reflects financial distress but also puts sensitive genetic data of over 15 million customers at risk. This development renews concerns over data privacy and corporate responsibility following a previous major data breach and subsequent class-action lawsuits. Regulatory voices, including California Attorney General Rob Bonta, are urging customers to delete their data, highlighting the potential danger for vulnerable communities.

  • -30

    Business Practices and Ethical Responsibility

    March 31

    The bankruptcy, combined with unresolved litigation and a prior data breach, calls into question 23andMe's commitment to ethical business practices and its ability to safeguard sensitive genetic information. This in turn may expose consumers—especially marginalized communities—to increased risks if a new owner fails to honor existing privacy commitments.

    What 23andMe’s bankruptcy means for your genetic data

  • -20

    Technology and Services Impact

    March 31

    23andMe’s technology platform, which handles extensive personal genetic and health data, is now at risk in the midst of bankruptcy. The potential sale and uncertain future management of this data raise serious concerns about maintaining robust data protection and ethical service standards, thereby negatively impacting the company’s technological and service reliability.

    What 23andMe’s bankruptcy means for your genetic data

  • AG Warns to Delete Genetic Data Amid 23andMe Bankruptcy Risk Logo
    MAR
    22
    2025

    California Attorney General Rob Bonta advised 23andMe customers to delete their genetic information in light of the company's severe financial distress and looming bankruptcy. This warning highlights concerns over the firm's ability to safeguard sensitive genetic data, potentially exposing consumers to privacy risks if the firm shuts down.

  • -40

    Business Practices and Ethical Responsibility

    March 31

    23andMe's precarious financial situation and potential shutdown raise serious concerns regarding its ethical responsibility to protect sensitive consumer genetic data. The inability to ensure data security may leave customers vulnerable to misuse, which is especially concerning in an environment where authoritarian misuse of personal data is a real threat. This lapse in business practices underscores potential ethical failures in managing and safeguarding consumer information.

    AG warns Californians to delete genetic data from 23andMe | Sacramento Bee

  • 23andMe Financial Instability Raises Consumer Data Protection Concerns Logo
    MAR
    20
    2025

    Following a steep decline in valuation after a previous data breach and current financial distress, 23andMe faces serious questions regarding its consumer data protection practices. The potential transfer or sale of sensitive genetic information in a bankruptcy scenario poses significant risks to millions of users, undermining trust and consumer rights.

  • -80

    Business Practices and Ethical Responsibility

    March 26

    23andMe’s policies allow for the transfer of personal genetic data in the event of bankruptcy or a change in control, revealing a serious disregard for consumer privacy and ethical responsibility. This, compounded by its history of data breaches, raises concerns about how sensitive information might be exploited or misused, particularly in a climate where regulatory protections are waning and authoritarian practices may benefit from such vulnerabilities.

    What happens to your data if 23andMe collapses? — Harvard Gazette

  • Data Breach and Inadequate Privacy Safeguards at 23andMe Logo
    DEC
    05
    2024

    An analysis published on December 5, 2024, outlines a series of troubling events at 23andMe, including a 2023 data breach compromising the genetic data of at least 6 million users, a nearly 40% workforce layoff, and the board’s resignation in protest of a plan to take the company private. These developments have raised significant concerns about the company’s business practices and technology protocols, leaving consumer privacy highly vulnerable, particularly in a potential bankruptcy or acquisition scenario.

  • -65

    Business Practices and Ethical Responsibility

    March 31

    The article details serious lapses in 23andMe’s business practices, including insufficient privacy protections and data security measures that have resulted in a major breach and a situation where consumers' sensitive genetic information could be exploited. Such mismanagement raises risks of abuse by authoritarian actors who might capitalize on weakened data safeguards.

    Somebody Spilled the Genes: 23andMe’s Downturn Highlights Insufficient Privacy and Data Security Safeguards for Consumer Genetic Data – EPIC

  • -50

    Technology and Services Impact

    March 31

    23andMe’s technology platform, which collects and manages highly sensitive genetic information, has demonstrated critical vulnerabilities. The massive data breach not only exposed millions of users' immutable genetic data but also underscores the potential for this data to be misused—exacerbating risks such as unauthorized surveillance and discriminatory profiling in environments leaning toward authoritarian control.

    Somebody Spilled the Genes: 23andMe’s Downturn Highlights Insufficient Privacy and Data Security Safeguards for Consumer Genetic Data – EPIC

  • 23andMe Data Breach Settlement Raises Concerns Over Customer Privacy Protection Logo
    SEP
    13
    2024

    23andMe settled a $30 million data breach lawsuit after exposing sensitive personal data of 6.9 million customers, including targeted information of Chinese and Ashkenazi Jewish individuals. This incident highlights a significant failure in ethical responsibility and data protection, raising concerns over its broader business practices that could inadvertently support authoritarian exploitation of vulnerable populations.

  • -40

    Business Practices and Ethical Responsibility

    March 26

    The data breach settlement underscores 23andMe's inadequate safeguards in protecting sensitive consumer data. Exposing personal information, especially of targeted ethnic groups, demonstrates a neglect of ethical responsibility. Such negligence not only harms individuals but can also be exploited by authoritarian regimes, thereby implicating the company in broader systemic risks.

    Genetic testing firm 23andMe settles data breach lawsuit for $30 million

Corporate Financials

Revenue
2024
$150.00M
Total Assets
2024
$203.00M
Operating Income
2024
-$100.00M
Total Equity
2024
$150.00M

Employees: 300

Industries

541511
Custom Computer Programming Services
541713
Research and Development in Nanotechnology
541720
Research and Development in the Social Sciences and Humanities
621511
Medical Laboratories
541712
Research and Development in the Physical, Engineering, and Life Sciences (Biotechnology)
541711
Research and Development in Biotechnology
541610
Management Consulting Services