About 24Genetics
24Genetics is a company based in Boston (United States) founded in 2016.. 24Genetics operates in a competitive market with competitors including 23andMe, Helix, DDC Paternity Tests, Vitagene and Asa Rén, among others.
- Headquarter Boston, United States
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$55.39 K (USD), Grant
Aug 01, 2019
- Investors
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Employee Count
Employee Count
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Funding Insights of 24Genetics
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $55,392
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First Round
First Round
(01 Aug 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2019 | Amount | Grant - 24Genetics | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 24Genetics
24Genetics has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by 24Genetics
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 24Genetics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
24Genetics Comparisons
Competitors of 24Genetics
24Genetics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as 23andMe, Helix, DDC Paternity Tests, Vitagene and Asa Rén, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of genetic test solutions to study ancestry, genealogy, and inherited traits
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Genomic database for clinical research is provided.
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DNA tests and personalized diagnostics are provided for various specialties.
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Personalized supplement recommendations are generated from genomic and health data.
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AI-powered platform for precision medicine and longevity research is developed.
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| domain | founded_year | HQ Location |
Genomics-based diagnostic services are developed for health screening and assessment.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 24Genetics
When was 24Genetics founded?
24Genetics was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is 24Genetics located?
24Genetics is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of 24Genetics?
Nacho Esteban is the current CEO of 24Genetics.
What does 24Genetics do?
Founded in 2016 and based in Boston, United States, 24Genetics operates in the direct-to-consumer genetics sector. Cheek swabs are shipped by customers to the companys labs, where whole genome sequencing, exome sequencing, or targeted gene panels are performed. Services cover health and wellness, nutrigenomics, skin care, sports performance, and ancestry analysis, with results delivered to users.
Who are the top competitors of 24Genetics?
24Genetics's top competitors include 23andMe, Helix and DDC Paternity Tests.
Who are 24Genetics's investors?
24Genetics has 1 investor. Key investors include European Union.