Overview

• 23andMe officially filed for bankruptcy on March 24, 2025, in Missouri, citing ongoing financial struggles and is actively seeking a buyer.
• The company continues operations and has assured customers that there are no changes to its data storage or protection practices during the bankruptcy process.
• Anne Wojcicki, co-founder and former CEO, resigned but remains on the board; her recent buyout offer was rejected prior to the bankruptcy filing.
• A 2023 data breach affecting 6.9 million accounts and a $30 million settlement from the incident significantly contributed to the company's financial decline.
• Privacy advocates and California's Attorney General have urged 23andMe customers to consider deleting their genetic data due to concerns over potential misuse by future owners.