10x Genomics

10x Genomics

Biotechnology tools for genomic research

About

10x Genomics develops products that enhance genomic research, particularly in the life sciences sector. Their main offerings include tools for single-cell analysis, spatial gene expression, and immune profiling, which allow researchers to examine genetic information in great detail. These products help scientists understand complex biological systems and are essential for advancing personalized medicine and research capabilities. 10x Genomics sells advanced laboratory equipment, consumables like reagents and microfluidic chips, and software solutions for data analysis. Their focus on high-quality products and ongoing support distinguishes them from competitors, and their goal is to empower researchers to explore the complexities of the human genome.

Company Stage

IPO

Employees

1,001-5,000

Industries

Biotechnology, Healthcare

Total Funding

$214.9M

Headquarters

Pleasanton, California

Founded

2012


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Simplify's Take

What believers are saying

  • Growing demand for single-cell analysis boosts 10x Genomics' market potential.
  • Patent victory against Bruker strengthens 10x Genomics' competitive position.
  • Advancements in microfluidics enhance efficiency and cost-effectiveness for 10x Genomics.

What critics are saying

  • Increased competition may erode 10x Genomics' market share.
  • Rapid technological advancements could render current products obsolete.
  • Supply chain vulnerabilities could disrupt production and delivery.

What makes 10x Genomics unique

  • 10x Genomics offers innovative single-cell and spatial biology tools.
  • Their GEM-X products reduce costs and improve efficiency in single-cell research.
  • Chromium Xo expands access to high-performance single-cell research with low-cost instruments.

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Growth & Insights
Headcount

6 month growth

4%

1 year growth

7%

2 year growth

14%

Benefits

Comprehensive health benefits

Generous time off

Parental leave

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