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 detail. These products help scientists understand complex biological systems and are essential for personalized medicine and advanced research. 10x Genomics sells laboratory equipment, consumables like reagents and microfluidic chips, and software solutions for data analysis. Their focus on high-quality products and support distinguishes them from competitors, aiming to empower researchers in their quest to explore 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 personalized medicine boosts need for 10x Genomics' high-resolution data tools.
  • AI integration in genomics enhances data analysis, benefiting 10x Genomics' software offerings.
  • Expansion of CRISPR applications increases demand for precise genomic analysis tools.

What critics are saying

  • Increased competition in single-cell analysis could impact 10x Genomics' market share.
  • Patent litigation with Bruker Corporation poses legal and financial risks.
  • Reliance on limited suppliers risks supply chain disruptions affecting production timelines.

What makes 10x Genomics unique

  • 10x Genomics offers unique single-cell and spatial analysis tools for detailed genomic research.
  • Their On-Chip Multiplex solution reduces handling time, enhancing laboratory efficiency.
  • The company provides cost-effective genomic solutions, democratizing access to single-cell analysis.

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Growth & Insights
Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↑ 0%

Benefits

Comprehensive health benefits

Generous time off

Parental leave

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