Principal Product Manager

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Menlo Park, CA
Internship
Biotech
The Role

BillionToOne is a next-generation molecular diagnostics company dedicated to developing powerful and accurate diagnostic tests that are accessible to all. Our innovative QCT molecular counting technology significantly enhances the resolution of disease detection using cell-free DNA by over a thousandfold. This groundbreaking technology is integral to our product offerings, including one of our flagship products, Unity Complete™, the only non-invasive prenatal screen capable of assessing fetal risk for both common recessive conditions and aneuploidies from a single maternal blood sample. Leveraging the same molecular counting technology, we've expanded our impact into oncology in 2023 with a pioneering liquid biopsy test, Northstar, that combines treatment selection with monitoring. To date, over 500,000 patients have benefited from our innovative and precise diagnostic tests, and our Annual Recurring Revenue (ARR) has grown from $0 to $125 million in the last ~4 years.

BillionToOne has successfully raised close to $400 million in funding, with a notable $130 million Series D round completed in June 2024, resulting in a company valuation of over $1 billion. This funding has come from prestigious global institutional investors, including Hummingbird, Adams Street Partners, Neuberger Berman, Baillie Gifford, and Premji Invest. BillionToOne has recently been recognized by Forbes as one of America's Best Startup Employers for 2024, highlighting the company's exceptional work environment and commitment to innovation.

Our team has grown significantly and we now proudly employ over 400 highly skilled individuals. Despite substantial growth, we have successfully maintained the unique culture that has defined BillionToOne from inception, continuing to cultivate a team that is not only diverse and passionate but also innovative. Headquartered in Menlo Park, California, with an additional facility in Union City, California, BillionToOne remains at the forefront of significant advances in molecular diagnostics, evidenced by the recent announcement of clinical outcomes data for its Unity Fetal Risk Screen and new advancements in cancer diagnostics. For more detailed information about BillionToOne and its groundbreaking work, please visit our website at www.billiontoone.com.

BillionToOne is seeking an experienced Principal Product Manager, Software Oncology to lead the product management efforts for our oncology product line, from EMR and digital experiences to clinical decision support tools. As the leader in oncology product management, you will be responsible for the full product lifecycle from ideation and development to launch and growth for several key initiatives. The Principal Product Manager, Software Oncology is a hybrid position (2-3/week at our Menlo Park facilities) and reports to our Senior Director of Product.

If you are a passionate product leader with a proven track record in bringing innovative solutions  and data-driven products to the market, love collaborating with diverse groups, and thrive in a fast-paced environment, this is the perfect role for you.

Key Responsibilities:

  • Product Strategy and Roadmap: Define and drive the product strategy and roadmap for the oncology product line, aligning with the company’s vision and business objectives.
  • Product Development: Lead end-to-end product development, working closely with engineering, data science, and design teams to deliver high-quality products.
  • Market and User Insights: Conduct market research and gather user feedback to inform product decisions and improve user experience.
  • Stakeholder Collaboration: Collaborate with cross-functional teams and engage with healthcare professionals and pharma clients to incorporate feedback into product development.
  • Go-to-Market Strategy: Develop and execute go-to-market strategies, creating compelling product positioning and messaging.
  • Innovation and Improvement: Stay abreast of industry trends and continuously seek opportunities for innovation and improvement within the product line.

Required Experience and Education

  • 6+ years of experience in product management with a proven track record of success in developing and launching genomics and data-driven products in the biotech/healthcare industries.
  • Bachelor's Degree is required. Advanced degree in a relevant field (e.g., computer science, data science, bioinformatics, or related) is preferred.
  • Strong strategic thinking and analytical skills to interpret complex data and market insights and translate them into clear product strategies and actions.
  • In-depth knowledge of software tools, data analytics, and their applications in healthcare, particularly oncology.
  • Proven experience in leading cross-functional teams and managing multiple projects simultaneously.
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively across teams and communicate complex concepts to stakeholders.
  • Ability to adapt to a fast-paced and evolving market environment.
  • Experience with regulatory requirements and standards in the healthcare industry is a plus.

Benefits And Perks:

  • Working with a team of ‘rockstars’ who bring out the best in everyone
  • Open, transparent culture that includes weekly Town Hall meetings
  • The ability to indirectly or directly change the lives of hundreds of thousands patients
  • Multiple medical benefit options; employee premiums paid 100% of select plans, dependents covered at 80%
  • Extremely generous Family Bonding Leave for new parents (16 weeks, paid at 100%)
  • Retirement savings program including a 4% Company match
  • Free daily on-site lunches provided from top eateries
  • Latest and greatest hardware (laptop, lab equipment, facilities)
  • A variety of perks on campus (state of the art gym, restaurant)
  • Free on-site EV charging (compatible with all EVs, including Tesla)

At BillionToOne, we are proud to offer a combination of a (1) base pay range (actual amount offered is based on experience and salary/equity options split that the candidate chooses), (2) generous equity options offering, (3) corporate bonus program, on top of (4) industry leading company benefits (free healthcare options, 401k match, very generous fully paid parental leave, etc.).

For this position, we offer a total compensation package of $280,000 per year, including a base pay range of $190,000-$210,000 per year.

BillionToOne is an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

The Company
HQ: Menlo Park, CA
167 Employees
On-site Workplace
Year Founded: 2016

What We Do

BillionToOne is a precision diagnostics company with the mission to make molecular diagnostics more accurate, efficient, and accessible for all. Our patent-pending molecular counter platform is the only technology platform that can accurately count the DNA molecules at the single-count level.

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