Girişimci Kafası archive

Health

Health: the closure stories and lessons of 14 startups.

Startups1,686
Known capital burned$31.2 billion
Average lifespan10.3 years
Most common causeBusiness model failed
Countries81
Biggest lossArgo AI ($3.6 billion)

14 startups

Closed2013 – 2023

Babylon Health

The health company offering an SI-powered chatbot and video consultations with doctors

United Kingdom$635 millionBusiness model failed
Closed2013 – 2023

Pear Therapeutics

The FDA-authorised digital health pioneer developing prescription software therapies

United StatesBusiness model failed
Closed2001 – 2020

Proteus Digital Health

A digital medicine company valued at USD 1.5 billion that put ingestible sensors into pills

United States$500 millionBusiness model failed
Closed2014 – 2019

Arivale

A start-up offering personal health coaching based on genetic and blood tests

United States$50 millionBusiness model failed
Closed2015 – 2019

Call9

It set out to cut unnecessary hospital transfers by bringing remote emergency medicine to nursing homes

United States$34 millionBusiness model failed
Closed2012 – 2019

uBiome

The testing start-up that sequenced the human microbiome from samples taken at home

United StatesRegulation and legal issues
Closed2003 – 2018

Theranos

The USD 9 billion health start-up that promised hundreds of tests from a single drop of blood

United States$700 millionFraud
Closed2014 – 2024

e-Basis Treinamento Gerencial e Tecnologia

Brazilian health information and consulting company

Brazil
Closed2014 – 2024

Selina LTD

Was an international hospitality brand

United Kingdom
Closed2001 – 2021

Sphere Medical (United Kingdom)

Company in Cambridge, United Kingdom

United Kingdom
Closed1994 – 2018

Soho Gyms

British chain of ten gyms spread out across central London

United Kingdom
Closed2005 – 2017

Mendor

Finnish health technology company

Finland
Closed2003 – 2015

Bayer HealthCare

Company

Germany
Closed2012 – 2015

MetaMed

Medical consulting firm

United States

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This section is compiled from public sources (Wikidata, news archives and company announcements). Figures are given as they appear in those sources; unknown fields are left blank. If you spot a mistake in an entry, you can send us a correction.