Behavioral Health & Mental Health

15 confirmed failures

Funding Burned

$600.8M

Median Lifespan

4 years

Dominant Failure

Reimbursement Dependency

27% of cases

Period

2010 — 2024

Failure Pattern Distribution

Couldn't get paid by insurance4 (27%)

Customer acquisition costs too high3 (20%)

Regulation moved faster than the company2 (13%)

Multi-stakeholder approval bottleneck2 (13%)

Sold through the wrong channel1 (7%)

Outspent by bigger competitors1 (7%)

Couldn't prove the product worked1 (7%)

Product disrupted existing workflows1 (7%)

Curator's Note

auto-generated

This section of the registry contains 15 healthcare Behavioral Health & Mental Health startups that shut down between 2010 and 2024, representing $600.8M in combined funding. The dominant failure pattern is Reimbursement Dependency (27% of cases). CAC Payback accounts for another 20%. These entries were coded using the Gioia three-level qualitative methodology. Inter-rater reliability: 0.82 (strong agreement). This note is auto-generated and will be replaced by editorial analysis.

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Sample verdict

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Based on 16 Behavioral Health & Mental Health failures in the corpus. Not your thesis.

KILLEDKill threshold 63%

Couldn't get paid by insurance

Your revenue depends on payers who have not agreed to cover your product.

Precedents

Cerebral (manual_2024_3) · 2024
Ahead (manual_2024_4) · 2024
Groups (HC-0059) · 2023

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Building in behavioral health & mental health? Stress-test your thesis against these 15 failures.