Health and Biotech Startup Failures

162 documented health and biotech startup deaths from the GTM Right failure archive. Health, biotech, and medtech startups that shut down, including digital health platforms, diagnostics, and therapeutics. Filter by funding stage, country or year. View all 2,715 failures or read the Failure Intelligence Report.

162
Failures in This Sector
2,715
Total Archive
6%
Share of All Failures

Top causes of failure in Health and Biotech

Based on 162 documented health and biotech startup deaths.

1Competition
4427%
2Unknown
2012%
3Ran Out of Cash
1710%

Showing 162 of 162 companies

Company Sector Funding Year Died Country Cause Description
23andMe Health & Biotech 1100000000 2025 United States Legal/Regulatory
Bridgetech Health & Biotech 140000000 2025 China Legal/Regulatory
Xiaohe Health & Biotech 150000000 2023 China Legal/Regulatory
Spotlight Bio Health & Biotech 40000000 2025 United States Product/Tech Failure
Elvie Health & Biotech 150000000 2025 United Kingdom Unit Economics
MicroPort Health & Biotech 500000000 2024 China Product/Tech Failure
Sichuan Kelun-Biotech Health & Biotech 400000000 2024 China Ran Out of Cash
Base Therapeutics Health & Biotech 34500000 2025 China Product/Tech Failure
Fapon Biotech Health & Biotech 200000000 2024 China Product/Tech Failure
Jiyan AI Health & Biotech 120000000 2024 China Legal/Regulatory
Cue Health Health & Biotech 480000000 2024 United States No Market Need
Jianke Health & Biotech 150000000 2024 China Competition
Yiyao Health & Biotech 200000000 2024 China Ran Out of Cash
Weidong Cloud Health & Biotech 300000000 2024 China No Market Need
SmileDirectClub Health & Biotech 900000000 2023 United States Legal/Regulatory
HomeHero, Inc Health & Biotech 23000000 2017 United States Legal/Regulatory
Forward Health Health & Biotech 650000000 2024 United States Ran Out of Cash
Meerkat Health & Biotech 14000000 2016 United States Competition
Viddy Health & Biotech 30000000 2014 United States Competition
Joost Health & Biotech 45000000 2012 United Kingdom Product/Tech Failure
Viggle Health & Biotech 100000000 2016 United States Unit Economics
DrKoop.com Health & Biotech 130000000 2001 United States Ran Out of Cash
Pear Therapeutics Health & Biotech 315000000 2023 United States Unit Economics
Babylon Health Health & Biotech 1200000000 2023 United Kingdom Unit Economics
Olive AI Health & Biotech 852000000 2023 United States Unit Economics
Outcome Health Health & Biotech 600000000 2020 United States Legal/Regulatory
Intarcia Therapeutics Health & Biotech 1400000000 2020 United States Legal/Regulatory
BusyMind Health & Biotech 3000000 2022 United States Competition
Botnim Health & Biotech 1500000 2019 United States No Market Need
Raw Gains Health & Biotech 3500000 2021 United States Ran Out of Cash
Tandem App Health & Biotech 5000000 2022 United States No Market Need
Kopely Health & Biotech 0 2022 United States Ran Out of Cash
SSovereign Health & Biotech 3000000 2012 United States Product/Tech Failure
Habit Labs Health & Biotech 200000 2013 United States Competition
Crohnology (by Healthy Labs) Health & Biotech 500000 2015 United States No Market Need
Amulyte Health & Biotech 77000 2016 United States Competition
SpringWit Health & Biotech 5000000 2017 United States Competition
In Your Corner Health & Biotech 1000000 2017 United States Competition
Call9 Health & Biotech 34000000 2018 United States Competition
CareLedger Health & Biotech 4500000 2018 United States Competition
Klarismo Health & Biotech 3000000 2018 United States Unit Economics
PatientBank Health & Biotech 250000 2019 United States No Market Need
Shield Bio Health & Biotech 2500000 2019 United States Ran Out of Cash
Clip Health Health & Biotech 5000000 2019 United States Competition
Sage Care Health & Biotech 5000000 2019 United States Competition
Airo Health Health & Biotech 4000000 2019 United States Competition
Caelum Health Health & Biotech 7000000 2020 United States Competition
Cambridge Cancer Genomics Health & Biotech 15000000 2020 United Kingdom Ran Out of Cash
Bumpline Health & Biotech 5000000 2020 United States Ran Out of Cash
Penta Medical Health & Biotech 1500000 2021 United States Ran Out of Cash
ExceptionALLY Health & Biotech 2000000 2021 United States Competition
Hey Healthcare Health & Biotech 5000000 2022 United States Competition
Encepheal Therapeutics Health & Biotech 3000000 2022 United States Ran Out of Cash
Nonu Health & Biotech 5000000 2022 United States Competition
Zergo Health & Biotech 5000000 2022 United States Competition
Trident Bioscience Health & Biotech 15000000 2023 United States Competition
Overfit Health & Biotech 5000000 2023 United States Competition
Ruta Health Health & Biotech 5000000 2024 United States Competition
Comet Health Health & Biotech 12000000 2024 United States Competition
FastFarma Health & Biotech 15000000 2024 United States Competition
Opkit Health & Biotech 1500000 2024 United States Ran Out of Cash
Kips Health Health & Biotech 15000000 2026 United States Competition
Saatvy Health & Biotech 5000000 2026 United States Competition
FitFu Health & Biotech 300000 2014 United Kingdom Competition
Medisas Health & Biotech 2000000 2016 United States Competition
ReSchedule Med Health & Biotech 2000000 2018 United States Competition
Standard Cyborg Health & Biotech 3100000 2018 United States Competition
VetPronto Health & Biotech 2300000 2018 United States Unit Economics
Wink Health Health & Biotech 5000000 2018 United States Competition
Lully Health & Biotech 2600000 2018 United States No Market Need
DoseDr Health & Biotech 2000000 2019 United States Ran Out of Cash
Unima Health & Biotech 1200000 2019 Mexico Competition
Anchor Health Health & Biotech 1500000 2019 United States Competition
TRAC Health & Biotech 500000 2019 United States Competition
PhysioHealth Health & Biotech 5000000 2019 United States Competition
Volt Health Health & Biotech 5000000 2020 United States Legal/Regulatory
Closer Sports Health & Biotech 1500000 2021 United States Competition
Nutrigene Health & Biotech 3000000 2021 United States Unit Economics
Brick Health Health & Biotech 5000000 2022 United States Competition
DailyDoctor Health & Biotech 5000000 2022 United States Competition
Lilia Health & Biotech 2000000 2023 United States Competition
Simple Strips Health & Biotech 5000000 2023 United States Competition
CoVerified Health & Biotech 12000000 2024 United States No Market Need
BeWell Digital Health & Biotech 15000000 2024 United States Competition
Triplet Therapeutics Health & Biotech 59 2022 United States Ran Out of Cash
Theranos Health & Biotech 700000000 2018 United States Product/Tech Failure
SoundFocus Health & Biotech 1800000 2017 United States No Market Need
RxRobots Health & Biotech 4500000 2018 Canada Competition
Pulse Health & Biotech 85000000 2017 United States Competition
Maven Health & Biotech 45000000 2020 United States Ran Out of Cash
Hello Health & Biotech 40000000 2017 United States Competition
HealthSpot Health & Biotech 48000000 2016 United States Ran Out of Cash
First Opinion Health & Biotech 6200000 2019 United States Competition
Faze Medicines Health & Biotech 81000000 2023 United States Ran Out of Cash
Butterfly Health Health & Biotech 15000000 2019 United States No Market Need
Bina Technologies Health & Biotech 8500000 2016 United States No Market Need
Arivale Health & Biotech 50000000 2019 United States Unit Economics
Aira Health Health & Biotech $12M Unknown Small user base and cash shortage Personalized asthma/allergy app
Amino Health & Biotech $45M Unknown Lost to Zocdoc/GoodRx and slow adoption Doctor search and cost estimation
Augmedix Health & Biotech $150M Unknown Lost to software rivals and acquired Remote medical scribes
Avizia Health & Biotech $32M Unknown Outpaced by bigger rivals and acquired Telemedicine for hospitals
Basis Health & Biotech $30M Unknown Overheating and competition Health smartwatch
Better Health & Biotech $4.5M Unknown Crowded market and no differentiation Mental health for employees
BetterHelp Health & Biotech $31M Unknown Trust issues and competition Online therapy (early)
BioBeats Health & Biotech $7M Unknown Lost to bigger players and acquired Stress monitoring wearable
Cardiogram Health & Biotech $2M Unknown Monetization and differentiation woes Heart rate analysis app
CareSync Health & Biotech $48M Unknown No payer contracts and revenue Care coordination platform
CareZone Health & Biotech $161M Unknown Lost to free tools and sold Medication management app
Clarityn Health & Biotech $20M Unknown Lost to IDx and regulatory delays AI eye diagnostics
Dopamine Labs Health & Biotech $2.5M Unknown Lost focus and faded Behavioral tech for apps
Doxy.me Health & Biotech $5M Unknown Free model unsustainable Free telemedicine (early)
Driver Health & Biotech $lowM Unknown Bad pricing and funding Cancer trial matching
Dthera Sciences Health & Biotech $3M Unknown Small market and funding Alzheimer’s therapeutic
Eargo Health & Biotech $316M Unknown Fraud allegations and competition Hearing aids
FitStar Health & Biotech $5M Unknown Lost steam and acquired Fitness app
Ginger Health & Biotech $220M Unknown High costs and merged Mental health support
Healx Health & Biotech $110M Unknown Funding crunch and slow results AI for rare diseases
Health IQ Health & Biotech $136M Unknown Risk models and scrutiny Health-based insurance
HealthRiser Health & Biotech $8M Unknown Lost to Fitbit and costs Posture wearable
HealthTap+ Health & Biotech $88M Unknown Low retention and pivot Subscription telemedicine
HealthifyMe Health & Biotech $125M Unknown Slow retention and pivot Fitness app (early)
InTouch Health Health & Biotech $78M Unknown Scalability issues and sold Telemedicine robots
iRhythm Health & Biotech $150M Unknown Reimbursement woes early Heart monitoring patch
Kaiku Health Health & Biotech $6M Unknown Slow adoption and acquired Cancer symptom tracking
Kyruus Health & Biotech $153M Unknown Lack of traction and pivot Doctor matching (early)
Lantern Pharma Health & Biotech $26M Unknown Slow results and pivot AI drug repurposing
Luminary Labs Health & Biotech $12M Unknown Crowded market and cash out AI skincare diagnostics
Lumeon Health & Biotech $92M Unknown Slow sales and wind-down Care orchestration
MediChain Health & Biotech $15M Unknown Lost to Epic and crypto crash Blockchain medical records
Medicasafe Health & Biotech $5M Unknown High costs and low uptake Smart pill dispenser
Modern Health Health & Biotech $167M Unknown Layoffs and valuation cuts Mental health for employees
Nurx Health & Biotech $115M Unknown Reg hurdles and competition Telehealth birth control
Omada Health Health & Biotech $550M Unknown Slow payer adoption and pivot Diabetes prevention (early)
Outset Medical Health & Biotech $200M Unknown Production snags and competition Portable dialysis (early)
PillPack Health & Biotech $118M Unknown Profitability woes and sold Pre-sorted meds delivery
Proteus Digital Health Health & Biotech $500M Unknown Failed partnership and costs Ingestible sensors
Quit Genius Health & Biotech $77M Unknown Low retention and adoption Quit smoking app
Scanadu Health & Biotech $35M Unknown Regulatory delays and competition Home vitals device
Sherpaa Health & Biotech $22M Unknown Slow uptake and sold Virtual primary care
StethoCloud Health & Biotech $1.5M Unknown Distribution and funding Digital stethoscope
Tinnitracks Health & Biotech $6M Unknown Limited proof and market Tinnitus treatment app
Zeo Health & Biotech $30M Unknown Competition and no viable model Sleep tracking headband
BioViva Health & Biotech Unknown 2021 Unknown
Doximity Health & Biotech Unknown 2022 Unknown
Eko Health & Biotech Unknown 2020 Unknown
Embrace Health & Biotech Unknown 2020 Unknown
EpiBone Health & Biotech Unknown 2021 Unknown
Ginger.io Health & Biotech Unknown 2020 Unknown
Limbix Health & Biotech Unknown 2022 Unknown
Medicast Health & Biotech Unknown 2018 Unknown
Noom Coach Health & Biotech Unknown 2020 Unknown
Omnivis Health & Biotech Unknown 2022 Unknown
Pager Health & Biotech Unknown 2021 Unknown
PlateJoy Health & Biotech Unknown 2021 Unknown
Spectralux Health & Biotech Unknown 2021 Unknown
Tend Health & Biotech Unknown 2023 Unknown
Virta Health Health & Biotech Unknown 2022 Unknown
Vive Health & Biotech Unknown 2021 Unknown
WellnessFX Health & Biotech Unknown 2020 Unknown
Willo Health & Biotech Unknown 2023 Unknown
Zerigo Health Health & Biotech Unknown 2023 Unknown
Zocdoc Local Health & Biotech Unknown 2023 Unknown

View all 2,715 failures across all sectors

Understand why they failed. The GTM Right Failure Intelligence Report maps the commercial patterns behind these deaths - the buyer mistakes, the funnel failures, the GTM errors that capital could not fix.