Filed under Health · 2023
Mindstrong Health
2014 - 2023, 9 years old
A mental health platform that read smartphone typing and scrolling patterns as digital biomarkers of cognitive state.
Mindstrong bet that passive smartphone signals could serve as an early warning system for mental illness, but the digital biomarker science never matured to clinical utility, and the company pivoted to providing actual telehealth therapy at much higher cost. With $160M burned and no path to profitability, the board wound down operations in early 2023, laying off about 130 staff including the CEO. SonderMind bought the remaining technology assets in March 2023.
- Founded
- 2014-01
- Shut down
- 2023-03-10
- Funding raised
- $160M
- Years alive
- 9
- Founders
- Paul Dagum, Rick Klausner, Tom Insel