Why I Worry About Venture-Backed Mental Health & Addiction Startups
And My Ask Of Investors In These Companies
4 min readDec 28, 2020
It’s frustrating if you’re a customer of an expense report SaaS startup and the company goes out of business, but it’s potentially devastating if your tele-therapist or addiction counselor suddenly disappears because the platform that employed them ran out of money. This is my most significant concern about the wave of mental wellness startups being funded with venture dollars — what happens to the clients of the ones which fail?