// startup autopsy
MindBO
Bolivia's mental health app in a country where 40% poverty makes $8/month unthinkable
market sizeSilent Shutdown
Quiet closure with no public announcement · Fatal mistake: Bolivia 40% poverty made $8/month therapy unaffordable; SEDES (Servicio Departamental de Salud) mental health services were free; 1 psychologist per 100K people but unaffordability not access was the barrier
| Founded | 2020 |
|---|---|
| Closed | 2022 |
| Country | Bolivia |
| Sector | Healthtech |
// the model, blind
Evaluating only MindBO’s profile at its peak — without knowing the outcome — the model ranked Market too small as the #1 likely cause. That’s exactly how it died.
Key Events Timeline
FOUNDING
FUNDING
SHUTDOWN