// startup autopsy

Mirabel Medical Systems

Healthcare SaaS that couldn't survive the long wait of hospital sales

marketfitSilent Shutdown

Quiet closure with no public announcement · Fatal mistake: Mirabel Medical Systems underestimated the capital required to survive the 12-24 month sales cycles typical of hospital SaaS procurement.

Founded	2000
Closed	2007
Country	USA
Sector	Healthtech

50%

Key Events Timeline

2000-01-01

FOUNDING

Mirabel Medical Systems founded in the USA to develop SaaS solutions for hospital and healthcare providers.

2003-06-01

PRODUCT LAUNCH

Launched core healthcare SaaS platform targeting hospital administration and clinical workflows.

2005-01-01

FUNDING

Secured last known funding, totaling $9M, to extend runway and accelerate hospital sales pipeline.

2007-06-01

SHUTDOWN

Mirabel Medical Systems shut down after failing to close sufficient hospital contracts to sustain operations.

Full Analysis

Analyst plan

Documented cause

Mirabel Medical Systems developed healthcare SaaS solutions but closed after failing to achieve scale in a highly regulated, slow-adoption medical software market. With last funding in 2005 and no follow-on cap...

ital, the company shut down unable to meet the long sales cycles of hospital systems.

Verified lesson

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€10.8M

Peak valuation

HypeCycle · MoatType · ResearchTags

Mirabel Medical Systems raised €9M before mirabel medical systems underestimated the capital required to survive the 12-24 month sales cycles typical of hospital saas procurement. ended it. See the documented cause, verified lesson and all failure signals.

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