// startup autopsy
Zume Life
A medication management platform that couldn't cure its own growth problem.
marketfitSilent Shutdown
Quiet closure with no public announcement · Fatal mistake: Underestimated the capital intensity and sales cycle length required to penetrate the healthcare enterprise market.
| Founded | 2006 |
|---|---|
| Closed | 2011 |
| Country | USA |
| Sector | Healthtech |
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Key Events Timeline
FOUNDING
Zume Life founded in the USA to develop medication adherence and health management software.
FUNDING
Company raises its final funding round, totaling $1.7M, to accelerate product development and sales.
PRODUCT LAUNCH
Zume Life attempts to expand its platform capabilities but struggles to convert pilots into paying enterprise customers.
SHUTDOWN
Zume Life ceases operations after exhausting its limited capital without achieving sustainable revenue.