| Founded | 2019 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Healthtech |
| Total raised | ~$50M (2019–2021) |
| Collapse type | Sudden Collapse |
| Founder | Saeju Jeong |
Done Health
"ADHD telehealth startup raised $50M by offering fast online ADHD assessments and stimulant prescriptions—then DOJ and DEA investigations ended its core business model."
Unexpected shutdown within weeks of a trigger
Key Events Timeline
Done Health was founded in San Francisco in 2019 to streamline ADHD diagnosis and treatment through telemedicine: quick online assessments followed by prescriptions for stimulant medications (Adderall, Ritalin) without the typical multi-session in-person evaluation that traditional psychiatry required.
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