// 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.

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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.

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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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Key Events Timeline

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