// startup autopsy
MindCHI
Chile's mental health app blocked by FONASA reimbursement rules and outspent by global platforms
competitionSlow Death
Years-long decline before final shutdown · Fatal mistake: FONASA mental health reimbursement through clinics only; Minsal digital health guidelines required in-person assessment; BetterHelp and Mindpass launched Chilean markets with larger budgets
| Founded | 2019 |
|---|---|
| Closed | 2023 |
| Country | Chile |
| Sector | Healthtech |
// the model, blind
Evaluating only MindCHI’s profile at its peak — without knowing the outcome — the model ranked Competition as the #1 likely cause. That’s exactly how it died.
Key Events Timeline
FOUNDING
FUNDING
MILESTONE
SHUTDOWN