Hound Labs
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Hound Labs was an Oakland, California health-technology company founded in 2014 by CEO Dr. Mike Lynn — an emergency-room physician, reserve deputy sheriff and former venture capitalist. It built the HOUND Marijuana Breathalyzer: an ultra-sensitive, portable breath test intended to detect recent cannabis use on-site for law enforcement, employers and insurers. The company combined a handheld collection device with single-use cartridges and a base-station analyzer, held 14 patents, and raised about $130 million from investors including Benchmark, EEC, Icon Ventures and Intrinsic Capital Partners.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Liquidation
California ABC creditor notice dated 30 Sep 2024: Hound Labs, Inc. (Delaware) made a general assignment for the benefit of creditors to HL (ABC), LLC effective 23 Sep 2024; assignee took all assets and stated it intends to liquidate them and distribute net proceeds to creditors (claims bar 23 Mar 2025).
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.