Wondermind, a Mental Health Startup by Selena Gomez, Survives Thanks to a Loan Against Her Mother’s House

Selena Gomez Calls Her Relationship With Her Mother a Real-Life Gilmore Girls Story
Credit: Wiki Commons

The message of healing once carried by Wondermind now sits uneasily against the silence of missed paychecks and rising debt. The mental health startup co-founded by Selena Gomez is facing serious financial strain, with internal fractures surfacing despite the company’s early promise.

According to Forbes, Mandy Teefey, Gomez’s mother and Wondermind’s chief operator, took out a loan against her home to cover employee salaries. The company, launched in 2021 with Pierson and Gomez, has reportedly struggled to meet payroll since March. While some overdue wages have now been paid, employees remain in limbo as the April 30 cycle passed without deposits. Freelancers and collaborators have gone unpaid as well. The air around the company has shifted. A space built on vulnerability and mental wellness now finds itself navigating anxiety from within.

Wondermind, a Company Built on Mental Health, Now Triggers Uncertainty

A spokesperson for Wondermind acknowledged the difficulties in a statement to Forbes. “Like many startups, Wondermind has been experiencing its own growth challenges. In the coming days we will enter a new chapter for Wondermind, and continue our important work in mental health that benefits hundreds of thousands of people.” Teefey declined to comment. Gomez’s representatives also chose not to respond.

The weight of this moment is sharpened by the optics. Selena Gomez is consistently listed among the wealthiest women in entertainment, her net worth estimated at 700 million dollars. Rare Beauty, her cosmetics brand, has been a commercial success. Yet her financial and strategic involvement in Wondermind appears limited. Employees told Forbes that Gomez plays no active role in the company. The day-to-day management falls entirely on Teefey, whose decisions have drawn criticism from within. According to staff, Teefey has failed to close sustainable deals or secure long-term financial stability.

Workers Wait While Leadership Stays Silent

Wondermind’s public launch positioned it as a platform for honest conversations around mental health. It attracted praise for centering emotional care and for naming what others preferred to avoid. But there is a dissonance now between the company’s mission and its handling of crisis. Workers who once found pride in their contributions now speak anonymously, uncertain of whether their next paycheck will arrive or whether the startup will survive long enough to make good on its vision.

No legal action has been reported and no formal layoffs announced. But in the background, creditors wait and employees recalculate their options. The irony isn’t lost. A company that promised to destigmatize mental strain now struggles beneath the pressure of its own.

Wondermind once held the promise of a new kind of wellness space. For now, it remains to be seen whether that promise can weather the weight of its reality.

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