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99dresses was a fashion app that offered trades of second-hand designer dresses between users. It operated for a year but had to shut it down in 2014.
Details of the startup:
Founders:
Nikki Durkin
Country:
Australia
Industry:
e-Commerce
Started in:
2010
Closed in:
2014
Nº of employees:
1-10
Funding Amount:
< $1M
Specific cause of failure:
Multiple Reasons
You can read more about their failure here.
Circa had the mission of ‘fixing’ what was wrong with journalism. They suffered a financial breakdown and were copied by giants in the news sector.
Details of the startup:
Founders:
Arsenio Santos, Ben Huh, Matt Galligan
Country:
United States
Industry:
Entertainment
Started in:
2011
Closed in:
2015
Nº of employees:
10-50
Funding Amount:
$1M-$10M
Specific cause of failure:
Lack of Funds
You can read more about their failure here.
Dazo was a food-tech startup based in Bangalore which emerged as a “food on demand” company. Fierce competition and lack of funding led to Dazo's failure.
Details of the startup:
Founders:
Monica Rastogi, Shashaank Shekhar Singhal
Country:
India
Industry:
Food & Beverage
Started in:
2015
Closed in:
2016
Nº of employees:
10-50
Funding Amount:
No Data
Specific cause of failure:
Competition
You can read more about their failure here.
Desti was a traveling and mapping iPad app that used AI to help planning a trip. Although users found it useful, they ended up booking on other platforms.
Details of the startup:
Founders:
Imri Goldberg, Mosi Shuchman, Nadav Gur
Country:
United States
Industry:
Travel
Started in:
2011
Closed in:
2014
Nº of employees:
1-10
Funding Amount:
$1M-$10M
Specific cause of failure:
Bad Business Model
You can read more about their failure here.
Flowtab was an app that solved the problem of long queues in bars. They tried several business models but never found a profitable one, so they shut down.
Details of the startup:
Founders:
Mike Townsend
Country:
United States
Industry:
Food & Beverage
Started in:
2011
Closed in:
2013
Nº of employees:
50-100
Funding Amount:
$0
Specific cause of failure:
Bad Business Model
You can read more about their failure here.
Flud was a social news reader platform. They were unable to raise additional funding for their operations and eventually ran out of cash.
Details of the startup:
Founders:
Bobby Ghoshal, Matthew Ausonio
Country:
United States
Industry:
Productivity
Started in:
2010
Closed in:
2013
Nº of employees:
10-50
Funding Amount:
$1M-$10M
Specific cause of failure:
Multiple Reasons
You can read more about their failure here.
Gowalla was a location-based social platform that allowed users to share their location. It tried to do many things at once, and shut down after 5 years.
Details of the startup:
Founders:
Josh Williams, Scott Raymond
Country:
United States
Industry:
Social Media
Started in:
2007
Closed in:
2013
Nº of employees:
10-50
Funding Amount:
$10M-$50M
Specific cause of failure:
Competition
You can read more about their failure here.
Grooveshark was a streaming music platform. Its major weakness was that it illegally streamed music. They were sued multiples times and had to shut down.
Details of the startup:
Founders:
Andres Barreto, Josh Greenberg, Sam Tarantino
Country:
United States
Industry:
Music
Started in:
2006
Closed in:
2015
Nº of employees:
50-100
Funding Amount:
$1M-$10M
Specific cause of failure:
Legal Challenges
You can read more about their failure here.
HitMeUp was a web-based business commercial center. The founder had no tech background, and after launching 3 versions, they decided to shut down.
Details of the startup:
Founders:
Charlie Pool
Country:
United Kingdom
Industry:
e-Commerce
Started in:
2011
Closed in:
2015
Nº of employees:
1-10
Funding Amount:
< $1M
Specific cause of failure:
Lack of Experience
You can read more about their failure here.
Karhoo was a cab aggregator. It was out of business after 6 months of operation. Poor management and bad execution of a good concept were the main causes.
Details of the startup:
Founders:
Daniel Ishag
Country:
United Kingdom
Industry:
Transportation
Started in:
2014
Closed in:
2016
Nº of employees:
50-100
Funding Amount:
$10M-$50M
Specific cause of failure:
Poor Product
You can read more about their failure here.
Moped was a free social app. It had not enough entertaining and fast-growing content that could attract a broad mass of users. It closed after 16 years.
Details of the startup:
Founders:
Schuyler Deerman
Country:
Germany
Industry:
Social Media
Started in:
1998
Closed in:
2014
Nº of employees:
10-50
Funding Amount:
$1M-$10M
Specific cause of failure:
No Market Need
You can read more about their failure here.
Munchery allowed users to order gourmet food. However, they couldn't deliver the experience that it promised and build a profitable business model.
Details of the startup:
Founders:
Conrad Chu, Tri Tran, Van Tran
Country:
United States
Industry:
Food & Beverage
Started in:
2011
Closed in:
2019
Nº of employees:
100-250
Funding Amount:
> $50M
Specific cause of failure:
Multiple Reasons
You can read more about their failure here.
Parse offered a platform for mobile app devs with tools to let them build, run and test applications. Facebook bought Parse and shut it down in 2017.
Details of the startup:
Founders:
Ilya Sukhar, James Yu, Kevin Lacker, Tikhon Bernstam
Country:
United States
Industry:
Software & Hardware
Started in:
2011
Closed in:
2016
Nº of employees:
10-50
Funding Amount:
$1M-$10M
Specific cause of failure:
Acquisition Flu
You can read more about their failure here.
PepperTap provided a platform to buy and deliver groceries from local markets. Customers found delivery fees too expensive for their needs, and shut down.
Details of the startup:
Founders:
Milind Sharma, Navneet Singh
Country:
India
Industry:
Food & Beverage
Started in:
2014
Closed in:
2016
Nº of employees:
1,000-5,000
Funding Amount:
> $50M
Specific cause of failure:
Poor Product
You can read more about their failure here.
Pixate wanted to make prototyping and designing apps more accessible and effortless. It was acquired by Google in 2015, and after a year, it was shut down.
Details of the startup:
Founders:
Kevin Lindsey, Paul Colton
Country:
United States
Industry:
Design
Started in:
2012
Closed in:
2016
Nº of employees:
10-50
Funding Amount:
$1M-$10M
Specific cause of failure:
Acquisition Flu
You can read more about their failure here.
PoliMobile provided political campaigns with a strategic way to reach their supporters. No one wanted to pay for such a service and they had to shut down.
Details of the startup:
Founders:
Curt Prins
Country:
United States
Industry:
Marketing
Started in:
2011
Closed in:
2015
Nº of employees:
1-10
Funding Amount:
$0
Specific cause of failure:
No Market Need
You can read more about their failure here.
An analysis on why did Quibi, a short-form video streaming platform, shut down despite raising $1.8 billion from investors and having an experienced team.
Details of the startup:
Founders:
Jeffrey Katzenberg
Country:
United States
Industry:
Entertainment
Started in:
2018
Closed in:
2020
Nº of employees:
250-500
Funding Amount:
> $50M
Specific cause of failure:
Multiple Reasons
You can read more about their failure here.
Rdio, a music streaming platform, failed due to poor marketing and distribution, ultimately folding to competition from Spotify and closing down.
Details of the startup:
Founders:
Carter Adamson, Janus Friis, Niklas Zennström
Country:
United States
Industry:
Music
Started in:
2008
Closed in:
2015
Nº of employees:
50-100
Funding Amount:
> $50M
Specific cause of failure:
Competition
You can read more about their failure here.
RoomsTonite was a last-minute hotel booking app for people traveling to India. They raised $1.5M in funding but the money didn't arrive and they shut down.
Details of the startup:
Founders:
Suresh John
Country:
India
Industry:
Travel
Started in:
2014
Closed in:
2017
Nº of employees:
100-250
Funding Amount:
$1M-$10M
Specific cause of failure:
Lack of Funds
You can read more about their failure here.
Secret was an app that allowed users to post content anonymously. Active users rapidly declined after 18 months from its launch and cyberbullying emerged.
Details of the startup:
Founders:
Chrys Bader-Wechseler, David Byttow
Country:
United States
Industry:
Social Media
Started in:
2013
Closed in:
2015
Nº of employees:
10-50
Funding Amount:
$10M-$50M
Specific cause of failure:
Legal Challenges
You can read more about their failure here.
Selltag was a web-based buy & sell platform. The CEO realized their business model would not be sustainable in the long term and shut it down.
Details of the startup:
Founders:
Javier Escribano, Ruben Colomer, Juan Luis Hortelano, Walter Kobylanski
Country:
Spain
Industry:
e-Commerce
Started in:
2014
Closed in:
2015
Nº of employees:
10-50
Funding Amount:
< $1M
Specific cause of failure:
Failure to Pivot
You can read more about their failure here.
Shyp imitated the Uber model with an on-demand shipping service. However, they were unable to figure out a profitable business model and had to shut down.
Details of the startup:
Founders:
Jack Smith, Joshua Scott, Kevin Gibbon
Country:
United States
Industry:
Transportation
Started in:
2013
Closed in:
2018
Nº of employees:
10-50
Funding Amount:
> $50M
Specific cause of failure:
Multiple Reasons
You can read more about their failure here.
Sidecar was a transportation company. They had top-notch technology but no marketing strategy, and could only become useful in high-density cities.
Details of the startup:
Founders:
Jahan Khanna, Sunil Paul
Country:
United States
Industry:
Transportation
Started in:
2011
Closed in:
2015
Nº of employees:
50-100
Funding Amount:
$10M-$50M
Specific cause of failure:
Competition
You can read more about their failure here.
SpoonRocket was a food delivery service making healthy meals each day. When their financial situation declined, they failed to fundraise to stay afloat.
Details of the startup:
Founders:
Anson Tsui, Steven Hsiao
Country:
United States
Industry:
Food & Beverage
Started in:
2013
Closed in:
2016
Nº of employees:
10-50
Funding Amount:
$10M-$50M
Specific cause of failure:
Competition
You can read more about their failure here.
Springpad was designed to empower users to clip, organize, and interpret all types of web content. The company failed to develop a monetization strategy.
Details of the startup:
Founders:
Jason Horman
Country:
United States
Industry:
Productivity
Started in:
2008
Closed in:
2014
Nº of employees:
10-50
Funding Amount:
$1M-$10M
Specific cause of failure:
Lack of Focus
You can read more about their failure here.
Sunrise was a calendar app for mobile and desktop. They had good reviews from users, but calendars are hard to monetize and they have a low entry barrier.
Details of the startup:
Founders:
Jeremy Le Van, Pierre Valade
Country:
France
Industry:
Productivity
Started in:
2012
Closed in:
2016
Nº of employees:
10-50
Funding Amount:
$1M-$10M
Specific cause of failure:
Bad Business Model
You can read more about their failure here.
TakeEatEasy enabled restaurants to provide a reliable delivery service for their customers. Their margins were insufficient and closed doors after 3 years.
Details of the startup:
Founders:
Adrien Roose, Chloé Roose, Jean-Christophe Libbrecht, Karim Slaoui
Country:
Belgium
Industry:
Food & Beverage
Started in:
2013
Closed in:
2016
Nº of employees:
100-250
Funding Amount:
$10M-$50M
Specific cause of failure:
Competition
You can read more about their failure here.
Teforia was a tea brewer that yielded the perfect cup of tea by combining tradition with smart technology. It had an absence of market fit and shut down.
Details of the startup:
Founders:
Allen Han, Kris Efland
Country:
United States
Industry:
Food & Beverage
Started in:
2014
Closed in:
2017
Nº of employees:
10-50
Funding Amount:
$10M-$50M
Specific cause of failure:
No Market Need
You can read more about their failure here.
Tilt was a social payments startup. The CEO was believed to become the next Zuckerberg. However, lack of focus led to shutting down their operations.
Details of the startup:
Founders:
James Beshara, Karolyn Baxter, Khaled Hussein
Country:
United States
Industry:
Finances
Started in:
2012
Closed in:
2017
Nº of employees:
100-250
Funding Amount:
> $50M
Specific cause of failure:
Lack of Focus
You can read more about their failure here.
What was Yik Yak? Why was it shut down? Are there any alternatives nowadays? Find the answers to these questions and more in this article.
Details of the startup:
Founders:
Brooks Buffington, Tyler Droll, Will Jamieson
Country:
United States
Industry:
Social Media
Started in:
2013
Closed in:
2017
Nº of employees:
10-50
Funding Amount:
> $50M
Specific cause of failure:
Legal Challenges
You can read more about their failure here.
BusyMind was a simple app that guided people through basic breathing and observation exercises. Lack of time destroyed the startup.
Details of the startup:
Founder:
Kevin Lamping
Country:
United States
Industry:
Health
Started in:
2014
Closed in:
2014
Funding Amount:
$0
Specific cause of failure:
Lack of Focus
You can read more about their failure here.
Robert was the co-founder of Cuddli, a dating app for geeks. The startup was based in the US but they had their development team in Croatia. Media features grew the app to 100k users but a combination of a small market and their inability to monetize the app forced the startup to shut down.
Details of the startup:
Founder:
Robert Walker
Country:
United States
Industry:
Software & Hardware
Started in:
2014
Closed in:
2016
Funding Amount:
$0
Specific cause of failure:
Bad Business Model
You can read more about their failure here.
GawkBox was a platform where viewers of live streams could play mobile games to donate real money to streamers. Chris co-founded this as his first startup and he was able to successfully raise $4.4M in venture funding, which the startup invested in marketing until they achieved 500k users and more than $1M in revenue. However, multiple mistakes and a series of reasons led to their shut down.
Details of the startup:
Founder:
Christopher Brownridge
Country:
United States
Industry:
Entertainment
Started in:
2016
Closed in:
2019
Funding Amount:
$1M-$5M
Specific cause of failure:
Lack of Funds
You can read more about their failure here.
Jeff Orr and two friends in college started Gulp- an app to pay bar cover. Gulp was meant to replace the inconvenience of having to go an ATM to pay for a bar’s cover fee, but with the lack of affiliate marketing knowledge and some bad unit economics, the friends quickly ran out of money.
Details of the startup:
Founder:
Jeff Orr
Country:
United States
Industry:
Software & Hardware
Started in:
2014
Closed in:
2015
Funding Amount:
$0
Specific cause of failure:
Bad Business Model
You can read more about their failure here.
Holger Sindbaek is the founder of Habitual, a habit-tracking app that was initially created since Holger could not find an app that could suit his habit-tracking needs after reading Atomic Habits book. With other successful apps under his belt like a Solitaire card game played by 3M people per month, it seems like he has the knack of making startups fly. So what went wrong with Habitual? Discover it in this interview.
Details of the startup:
Founder:
Holger Sindbaek
Country:
Denmark
Industry:
Productivity
Started in:
2019
Closed in:
2021
Funding Amount:
$0
Specific cause of failure:
Bad Marketing
You can read more about their failure here.
InoVVorX was an app development company that both worked for clients and built their own projects. The business did it well for some time, having a team of 25 people, making $300k from their services, and raising $100k. However, their plans on working on their own products (too many of them) meant they started burning all the money and eventually had to shut down.
Details of the startup:
Founder:
Maxim Dsouza
Country:
India
Industry:
Software & Hardware
Started in:
2010
Closed in:
2016
Funding Amount:
$100K-$500K
Specific cause of failure:
Lack of Funds
You can read more about their failure here.
After a decade of training and coaching, Andrew realized that stress was one of their clients’ main issues. That’s how he thought about creating a stress relief app. He partnered up with a dev company to build his idea while he took care of marketing. In few months, he got a great list of interested people, but COVID-19 changed things… the devs were no longer interested in building the app.
Details of the startup:
Founder:
Andrew Laux
Country:
United States
Industry:
Health
Started in:
2019
Closed in:
2020
Funding Amount:
$0
Specific cause of failure:
Dependence on Others
You can read more about their failure here.
Jordi Miró has been building products and companies since 2007. After a successful CTO experience in Wuaki TV, he founded Lernin Games, an EdTech startup focused on toddlers. He raised €1.5M and built a team of 10, but Lernin ran out of cash and the project couldn’t succeed.
Details of the startup:
Founder:
Jordi Miró
Country:
Spain
Industry:
Education
Started in:
2017
Closed in:
2019
Funding Amount:
$1M-$5M
Specific cause of failure:
Bad Business Model
You can read more about their failure here.
Marc co-founded *openmargin, a social e-reader app that turned books into small communities. Being too early in the market, having huge competitors like Amazon, and not shipping fast enough were three of the reasons for the startup’s failure.
Details of the startup:
Founder:
Marc Köhlbrugge
Country:
Netherlands
Industry:
Productivity
Started in:
2009
Closed in:
2014
Funding Amount:
$100K-$500K
Specific cause of failure:
Lack of Focus
You can read more about their failure here.
Logan was the CEO and CTO of Playdate, an on-demand social networking app. In two years, the startup grew to a team of 7 at its peak and 5,000 monthly active users. However, a collection of causes made the startup uninvestable and they eventually run out of money.
Details of the startup:
Founder:
Logan Rado
Country:
United States
Industry:
Social Media
Started in:
2016
Closed in:
2019
Funding Amount:
$0
Specific cause of failure:
Lack of Funds
You can read more about their failure here.
Lola founded Refolo, a meal-planning app focused on plant-based eating. After spending 2 years selling a solution for a problem that people weren't already investing money in, she decided to shut it down looking for other opportunities.
Details of the startup:
Founder:
Lola Ojabowale
Country:
United States
Industry:
Health
Started in:
2018
Closed in:
2020
Funding Amount:
$0
Specific cause of failure:
Bad Market Fit
You can read more about their failure here.
Will is a software engineer based in San Francisco, who co-founded Tandem, an app to help people stay on top of their medications. They carried out some research and considered it was a great business idea. But, after launching, they discovered retention was really difficult and decided not to continue.
Details of the startup:
Founder:
Will Sun
Country:
United States
Industry:
Health
Started in:
2016
Closed in:
2016
Funding Amount:
$0
Specific cause of failure:
No Market Need
You can read more about their failure here.
Zapstream was a social live streaming platform, which competed with Meerkat and Periscope. The startup raised $1m from angels and grew from 0 to 100k users. However, a combination of dwindling engagement, mismanagement of money, and the inability to fundraise further, led to their shut down.
Details of the startup:
Founder:
Devan Sood
Country:
United States
Industry:
Social Media
Started in:
2015
Closed in:
2016
Funding Amount:
$1M-$5M
Specific cause of failure:
Mismanagement of Funds
You can read more about their failure here.
