No market need
No market need: 19 startups that closed for this reason, with their stories and lessons.
19 startups
Artifact
The Instagram founders' news app, personalised with super intelligence
Closed2014 – 2023Hyperloop One
The company that promised aircraft-speed travel in magnetic pods running through low-pressure tubes
Closed2018 – 2020Quibi
The streaming service that raised $1.75 billion for short shows made to be watched on a phone
Closed2013 – 2018Navdy
The hardware start-up that generated buzz with a device projecting navigation onto the windscreen, then went i
Closed2014 – 2018Webnak
The freight platform that matched shippers with lorry drivers through a mobile app
Closed2013 – 2017GüvenRehberi
The Turkish SaaS start-up that rated the trustworthiness of online shops through customer reviews
Closed2015 – 2017TheFork Türkiye
The Turkish version of TripAdvisor's online restaurant booking and discount platform
Closed2012 – 2016Brisk
The Salesforce add-on that reminded sales teams of opportunities slipping through the cracks
Closed2014 – 2016Frankly.me
An Indian social network that connected users with celebrities through short video Q&As
Closed2012 – 2015Bawte
The Iowa start-up that kept the manuals and warranties for everything you buy in one place
Closed2012 – 2015Ouya
The $99 open Android games console born of Kickstarter records
Closed2005 – 2014BERG
The London design studio that created Little Printer and turned to connected products
Closed2012 – 2013DesignLocks
An online shop offering different, original design products every day
Closed2011 – 2013Sonar
The New York social discovery app that showed your connections with people in the same room
Closed2012 – 2012Fyonk
A social gifting app that let people send friends gift vouchers on their Facebook birthdays
Closed2009 – 2012Glitch
The combat-free, co-operative browser multiplayer game that gave birth to Slack
Closed2011 – 2012Saklışehir
A group-buying site offering traditional experiences to conservative users
Closed2007 – 2010EventVue
The Boulder start-up that built private social networks to connect conference attendees
Closed1999 – 2001Flooz.com
A start-up selling 'flooz', a digital currency that could be spent in online shops
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This section is compiled from public sources (Wikidata, news archives and company announcements). Figures are given as they appear in those sources; unknown fields are left blank. If you spot a mistake in an entry, you can send us a correction.