Girişimci Kafası archive

Startup Graveyard

1,686 startups that shut down, went under or quietly disappeared. $31.2 billion of investment on record was laid to rest here. Every headstone holds a lesson.

Startups1,686
Known capital burned$31.2 billion
Average lifespan10.3 years
Most common causeBusiness model failed
Countries81
Biggest lossArgo AI ($3.6 billion)

121-180 of 1,686 startups

Closed? – 2020

Smopin

The swipe-based chat app that matched strangers who wanted to talk about the same topic

TurkeyBusiness model failed
Closed2016 – 2020

Starsky Robotics

The driverless lorry start-up: autonomous on the motorway, remotely driven in town

United States$21.5 millionBad timing
Closed1999 – 2020

Wirecard

The payments company that rose into the DAX, then collapsed over €1.9 billion that had gone missing

GermanyFraud
Closed2010 – 2020

Wunderlist

The Berlin-born to-do list app that reached 13 million users

Germany$23.9 millionAcquired and shut down
Closed2017 – 2020

Xinja

The Australian neobank that gathered deposits at high interest, made no loans and handed back its licence

AustraliaBusiness model failed
Closed2010 – 2019

Anki

The robotics start-up that made SI-powered toy robots and racing cars

United States$200 millionRan out of cash
Closed2008 – 2019

Aria Insights

The final form of CyPhy Works, the tethered-drone maker founded by iRobot's co-founder

United States$39 millionFailed pivot
Closed2014 – 2019

Arivale

A start-up offering personal health coaching based on genetic and blood tests

United States$50 millionBusiness model failed
Closed2016 – 2019

Bilemezsin

The Turkish app that turned the news of the day into a fun points-based prediction game

TurkeyTeam problems
Closed2015 – 2019

Call9

It set out to cut unnecessary hospital transfers by bringing remote emergency medicine to nursing homes

United States$34 millionBusiness model failed
Closed2014 – 2019

Chariot

The app-booked commuter shuttle start-up that Ford shut down

United StatesAcquired and shut downCorporate product
Closed2014 – 2019

Coolest Cooler

The record-breaking Kickstarter cool box with a built-in blender and speaker

United States$13.3 millionRan out of cash
Closed2010 – 2019

DAQRI

The company building augmented reality helmets and glasses for industrial workers

United States$275 millionRan out of cash
Closed2016 – 2019

Evtiko Türkiye

A property start-up that made offers on homes within 48 hours, bought them, renovated them and sold them on

Turkey$8.3 millionMacroeconomic crisis
Closed2016 – 2019

Juno

The New York ride-hailing app that promised drivers lower commission and a stake in the company

United StatesAcquired and shut down
Closed2017 – 2019

Koinex

Once one of India's biggest crypto exchanges, shut down by a banking ban

IndiaRegulation and legal issues
Closed2013 – 2019

Ligatus Türkiye

The ad network serving native ads dressed as content recommendations on news sites

TurkeyBusiness model failed
Closed2008 – 2019

Markafoni

The discount fashion site that popularised invitation-only private shopping in Turkey

TurkeyBusiness model failed
Closed2011 – 2019

MoviePass

The monthly cinema subscription buried under its own subscriber boom

United StatesBusiness model failed
Closed2010 – 2019

Munchery

The service delivering chilled, chef-prepared dinners to people's homes

United States$125 millionBusiness model failed
Closed2013 – 2019

QuadrigaCX

The Canadian crypto exchange whose customer funds went missing after its founder died

CanadaRegulation and legal issues
Closed2018 – 2019

Scotty Yemek

The food delivery service of Scotty, the motorbike ride app, bringing restaurant meals by courier

TurkeyBusiness model failed
Closed2014 – 2019

Seven Dreamers Laboratories

The bankrupt maker of Laundroid, a fridge-sized laundry-folding robot

Japan$89 millionProduct problems
Closed2015 – 2019

Sinemia

The cinema subscription app that let film fans go often for a fixed monthly fee

Turkey$2.5 millionRegulation and legal issues
Closed2012 – 2019

Tink Labs

A start-up that put smartphones in hotel rooms and collapsed within weeks of a billion-dollar valuation

Hong Kong$160 millionRan out of cash
Closed2012 – 2019

uBiome

The testing start-up that sequenced the human microbiome from samples taken at home

United StatesRegulation and legal issues
Closed2011 – 2019

Utrip

A Seattle travel-planning start-up whose acquisition deal collapsed three days before signing

United StatesRan out of cash
Closed2015 – 2019

Vreal

The streaming platform that put viewers inside the streamer's virtual world, then closed while waiting for the

United States$15 millionBad timing
Closed2017 – 2019

ŞefGibi

The Turkish start-up sending weekly meal kits with recipe cards and pre-portioned ingredients

TurkeyBusiness model failed
Closed2011 – 2018

1V1Y (Bir Varmış Bir Yokmuş)

The private shopping site set up jointly by some of Turkey's best-known retail brands

TurkeyMacroeconomic crisis
Closed2011 – 2018

Airware

The start-up building a drone operating system and data platform for enterprises

United States$118 millionLost to competitors
Closed2006 – 2018

BuldumBuldum.com

An e-commerce site selling personalised products and quirky gifts

Turkey$6 millionRan out of cash
Closed2013 – 2018

Navdy

The hardware start-up that generated buzz with a device projecting navigation onto the windscreen, then went i

United States$42 millionNo market need
Closed2010 – 2018

Path

A mobile social network designed for sharing photos and moments with a close circle of friends

United States$66 millionAcquired and shut down
Closed2014 – 2018

Pondr

The Turkish social app that let you put two photos side by side and ask your followers to choose

Turkey$1 millionLost to competitors
Closed2014 – 2018

Radar Radio

The online radio station that was a stage for London's underground music until allegations of harassment and e

United KingdomTeam problems
Closed2008 – 2018

Rethink Robotics

The Boston pioneer of collaborative robots that work side by side with people

United StatesRan out of cash
Closed2017 – 2018

Setmoda

The fashion site that suggested outfits to match the shopper's mood and sold them as sets

TurkeyLost to competitorsCorporate product
Closed2013 – 2018

Shyp

The on-demand courier app that collected parcels from your door, packed them and shipped them

United States$62.1 millionBusiness model failed
Closed2000 – 2018

Sobee

The pioneering games studio behind Turkey's first MMORPG, İstanbul Kıyamet Vakti

TurkeyAcquired and shut down
Closed2003 – 2018

Theranos

The USD 9 billion health start-up that promised hundreds of tests from a single drop of blood

United States$700 millionFraud
Closed2014 – 2018

Webnak

The freight platform that matched shippers with lorry drivers through a mobile app

TurkeyNo market needCorporate product
Closed2006 – 2018

Wonga

High-cost, short-term online loans approved in minutes

United KingdomRegulation and legal issues
Closed2010 – 2018

Yogome

The start-up that claimed millions of users for its educational games, then closed amid allegations of miscond

Mexico$36.5 millionTeam problems
Closed2013 – 2017

Beepi

The marketplace that took used-car buying and selling out of the dealership and to the door

United States$150 millionRan out of cash
Closed2014 – 2017

Beme

An app that promised unfiltered sharing through short videos with no editing and no preview

United States$6 millionAcquired and shut down
Closed2014 – 2017

Bukoli

A Borusan venture that delivered online orders to neighbourhood shops and smart lockers

TurkeyBusiness model failedCorporate product
Closed2011 – 2017

Butikbebe.com

The Turkish private shopping site selling products for mothers, mothers-to-be and babies through campaigns

TurkeyBusiness model failedCorporate product
Closed2013 – 2017

Doppler Labs

The maker of Here One, the smart wireless earbuds that filtered the sounds around you

United States$50 millionRan out of cash
Closed? – 2017

Fotokritik

The Turkish-language photography community where photographers shared their work and critiqued each other

TurkeyLost to competitors
Closed2013 – 2017

GüvenRehberi

The Turkish SaaS start-up that rated the trustworthiness of online shops through customer reviews

TurkeyNo market need
Closed1999 – 2017

Jawbone

The USD 3 billion hardware company behind headsets, speakers and fitness trackers

United States$1 billionProduct problems
Closed2013 – 2017

Juicero

The $699 internet-connected juicer that squeezed fruit packs sold on subscription

United States$120 millionProduct problems
Closed2016 – 2017

Kidimami

The marketplace where families bought and sold new and lightly used baby and children's products

TurkeyBusiness model failed
Closed2013 – 2017

Lily Robotics

An autonomous camera drone that you threw into the air and that then followed and filmed you on its own

United States$14 millionRan out of cash
Closed2015 – 2017

Maple

A David Chang-backed service that cooked meals in its own kitchens and delivered them with its own couriers

United States$25 millionAcquired and shut down
Closed2014 – 2017

Nuvo

Yapı Kredi's branchless, fee-free digital banking brand for young people

TurkeyLost to competitorsCorporate product
Closed2013 – 2017

Papyon

Yemeksepeti's restaurant discovery and online table booking platform

TurkeyAcquired and shut downCorporate product
Closed2011 – 2017

Parse

The mobile back-end service that 600,000 apps relied on, until Facebook bought it and shut it down

United States$7 millionAcquired and shut down
Closed2009 – 2017

Quixey

The search engine that found apps by what they do rather than what they are called

United StatesBusiness model failed

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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.