Girişimci Kafası archive

Logistics and delivery

Logistics and delivery: the closure stories and lessons of 27 startups.

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

27 startups

Closed2014 – 2025

Dunzo

The Indian errands and quick-commerce app that grew out of a WhatsApp group

India$450 millionBusiness model failed
Closed2020 – 2025

Pandion

The e-commerce parcel delivery network built by the founder of Amazon Air

United States$125 millionRan out of cash
Closed2020 – 2024

Gorillas

The start-up delivering groceries ultra-fast by bicycle courier from dark stores

Germany$1.3 billionAcquired and shut down
Closed2015 – 2023

Convoy

A digital freight broker that used software to match shippers with truckers

United States$665 millionMacroeconomic crisis
Closed2019 – 2022

Airlift

A Pakistani start-up that went from a shuttle bus app to 30-minute grocery delivery

Pakistan$110 millionRan out of cash
Closed2018 – 2020

Glovo Türkiye

The Turkish arm of the Spanish app that brought everything from meals to groceries to the door by courier

TurkeyLost to competitors
Closed2015 – 2020

Honestbee

The Singaporean platform that delivered groceries through personal shoppers

SingaporeRan out of cash
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
Closed2014 – 2018

Webnak

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

TurkeyNo market needCorporate product
Closed2014 – 2017

Bukoli

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

TurkeyBusiness model failedCorporate product
Closed2014 – 2016

Shipbeat

A Danish shipping platform that billed itself as the Klarna of logistics

DenmarkBusiness model failed
Closed2013 – 2016

Take Eat Easy

The Belgian food delivery start-up that closed after 114 funds said no and its last offer collapsed

BelgiumRan out of cash
Closed2013 – 2016

Washio

An on-demand service that collected dirty laundry from the door and returned it clean within 24 hours

United States$17 millionBusiness model failed
Closed1998 – 2001

Kozmo.com

The delivery service that brought films, snacks and everyday essentials to your door within an hour, free

United States$250 millionBusiness model failed
Closed1996 – 2001

Webvan

The dotcom giant that delivered grocery orders to the door within a 30-minute window

United States$771 millionBusiness model failed
Closed1996 – 2025

American Shipping Company

Logistics and delivery

Norway
Closed2019 – 2024

WE|DO

Czech logistics company

Czechia
Closed2005 – 2023

PCA logistika

Czech logistic company

Czechia
Closed2005 – 2021

Kvikkas

Norwegian logistics company

Norway
Closed2005 – 2020

Compass DKD Czech

Czech company

CzechiaRan out of cash
Closed2009 – 2020

Cruise & Maritime Voyages

British passenger shipping company

United Kingdom
Closed2007 – 2016

Asciano Limited

Australian logistics company

Australia
Closed1999 – 2016

Chonghaejin Marine Company

South Korean shipping company

South Korea
Closed2005 – 2015

PGK Groupe

Logistics and delivery

Ukraine
Closed2007 – 2012

Sezmi

Cloud based video delivery platform

United States
Closed1994 – 2011

Tele Sistemi Ferroviari

Italian transport and logistics IT services company

Italy
Closed2000 – 2006

HSD Transport

Logistics and delivery

Norway

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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.