The startup graveyard
76 companies that died in categories on the board, $3.4B of disclosed capital, each with the constraint that killed its category and a source. Sorted by capital raised.
A big graveyard is evidence of demand: investors do not put hundreds of millions into something nobody wants. It is only half of the rule; the other half is whether the killer has moved. Download CSV.
| Company | Category | Years | Capital | How it died | Source |
|---|---|---|---|---|---|
| Quibi | Quibi Not a timing failure | 2018–2020 | $1.8B | Shut down, December 2020 | source M |
| Webvan | Online grocery delivery Formed | 1996–2001 | $800M | Filed for bankruptcy in July 2001 and laid off 2,000 staff | source M |
| Kozmo.com | On-demand local delivery Formed | 1998–2001 | $250M | Shut down, April 2001 | source M |
| Digital:Convergence (CueCat) | Scan-to-web codes Formed | 2001 | $185M | Defunct by the end of 2001 | source M |
| Boo.com | Boo.com Not a timing failure | 1998–2000 | $135M | Collapsed in May 2000 | source M |
| Copia Global | Rural last-mile retail distribution in Africa No-go | 2024 | $123M | Entered administration, May 2024, after failing to raise new funding | source M |
| Juicero | Juicero Not a timing failure | 2013–2017 | $120M | Shut down, September 2017 | source M |
| Arivale | Consumer genomics and health testing I don't know | 2019 | $50M | Closed abruptly in April 2019, saying its service cost more than customers would pay | source M |
| Transatomic Power | Small modular nuclear reactors Trigger pending | 2011–2018 | — | Shut down, September 2018 | source M |
| UAMPS Carbon Free Power Project (NuScale) | Small modular nuclear reactors Trigger pending | 2023 | — | Cancelled, November 2023, after cost estimates rose | source M |
| PointCast | Personalised news feeds Formed | 1992–1999 | — | Sold in 1999 after rejecting a reported $450M offer | source M |
| Aquion Energy | Aquion Energy Not a timing failure | 2008–2017 | — | Chapter 11, March 2017 | source M |
| Better Place | Better Place Not a timing failure | 2007–2013 | — | Bankruptcy, May 2013 | source M |
| Google Glass (consumer) | Camera glasses Formed | 2013–2015 | — | Consumer sales ended January 2015; enterprise edition ended 2023 | source M |
| North (Focals) | Camera glasses Formed | 2012–2020 | — | Acquired by Google in June 2020; Focals discontinued | source M |
| Invitae | Broad clinical genetic testing Blocked on a check | 2010–2024 | — | Chapter 11, February 2024; assets bought by Labcorp | source M |
| Loudcloud | Cloud infrastructure (utility computing) Formed | 1999–2002 | — | Sold its managed-hosting business to EDS in 2002; renamed Opsware | source M |
| 23andMe | Consumer genomics and health testing I don't know | 2006–2025 | — | Chapter 11, March 2025 | source M |
| Anki | Consumer home robots No-go | 2010–2019 | — | Bankrupt in April 2019 after losing a critical funding round | source M |
| VPL Research | Consumer virtual reality Formed | 1984–1990 | — | Bankruptcy, 1990; patents later sold to Sun Microsystems | source M |
| Cruise | Cruise (robotaxis) Not a timing failure | 2013–2024 | — | GM ended robotaxi funding, December 2024 | source M |
| DigiCash | Digital cash Formed | 1989–1998 | — | Bankruptcy, 1998 | source M |
| North (Focals) | Apps for AI camera glasses Blocked on a check | 2012–2020 | — | Acquired by Google in June 2020; Focals discontinued | source M |
| Starsky Robotics | Driverless trucking Trigger pending | 2016–2020 | — | Ceased operations in 2020 after failing to raise money | source M |
| Embark Trucks | Driverless trucking Trigger pending | 2023 | — | Wound down in March 2023, laying off 70% of staff, about 16 months after going public via SPAC | source M |
| TuSimple (US trucking) | Driverless trucking Trigger pending | 2015–2024 | — | Closed its US business, then pivoted to AI gaming as CreateAI (December 2024) | source M |
| eToys | eToys Not a timing failure | 1997–2001 | — | Chapter 11, March 2001 | source M |
| Lilium | Electric air taxis (eVTOL) I don't know | 2015–2025 | — | Insolvency proceedings, late 2024 and again in 2025 | source M |
| Volocopter | Electric air taxis (eVTOL) I don't know | 2011–2025 | — | Filed for insolvency, December 2024; assets sold in 2025 | source M |
| Kitty Hawk | Electric air taxis (eVTOL) I don't know | 2010–2022 | — | Shut down, September 2022 | source M |
| Excite@Home | Excite@Home Not a timing failure | 1996–2001 | — | Chapter 11, 2001 | source M |
| Fast | Fast (one-click checkout) Not a timing failure | 2022 | — | Shut down in April 2022 after raising over $120M; reported 2021 revenue was about $600K | source M |
| Friendster | Friendster Not a timing failure | 2002–2015 | — | Lost US users to MySpace by 2005; shut in 2015 | source M |
| Cyberkinetics Neurotechnology Systems | Implantable brain-computer interfaces Trigger pending | 2009 | — | Sold its BrainGate business and other assets in 2008-2009 | source M |
| AeroFarms | Indoor vertical farming No-go | 2004–2023 | — | Chapter 11, June 2023; emerged smaller in September 2023 | source M |
| AppHarvest | Indoor vertical farming No-go | 2017–2023 | — | Chapter 11, July 2023; greenhouses sold off | source M |
| Bowery Farming | Indoor vertical farming No-go | 2015–2024 | — | Shut down, November 2024 | source M |
| Plenty | Indoor vertical farming No-go | 2025 | — | Chapter 11, March 2025 | source M |
| Kalera | Indoor vertical farming No-go | 2023 | — | Chapter 11, April 2023; assets later sold | source M |
| A123 Systems | LFP battery cells Formed | 2001–2012 | — | Chapter 11, October 2012; assets bought by Wanxiang | source M |
| Blue Apron | Blue Apron (meal kits) Not a timing failure | 2012–2023 | — | Sold to Wonder for about $103M in 2023 | source M |
| MP3.com | Cloud music lockers Formed | 1997–2001 | — | Lost UMG v. MP3.com (2000); acquired by Vivendi Universal in 2001 | source M |
| Napster | Licensed music streaming Formed | 1999–2001 | — | Shut by court injunction, July 2001 (A&M Records v. Napster) | source H |
| MySpace | MySpace Not a timing failure | 2003–2011 | — | Sold by News Corp for about $35M in 2011, after a $580M purchase in 2005 | source M |
| Orexigen Therapeutics | Obesity care on generic semaglutide (outside the US) Blocked on a check | 2002–2018 | — | Chapter 11, March 2018 (Contrave) | source M |
| Vivus | Obesity care on generic semaglutide (outside the US) Blocked on a check | 2020 | — | Filed for bankruptcy protection in 2020 (Qsymia) | source M |
| Urbanfetch | On-demand local delivery Formed | 1999–2000 | — | Shut its consumer delivery service in 2000 | source L |
| HomeGrocer | Online grocery delivery Formed | 1997–2000 | — | Merged into Webvan in 2000, months before Webvan failed | source M |
| Shift Technologies | Shift and Vroom (online used cars) Not a timing failure | 2013–2023 | — | Chapter 11, October 2023 | source M |
| Vroom (e-commerce) | Shift and Vroom (online used cars) Not a timing failure | 2013–2024 | — | Wound down its e-commerce operations, January 2024 | source M |
| Pseudo.com | Online video Formed | 1993–2001 | — | Parent company went bankrupt after the dot-com crash; assets sold to INTV in 2001 | source M |
| Pets.com | Pets.com Not a timing failure | 1998–2000 | — | Liquidated, November 2000 | source M |
| deCODE genetics | Population genomics Formed | 1996–2009 | — | Chapter 11, November 2009; acquired by Amgen for $415M in 2012 | source M |
| Pear Therapeutics | Prescription digital therapeutics Ripe | 2023 | — | Chapter 11, 7 April 2023, with a plan to sell its assets | source H |
| Akili | Prescription digital therapeutics Ripe | 2024 | — | Sold to Virtual Therapeutics for about $34M in July 2024, after struggling to win insurance coverage | source M |
| Better Therapeutics | Prescription digital therapeutics Ripe | 2024 | — | Shut down operations and terminated employees, March 2024 | source M |
| Teledesic | Low-orbit satellite broadband Formed | 1990–2002 | — | Suspended satellite construction in 2002 | source M |
| Iridium SSC | Satellite phones Formed | 1999 | — | Chapter 11, August 1999, nine months after service began; sold for $25M in 2001 | source M |
| Bird | Bird (scooter sharing) Not a timing failure | 2017–2023 | — | Chapter 11, December 2023 | source M |
| Segway PT | Segway Not a timing failure | 2001–2020 | — | Its maker announced the end of Segway PT production in June 2020 | source M |
| General Magic | Smartphones (pocket communicators) Formed | 1990–2002 | — | Ceased operations in September 2002; liquidated in 2004 | source M |
| SixDegrees.com | Social networking Formed | 1997–2001 | — | Sold to YouthStream Media for $125M in 1999; shut in 2001 | source M |
| Convoy | Software freight brokerage Trigger pending | 2015–2023 | — | Shut down in late 2023; assets and some staff acquired by Flexport | source M |
| Solyndra | Solyndra Not a timing failure | 2005–2011 | — | Chapter 11, September 2011 | source H |
| Aerion Supersonic | Supersonic passenger flight Trigger pending | 2003–2021 | — | Shut down in May 2021 after failing to secure production funding | source M |
| Concorde (BAC/Aerospatiale) | Supersonic passenger flight Trigger pending | 1976–2003 | — | Retired in 2003 | source H |
| GO Corporation | Tablet computers Formed | 1987–1994 | — | Sold to AT&T in 1994, then shut down | source M |
| Theranos | Theranos Not a timing failure | 2003–2018 | — | Dissolved in 2018; founder convicted of fraud in 2022 | source H |
| Apollo for Reddit | Third-party clients on someone else's platform No-go | 2023 | — | Shut down 30 June 2023 after Reddit API pricing changes | source M |
| Tweetbot | Third-party clients on someone else's platform No-go | 2011–2023 | — | Shut down January 2023 after Twitter ended third-party client access | source M |
| TiVo | TiVo Not a timing failure | 1997–2016 | — | Acquired by Rovi for about $1.1B in 2016 | source M |
| Buyk | 15-minute grocery delivery No-go | 2022 | — | Ceased operations and filed Chapter 11, March 2022, after its founders' funding was cut off by sanctions | source M |
| Fridge No More | 15-minute grocery delivery No-go | 2022 | — | Shut down, March 2022, after a sale of its assets fell through | source M |
| Gorillas | 15-minute grocery delivery No-go | 2020–2024 | — | Acquired by Getir in December 2022; brand ended in 2024 | source M |
| Getir (US, UK, Germany) | 15-minute grocery delivery No-go | 2015–2024 | — | Announced in April 2024 it was leaving the US, UK and Germany | source M |
| Wildfire Communications | Voice assistants Formed | 1992–2005 | — | Bought by Orange for $142M in 2000; Orange ended the product in 2005 | source M |