Startup Cemetery

A big resource for entrepreneurs and startup owners, in which we have collected and analyzed why +100 big companies have failed. Learn from mistakes, and avoid being part of the 90% of businesses that fail.

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Pixate

Platform for mobile interaction design

General Information
Category
Design
Country
United States
Started
In 2012
Business Failure
Business Outcome
Shut Down
Closed
By 2016
Cause of Failure
Acquisition Flu
Founders & Employees
Number of Founders
Two
Name of Founders
Kevin Lindsey, Paul Colton
Number of Employees
Between 11 And 50
Funding
Number of Funding Rounds
1
Total Funding Amount
$3.8M
Number of Investors
1
Description

Pixate wanted to make prototyping and designing applications more accessible and effortless. Although the company was a small unit, it still had achieved a lot. Specifically, Pixate was a mobile app prototyping tool for Android and iOS that let users create and preview complicated interactions and animations. No use of code was needed to use the app that also helped improve the app design through interactive native prototypes.

Cause of Failure

Pixate became quite popular in a couple of years after its launch and was later acquired by Google in 2015. After purchasing Pixate, Google made Pixate Studio available for general users for free and made Pixate cloud service more affordable. In 2016 Google announced they would be shutting down Pixate so that the team could focus on a new product that would still be related to the prototyping field. They were referring to Google’s Material tools for developers and designers launched in October 2016.

Go on Reading

Koinex

Cryptocurrency exchange platform

Finances
Shut Down
-
Legal Challenges
Finances
India
In 2017
By 2019
Three
Between 51 And 100
No Data
Legal Challenges
Shut Down
Admazely

Easy-to-setup retargeting for web shops

Marketing
Bankruptcy
$600K
Lack of Funds
Marketing
Denmark
In 2011
By 2013
Four
Between 1 And 10
Less Than 1M
Lack of Funds
Bankruptcy
Move Loot

Furniture online marketplace

e-Commerce
Shut Down
$21.8M
Bad Business Model
e-Commerce
United States
In 2013
By 2016
Four
Between 51 And 100
Between 10M 50M
Bad Business Model
Shut Down
Stereomood

Music platform that provided mood-based song listings

Music
Acquired
No Data
Acquisition Flu
Music
Italy
In 2009
By 2015
Four
Between 11 And 50
No Data
Acquisition Flu
Acquired
Wantful

Online gift-giving service

e-Commerce
Shut Down
$5.5M
Competition
e-Commerce
United States
In 2011
By 2013
One
More Than 10000
Between 1M 10M
Competition
Shut Down
RewardMe

Intelligent CRM solution for local commerce

Marketing
Shut Down
$1.1M
Lack of Funds
Marketing
United States
In 2010
By 2015
Three
Between 11 And 50
Between 1M 10M
Lack of Funds
Shut Down
This is Brought to You by:
NerdPilots

NerdPilots

Get fast, reliable web, mobile and software development help 24/7.

Acadium

Acadium

120 hours of digital marketing from a remote apprentice for only $299 (+ $50 off!).

This could be your AD. Sponsor Startup Cemetery to reach +10,000 entrepreneurs.

Subscribe to Our Newsletter!

Invite us into your inbox and get immense learning and 80+ deals on tools to help you scale your startup (worth up to $50,000)!

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