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6 Failed No-Code Startups & the Reasons Behind

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There are a lot of things to consider when building a new startup - where to get funding, how to validate your idea, and what features should the product have.

One of the challenges is finding a market that is willing to pay for your solution without even knowing what it is yet.

However, 90% of startups will fail and shut down.

In this article, you can find 6 failed No-Code startups as well as analyses on why they closed down.


6 Failed No-Code Startups

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Pixate

Pixate

Pixate wanted to make prototyping and designing apps more accessible and effortless. It was acquired by Google in 2015, and after a year, it was shut down.

Details of the startup:

  • Founders:

    Kevin Lindsey, Paul Colton

  • Country:

    United States

  • Industry:

    Design

  • Started in:

    2012

  • Closed in:

    2016

  • Nº of employees:

    10-50

  • Funding Amount:

    $1M-$10M

  • Specific cause of failure:

    Acquisition Flu

You can read more about their failure here.

LocalTown

LocalTown

Michael founded LocalTown, an online marketplace built using no-code tools. After noticing a lot of makers needed help with launching their side projects, he started building tools to solve the problems of that niche.

Details of the startup:

  • Founder:

    Michael Novotny

  • Country:

    United States

  • Industry:

    Software & Hardware

  • Started in:

    2016

  • Closed in:

    2018

  • Funding Amount:

    $0

  • Specific cause of failure:

    Bad Market Fit

You can read more about their failure here.

NewCo

NewCo

If you are interested in the no-code movement, you’ve probably heard Ben Tossell’s name. But today we’re not here to talk about Makerpad, one of the leading communities for no-coders, but about Ben’s previous project: NewCo. We want to know what went wrong, what were the lessons learned, and how it led to his success afterward.

Details of the startup:

  • Founder:

    Ben Tossell

  • Country:

    United Kingdom

  • Industry:

    Education

  • Started in:

    2018

  • Closed in:

    2018

  • Funding Amount:

    $0

  • Specific cause of failure:

    Lack of Focus

You can read more about their failure here.

Reality Hunt

Reality Hunt

Toby founded two projects that gave him lots of valuable lessons for his current Startup Mill projects. They were RealityHunt and "I Voted Remain". He learned to build a simple landing page before committing to building it and to build processes that simplify your way of working.

Details of the startup:

  • Founder:

    Toby Allen

  • Country:

    Belgium

  • Industry:

    Software & Hardware

  • Started in:

    2016

  • Closed in:

    2017

  • Funding Amount:

    $0

  • Specific cause of failure:

    No Market Need

You can read more about their failure here.

RingDaddy

RingDaddy

Isaac Medeiros is a 23-year-old digital marketer that recently launched his first no-code SaaS project, a mass SMS marketing platform for streamers made with a bunch of no-code tools. We'll discuss how starting using no-code tools helped him realize that building an MVP is easier than ever.

Details of the startup:

  • Founder:

    Isaac Medeiros

  • Country:

    Brazil

  • Industry:

    Marketing

  • Started in:

    2020

  • Closed in:

    2020

  • Funding Amount:

    $0

  • Specific cause of failure:

    Bad Market Fit

You can read more about their failure here.

Thepresence

Thepresence

Inspired by the iOS app Launchpad, Miloslav Voloskov started drafting ideas to what eventually was called Thepresence. This aimed to provide a more modern and unconventional take on website builders. But this venture got shut down even before it was able to take off. A mental illness shutting down a business that could have changed the drag-and-drop website builder game? It’s more likely than you think.

Details of the startup:

  • Founder:

    Miloslav Voloskov

  • Country:

    Russia

  • Industry:

    Software & Hardware

  • Started in:

    2018

  • Closed in:

    2018

  • Funding Amount:

    $0

  • Specific cause of failure:

    Other

You can read more about their failure here.

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