The Deadpool

A graveyard of funded startups that didn't make it. Learn from the failures of the past.

30 failed startups — $35.9B raised, never returned

Capital Destroyed
$35.9B

Total raised by startups that no longer exist

Tracked Failures
30

Funded startups confirmed shut down

Avg Time to Failure
7.1 yrs

From founding to shutdown

Why startups died

Click a reason to filter the graveyard below.

WeWork

WeWork

Real Estate Tech

Coworking giant that filed for bankruptcy after its 2019 IPO collapse and unsustainable lease obligations.

$22.0BburnedNov 2023New Yorkwework.com
Domain: redirectsrunway
Olive AI

Olive AI

Healthcare

Healthcare automation unicorn that wound down after over-promising on AI capabilities.

$902.0MburnedOct 2023Columbusolive.ai
Domain: parkedpivot failed
Convoy

Convoy

Marketplace

Digital freight brokerage shuttered amid a freight-market downturn after raising at a $3.8B valuation.

$1.1BburnedOct 2023Seattleconvoy.com
Domain: redirectsmarket timing
IRL

IRL

Consumer

Group-messaging unicorn shut down after an internal probe found 95% of users were bots.

$200.0MburnedJun 2023San Franciscoirl.com
Domain: parkedfraud
Outcome Health

Outcome Health

Healthcare

Health-ad-network unicorn whose founders were convicted of defrauding investors and customers.

$600.0MburnedApr 2023Chicagooutcomehealth.com
Domain: expiredfraud
Skillz Spinoff (Aarki Bid)

Skillz Spinoff (Aarki Bid)

AI / ML

Mobile-ad-tech AI bidder that lost share to larger DSPs and wound down operations.

$18.5MburnedFeb 2023Mountain Viewaarki.com
Domain: redirectscompetition
BlockFi

BlockFi

Web3 / Crypto

Crypto lender that filed Chapter 11 after exposure to FTX and the Three Arrows collapse.

$508.4MburnedNov 2022Jersey Cityblockfi.com
Domain: redirectsmarket timing
FTX

FTX

Web3 / Crypto

Crypto exchange that collapsed amid massive fraud and customer fund misappropriation.

$1.8BburnedNov 2022Nassauftx.com
Domain: parkedfraud
Celsius Network

Celsius Network

Web3 / Crypto

Crypto-yield platform that froze withdrawals and filed for bankruptcy; founder later charged with fraud.

$864.0MburnedJul 2022Hobokencelsius.network
Domain: parkedfraud
Fast

Fast

Fintech

One-click checkout startup that burned through $10M/month and shuttered at less than $1M ARR.

$124.5MburnedApr 2022San Franciscofast.co
Domain: expiredrunway
Zenefits

Zenefits

HR Tech

HR unicorn rocked by licensing scandal; later acquired and wound down under TriNet.

$583.6MburnedFeb 2022San Franciscozenefits.com
Domain: redirectsregulatory
Quibi

Quibi

Consumer

Short-form mobile video platform that shut down six months after launch.

$1.8BburnedDec 2020Los Angelesquibi.com
Domain: expiredmarket timing
Essential Products

Essential Products

Consumer

Andy Rubin's premium smartphone company that failed to break into a saturated market.

$330.0MburnedFeb 2020Palo Altoessential.com
Domain: expiredcompetition
Anki

Anki

Consumer

Consumer robotics maker (Cozmo, Vector) that ran out of money before its next round closed.

$200.0MburnedApr 2019San Franciscoanki.com
Domain: redirectsrunway
Aria Insights

Aria Insights

Deep Tech

Tethered drone surveillance startup (formerly CyPhy Works) that shut down despite military traction.

$76.0MburnedApr 2019Bostonariainsights.com
Domain: expiredpivot failed
Munchery

Munchery

Marketplace

Meal delivery startup that shut down abruptly after burning through funding.

$125.4MburnedJan 2019San Franciscomunchery.com
Domain: expiredrunway
Theranos

Theranos

Healthcare

Blood-testing startup whose technology was found to be fraudulent. Founder convicted of fraud.

$945.0MburnedSep 2018Palo Altotheranos.com
Domain: expiredfraud
Shyp

Shyp

Marketplace

On-demand shipping pickup service that couldn't reach profitability.

$62.1MburnedMar 2018San Franciscoshyp.com
Domain: expiredpivot failed
Doppler Labs

Doppler Labs

Consumer

Smart earbud maker (Here One) outpaced by AirPods.

$51.0MburnedNov 2017New Yorkdopplerlabs.com
Domain: expiredcompetition
Juicero

Juicero

Consumer

$400 wifi-enabled juice press that became Silicon Valley's go-to overengineering joke.

$118.5MburnedSep 2017San Franciscojuicero.com
Domain: expiredpivot failed
Jawbone

Jawbone

Consumer

Wearable and audio company that went into liquidation after years of decline.

$930.0MburnedJul 2017San Franciscojawbone.com
Domain: expiredcompetition
Sprig

Sprig

Marketplace

On-demand healthy meal startup that couldn't make unit economics work.

$56.7MburnedMay 2017San Franciscosprig.com
Domain: redirectspivot failed
Beepi

Beepi

Marketplace

Used-car marketplace that ran out of cash after rapid expansion.

$148.0MburnedFeb 2017Los Altosbeepi.com
Domain: expiredrunway
Auctionata

Auctionata

Marketplace

Online art auction house that imploded after regulator probes into shill bidding.

$95.0MburnedJan 2017Berlinauctionata.com
Domain: expiredfraud
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