Flipidea releases data on 500 startups that have shut down.

Reasons, location, funding amounts, and more.


Alfred Lee

29 May, 2020

Flipidea releases data on 500 startups that have shut down. | BEAMSTART News

- From our Sponsors -

There are many reasons why startups fail. 

Flipidea, a Bruneian startup (co-founded by a Malaysian) focused on compiling and analysing data of startup failures, has recently released data on over 500 companies that have closed down.

The infographic below lists down some of the key reasons why these companies have shuttered, together with their industries, funding, headcounts, and more:

Number of employees before the startups shut down.
Total funding amount raised.
Funding stage prior to shut down.
Top 20 industries of startups that shut down.
Top 20 locations where startups are from.
Reasons companies shut down.

According to co-founder and CEO of Flipidea, Paul Lee, he believes that many founders could learn from the mistakes of previous failures, allowing them to build more sustainable companies in the long run.

More data on startup failures can be viewed via Flipidea's official website.

- From our Sponsors -

Latest Jobs

Account Executive/GTM

Solve Intelligence

England,

Full Time

USD 100000 — USD 200000 yearly

ML Research Engineer

Zoa Research

New York,

Full Time

USD 150000 — USD 300000 yearly

Founding Engineer

Zaymo

Utah,

Full Time

USD 80000 — USD 180000 yearly

Founding Engineer

Lendtable

New York,

Full Time

USD 160000 — USD 190000 yearly

Computer Vision Internship/Co-Op Fall 2025

Yondu

California,

Internship

USD 9000 — USD 15000 yearly

Product Engineer

Adaptyv

Vaud,

Full Time

Salary Undisclosed

Full-Stack Engineers (London)

Heron Data

England,

Full Time

USD 65000 — USD 150000 yearly

Founding Account Manager

Hadrius

New York,

Full Time

USD 130000 — USD 180000 yearly

Compliance Customer Success Manager

dili

New York,

Full Time

USD 100000 — USD 130000 yearly

Chief of Staff

maintouch

California,

Full Time

USD 125 — USD 150 yearly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2025 BEAMSTART. All Rights Reserved (Legal).