// startup autopsy
Beamly
The TV social app that became a beauty platform and lost its identity
marketfitAcqui-hire
Fatal mistake: Beamly lost its core identity by pivoting from TV social to beauty content without validated demand in the new space.
Key Events Timeline
FOUNDING
Beamly founded in the UK as a second-screen social TV companion app.
FUNDING
Initial seed funding secured to build out the TV social platform.
PIVOT
Beamly pivots from TV social to beauty content and lifestyle platform targeting younger audiences.
ACQUISITION ATTEMPT
Coty Inc. acquires Beamly to bolster its digital content and marketing capabilities.
SHUTDOWN
Beamly product wound down as Coty restructures and discontinues the platform.