// startup autopsy
Beva
A SaaS hopeful that ran out of runway before finding its market.
marketfitSlow Death
Years-long decline before final shutdown · Fatal mistake: Failed to achieve sufficient product-market fit within a 5-year window despite $3.1M in funding, ultimately exhausting all capital.
Key Events Timeline
FOUNDING
Beva founded as a SaaS startup, entering the growing cloud software market.
FUNDING
Early funding rounds support initial product development and first customer acquisitions.
LAYOFF
Growth stalls; company struggles to scale beyond early adopters and faces high churn rates.
FUNDING
Final funding round closes; total raised reaches $3.1M but runway concerns mount as growth remains elusive.
SHUTDOWN
Beva officially closes after exhausting final funding round without achieving sustainable revenue targets.