// startup autopsy
Centerstone Software
Facilities management SaaS that couldn't manage its own runway
marketfitSlow Death
Years-long decline before final shutdown · Fatal mistake: Centerstone pursued a standalone enterprise SaaS model in a fragmented facilities management market dominated by legacy ERP vendors without securing the distribution partnerships necessary for efficient enterprise customer acquisition.
Key Events Timeline
FOUNDING
Centerstone Software founded to build enterprise SaaS for facilities and workplace management.
PRODUCT LAUNCH
Launched core facilities management SaaS platform targeting mid-to-large enterprise customers.
FUNDING
Secured $8.7M in funding to accelerate enterprise sales and product development.
LAYOFF
Reduced headcount as enterprise sales cycles proved longer and more expensive than projected.
SHUTDOWN
Centerstone Software ceased operations after failing to achieve sustainable enterprise ARR.