// startup autopsy
Filao
A decade of enterprise software, silenced by slow sales cycles.
marketfitSlow Death
Years-long decline before final shutdown · Fatal mistake: Filao failed to build sufficient recurring revenue before its 2008 funding proved to be the last, leaving it exposed when enterprise IT budgets froze during the financial crisis.
Key Events Timeline
FOUNDING
Filao founded in France during the dot-com boom to develop enterprise software solutions for the European B2B market.
PRODUCT LAUNCH
Launched core enterprise workflow SaaS platform targeting mid-to-large French corporations.
FUNDING
Final funding round of $10.9M secured, expected to provide runway for enterprise sales expansion.
LAYOFF
Enterprise clients freeze IT budgets post-2008 crisis; Filao reduces headcount as pipeline deals stall.
SHUTDOWN
Filao ceases operations after exhausting its final funding round without achieving sufficient recurring revenue to sustain the business.