// startup autopsy
Internet college internation S.L.
Too little capital, too competitive a market.
marketfitSilent Shutdown
Quiet closure with no public announcement · Fatal mistake: Launched a SaaS platform in the Spanish online education market with insufficient funding to survive long B2B sales cycles.
Key Events Timeline
FOUNDING
Internet college internation S.L. founded in Spain, targeting the online education and internship management SaaS market.
FUNDING
Raises $148K in seed funding, its only investment round.
DOWN ROUND
Company struggles to acquire paying institutional clients and fails to secure follow-on investment.
SHUTDOWN
Operations cease as funding runs dry and no sustainable revenue model materializes. Company quietly shuts down.