// startup autopsy

Koios Works

A workforce SaaS that closed before it could prove its value proposition

marketfitSilent Shutdown

Quiet closure with no public announcement · Fatal mistake: Koios Works ran out of runway before achieving repeatable revenue, unable to close enough enterprise customers with its limited seed capital.

Founded	2014
Closed	2016
Country	USA
Sector	Saas

50%

Key Events Timeline

2014-01-01

FOUNDING

Koios Works founded in the USA to build SaaS solutions for workforce management and enterprise productivity.

2014-09-01

FUNDING

Raised $0.5M in seed funding to develop its product and acquire its first customers.

2015-03-01

PRODUCT LAUNCH

Launched its workforce SaaS platform, entering pilot agreements with several enterprise prospects.

2016-01-01

SHUTDOWN

Koios Works shut down after failing to convert pilots to paying customers and exhausting its seed capital.

Full Analysis

Analyst plan

Documented cause

Koios Works, a workforce management and productivity SaaS company, shut down within two years of its founding. The startup raised only $0.5M in initial funding with no follow-on rounds, indicating significant c...

hallenges in securing investor confidence. The company likely failed to convert pilot programs into paying customers, a critical milestone for SaaS businesses. Operating in the crowded HR-tech and wor

Verified lesson

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€0.6M

Peak valuation

HypeCycle · MoatType · ResearchTags

Koios Works raised €0.5M before koios works ran out of runway before achieving repeatable revenue, unable to close enough enterprise customers with its limited seed capital. ended it. See the documented cause, verified lesson and all failure signals.

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