// startup autopsy
Kolis Scientific
Scientific SaaS that couldn't survive the research budget cycle
marketfitSilent Shutdown
Quiet closure with no public announcement · Fatal mistake: Kolis Scientific underestimated the extreme length of enterprise sales cycles in research and academic institutions, burning cash while waiting for deal closures that often never came.
Key Events Timeline
FOUNDING
Kolis Scientific founded in the USA to develop SaaS workflow tools for scientific research institutions and life sciences companies.
PRODUCT LAUNCH
Core research workflow SaaS platform launched, targeting university labs and pharmaceutical research departments.
FUNDING
Final funding round closes at $15.07M total; company scales sales team to attack research institution market more aggressively.
LAYOFF
Significant headcount reduction as sales cycles extend beyond projections and monthly burn rate becomes unsustainable.
SHUTDOWN
Kolis Scientific ceases operations after exhausting its funding without achieving sufficient recurring revenue to sustain the business independently.