// startup autopsy

LEYIO

A French SaaS dream that ran out of runway before take-off.

marketfitSilent Shutdown

Quiet closure with no public announcement · Fatal mistake: LEYIO burned through its only funding round without achieving meaningful product-market fit or securing follow-on investment.

Founded	2008
Closed	2010
Country	France
Sector	Saas

50%

Key Events Timeline

2008-01

FOUNDING

LEYIO founded in France as a SaaS startup targeting business software needs.

2009-06

FUNDING

LEYIO raises $1.89M in seed funding, its only external capital round.

2009-12

PRODUCT LAUNCH

LEYIO launches its SaaS product but struggles to attract and retain enterprise customers.

2010-06

SHUTDOWN

LEYIO shuts down after exhausting its seed capital without securing follow-on investment or sustainable revenue.

Full Analysis

Analyst plan

Documented cause

LEYIO raised a small seed round in 2009 but failed to gain traction in the French SaaS market. Limited runway after a single funding event, insufficient customer acquisition, and the early-stage European SaaS e...

cosystem's funding drought left the startup unable to scale or survive. The startup faced challenges typical of early European SaaS companies during the 2009-2010 period, when venture capital funding

Verified lesson

“...”

Unlock full lesson →

€2.3M

Peak valuation

HypeCycle · MoatType · ResearchTags

LEYIO raised €1.89225M before leyio burned through its only funding round without achieving meaningful product-market fit or securing follow-on investment. ended it. See the documented cause, verified lesson and all failure signals.

Unlock full analysis →Create free account

See all plans·Analyst plan — €149/mo