// startup autopsy
Waple
A South Korean SaaS story that ended before it began.
marketfitSilent Shutdown
Quiet closure with no public announcement · Fatal mistake: Launched into South Korea's saturated SaaS market without a clearly differentiated product, exhausting seed funding without achieving sustainable customer acquisition.
| Founded | 2015 |
|---|---|
| Closed | 2017 |
| Country | South Korea |
| Sector | Saas |
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Key Events Timeline
FOUNDING
Waple founded in South Korea as a SaaS platform.
FUNDING
Waple receives its only known funding round.
PRODUCT LAUNCH
Product launched but fails to gain meaningful traction in the Korean market.
SHUTDOWN
Waple ceases operations after failing to grow beyond initial users.