// startup autopsy

Cascada Mobile

Mobile marketing before mobile mattered

timingSilent Shutdown

Quiet closure with no public announcement · Fatal mistake: Entered the mobile marketing SaaS space before enterprise buyers had meaningful mobile budgets or infrastructure to support campaigns.

Founded	2004
Closed	2008
Country	Canada
Sector	Saas

50%

Key Events Timeline

2004-01-01

FOUNDING

Cascada Mobile founded in Canada to build mobile marketing SaaS for enterprise clients.

2006-06-01

FUNDING

Company raises $2M in funding, its last known capital infusion.

2007-06-01

PRODUCT LAUNCH

Mobile campaign platform expanded but enterprise adoption remains sluggish amid pre-smartphone market conditions.

2008-06-01

SHUTDOWN

Cascada Mobile ceases operations after failing to find product-market fit or secure additional investment.

Full Analysis

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Documented cause

Cascada Mobile developed mobile marketing software during a period when the market was not yet ready for mass adoption. The company faced significant structural headwinds: Canadian carrier fragmentation created...

technical and commercial obstacles, while enterprise adoption of SMS and mobile marketing campaigns remained slow and uncertain. This timing mismatch meant the startup could not achieve sufficient tr

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€2.4M

Peak valuation

HypeCycle · MoatType · ResearchTags

Cascada Mobile raised €2M before entered the mobile marketing saas space before enterprise buyers had meaningful mobile budgets or infrastructure to support campaigns. ended it. See the documented cause, verified lesson and all failure signals.

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Key Events Timeline

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