// startup autopsy

Indaba Mobile

Mobile surveys that couldn't survey a path to growth.

marketfitSlow Death

Years-long decline before final shutdown · Fatal mistake: Failed to differentiate its mobile data collection platform in an increasingly crowded market while funding dried up after 2013.

Founded	2009
Closed	2016
Country	Us
Sector	Saas

50%

Key Events Timeline

2009-01-01

FOUNDING

Indaba Mobile founded to provide mobile survey and data collection SaaS solutions.

2013-06-01

FUNDING

Received last known funding round, totaling $1.5M raised across its lifetime.

2015-01-01

PIVOT

Attempted to refocus platform toward enterprise clients as consumer market showed weak traction.

2016-06-01

SHUTDOWN

Operations ceased as funding was exhausted and the company could not achieve sustainable revenue.

Full Analysis

Analyst plan

Documented cause

Indaba Mobile failed due to insufficient capitalization and competitive disadvantage in the mobile survey and data collection SaaS market. With only $1.5M in total funding and no funding activity after 2013, th...

e company lacked the resources needed to compete against better-capitalized rivals offering similar or superior solutions. The company operated in a niche market segment that proved too narrow to sust

Verified lesson

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€2M

Peak valuation

HypeCycle · MoatType · ResearchTags

Indaba Mobile raised €1.5M before failed to differentiate its mobile data collection platform in an increasingly crowded market while funding dried up after 2013. ended it. See the documented cause, verified lesson and all failure signals.

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