// startup autopsy
Koios Works
A workforce SaaS that closed before it could prove its value proposition
marketfitSilent Shutdown
Quiet closure with no public announcement · Fatal mistake: Koios Works ran out of runway before achieving repeatable revenue, unable to close enough enterprise customers with its limited seed capital.
Key Events Timeline
FOUNDING
Koios Works founded in the USA to build SaaS solutions for workforce management and enterprise productivity.
FUNDING
Raised $0.5M in seed funding to develop its product and acquire its first customers.
PRODUCT LAUNCH
Launched its workforce SaaS platform, entering pilot agreements with several enterprise prospects.
SHUTDOWN
Koios Works shut down after failing to convert pilots to paying customers and exhausting its seed capital.