// startup autopsy

Ranberry

Russian SaaS pioneer lost in transition

marketfitSilent Shutdown

Quiet closure with no public announcement · Fatal mistake: Ranberry misjudged the readiness of the Russian SMB market to adopt cloud SaaS products, leading to slow conversion and revenue shortfall.

Founded	2010
Closed	2014
Country	Russia
Sector	Saas

50%

Key Events Timeline

2010-01-01

FOUNDING

Ranberry founded in Russia to develop SaaS solutions for the local business market.

2011-06-01

PRODUCT LAUNCH

Initial SaaS product launched targeting Russian SMBs with cloud-based tools.

2012-01-01

FUNDING

Secured last funding round totalling $628K; failed to convert into meaningful ARR growth.

2014-06-01

SHUTDOWN

Ranberry closed quietly after exhausting capital without achieving product-market fit.

Full Analysis

Analyst plan

Documented cause

Ranberry was a Russian SaaS startup that closed after failing to achieve sustainable product-market fit in a nascent local cloud market. With $628K raised and last funding in 2012, it could not convert early tr...

action into recurring revenue amid stiff local competition. The startup operated during a challenging period for Russian tech ventures, facing headwinds from limited cloud adoption in Russia and inten

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€0.8M

Peak valuation

HypeCycle · MoatType · ResearchTags

Ranberry raised €0.628M before ranberry misjudged the readiness of the russian smb market to adopt cloud saas products, leading to slow conversion and revenue shortfall. ended it. See the documented cause, verified lesson and all failure signals.

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