// startup autopsy
ReSteel
Industrial SaaS built for a sector that the 2008 crisis wiped off the map.
external shockSlow Death
Years-long decline before final shutdown · Fatal mistake: Focused entirely on a single cyclical heavy industry sector with no revenue diversification, making the company fully exposed to the 2008 construction collapse.
| Founded | 2005 |
|---|---|
| Closed | 2010 |
| Country | Netherlands |
| Sector | Saas |
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Key Events Timeline
FOUNDING
ReSteel founded in the Netherlands, developing SaaS solutions for the steel and construction industry.
FUNDING
ReSteel secures its last known funding round, aiming to scale its industrial SaaS platform.
REGULATORY ACTION
Global financial crisis triggers collapse of construction and steel markets; ReSteel's entire customer base freezes spending.
SHUTDOWN
ReSteel closes operations in the Netherlands after failing to survive the prolonged construction sector depression.