// startup autopsy

StudyApps

Learning apps that couldn't learn to monetize

marketfitSilent Shutdown

Quiet closure with no public announcement · Fatal mistake: StudyApps built consumer educational apps for the Russian market without solving the monetization challenge in a market with low willingness to pay for mobile content.

Founded	2010
Closed	2014
Country	Russia
Sector	Edtech

50%

Key Events Timeline

2010-01

FOUNDING

StudyApps founded in Russia to develop mobile educational applications for students.

2012-06

FUNDING

Raised $200K in seed funding to build out its educational app portfolio.

2013-03

PRODUCT LAUNCH

Launched educational apps on iOS and Android but struggled to convert free users into paying customers.

2014-06

SHUTDOWN

StudyApps ceased operations after failing to achieve sustainable revenue from its consumer app model in the Russian market.

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Documented cause

StudyApps raised $200K to build educational mobile applications in Russia. The startup faced fundamental challenges in monetization within the Russian market due to limited local payment infrastructure and app ...

economy development. The company competed against well-established free educational content platforms that dominated user preferences, making it difficult to justify paid offerings. The Russian edtech

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€0.5M

Peak valuation

HypeCycle · MoatType · ResearchTags

StudyApps raised €0.2M before studyapps built consumer educational apps for the russian market without solving the monetization challenge in a market with low willingness to pay for mobile content. ended it. See the documented cause, verified lesson and all failure signals.

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Key Events Timeline

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