// startup autopsy

Tandem Transit

Transit coordination software that missed the bus on enterprise sales.

marketfitSilent Shutdown

Quiet closure with no public announcement · Fatal mistake: Tandem Transit underestimated the complexity and length of government procurement cycles, burning through limited seed capital before closing a single major contract.

Founded	2008
Closed	2012
Country	USA
Sector	Mobility

50%

Key Events Timeline

2008-01-01

FOUNDING

Tandem Transit founded in the USA to build SaaS solutions for transit coordination and shared mobility logistics.

2010-06-01

FUNDING

Raised $0.3M in seed funding to expand the platform and pursue municipal contracts.

2011-08-01

PRODUCT LAUNCH

Launched core transit coordination platform but struggled to convert pilots into paid municipal contracts.

2012-06-01

SHUTDOWN

Tandem Transit quietly shut down after exhausting seed capital without securing sustainable revenue.

Full Analysis

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Documented cause

Tandem Transit, a SaaS platform for transit coordination and ridesharing logistics, failed around 2012 due to fundamental misalignment between its business model and market realities. The company attempted to s...

erve municipalities and public transit agencies, but struggled to navigate the lengthy and complex procurement cycles characteristic of government clients. With only $0.3M in funding, the company lack

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€1.5M

Peak valuation

HypeCycle · MoatType · ResearchTags

Tandem Transit raised €0.3M before tandem transit underestimated the complexity and length of government procurement cycles, burning through limited seed capital before closing a single major contract. ended it. See the documented cause, verified lesson and all failure signals.

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Key Events Timeline

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