Quirky

Invention platform that connects inventors with companies.

Overview
Product Description

Quirky brings new consumer products to market by enabling interaction between the online global community and Quirky’s product design staff.

Quick Stats

2009

Started in

2015

Closed in

201-500

Employee (s)

$185,330,000

Total Raised

Why did Quirky fail?

Aaron Kazah

Poor Product

Quirky failed because they failed to build great products. The ideas for the products they built were great however a lack of reiteration of existing products and spreading themselves too thin between multiple products eventually dealt a damage to their brand.

Investors - 11
Funding Rounds - 8

Debt Financing - $10,000,000

Series D - $79,000,000

Series C - $68,000,000

Series B - $16,000,000

Venture - $5,000,000

Series A - $6,000,000

Venture - $1,330,000

Venture - Unknown Amount

Founders