FAILDEX失樂園
中文

Cartwheel Software - Acquired in 2023 for $32 mm

The business, the turning points, and the decisions behind them.

FundingUS$1.9M
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Sections to complete:02 · 05

01 / WHAT IT BUILT

What the company did

Cartwheel Software was a New York-based startup building institutional-grade software for the real estate industry — analytics tools for brokers, agents, and investors (cartwheelsoftware.com). It raised a $750,000 pre-seed round announced in October 2022, at the pre-seed stage. In 2023 all of its assets were acquired for $32 million, and the company is no longer operating.

02 / FAILURE REASONS

Pending assessment

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03 / EVENT HISTORY

Events in the structured record

  1. Funding round

    In October 2022 Cartwheel Software announced a $750,000 pre-seed round for its real estate industry software.

  2. Acquisition

    In 2023 all of Cartwheel Software's assets were acquired for $32 million, and the company ceased operating.

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

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Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN / AFTERMATH

Pending assessment

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