Failed 2017

    Juicero

    A $400 WiFi-enabled press for juice packs you can squeeze by hand isn't innovation — it's the parody of Silicon Valley excess.

    TL;DR — Failure Post-Mortem

    Juicero was a Consumer Hardware startup founded in 2013 in USA. It raised $118.5M before collapsing in 2017 — 4 years of runway burned. IdeaProof's AI Failure Score: 43/100, driven by solution in search of a problem. The shutdown affected employees, investors, and the broader Consumer Hardware ecosystem. This case study breaks down the timeline, root causes, competitors that won, and replicable lessons for founders validating similar ideas today.

    Why did Juicero fail?

    Juicero failed in 2017 after 4 years of operation, losing $118.5M in raised capital. The root cause was solution in search of a problem. Key lesson: A $400 WiFi-enabled press for juice packs you can squeeze by hand isn't innovation — it's the parody of Silicon Valley excess.

    Verifiable facts
    Sourced
    Founded → Closed

    2013 → 2017

    Funding Raised

    $118.5M

    Industry

    Consumer Hardware

    Country

    USA

    IdeaProof AI Failure Score

    43/100
    Market Fit Risk
    10
    Burn Rate Risk
    70
    Founder Risk
    50

    What Happened: The Timeline

    🚀

    2013

    Founded by Doug Evans

    📈

    2016-03

    Product launches at $699

    💰

    2016

    Total funding reaches $118.5M

    ⚠️

    2017-04-19

    Bloomberg exposes hand-squeeze workaround

    💀

    2017-09-01

    Company announces shutdown, offers refunds

    Root Causes

    Juicero raised $118.5M for an internet-connected cold-press juicer that squeezed proprietary produce packs. The press launched at $699 (later cut to $399) with $5-8 per-pack refills that were sold only via subscription. In April 2017, Bloomberg reporters demonstrated that you could squeeze the packs by hand and get the same juice in the same time as the machine. Sales collapsed under public ridicule and the company shut down five months later in September 2017, offering refunds to customers. Kleiner Perkins and Google Ventures had led rounds calling it a hardware breakthrough; it became the canonical example of Valley delusion.

    Causal Chain

    Curated · IdeaProof interpretation

    This is our reading of the causal chain — separated from the verifiable facts above. Timeline dates, funding numbers and filings are facts (see methodology); root / proximate / terminal attribution is judgement based on public evidence.

    Root cause

    The $400 Wi-Fi juice press provided no measurable value over squeezing the pre-filled bags by hand — a Bloomberg reporter demo made this public.

    Contributing factors
    • Over-engineered hardware (aerospace-grade aluminium) drove costs incompatible with margins
    • Recurring pouch model incompatible with cold-chain logistics
    • $120M raised without validated willingness-to-pay
    Proximate cause

    Apr 19, 2017 Bloomberg video demonstrated the device was unnecessary; consumer confidence collapsed.

    Terminal event

    Shutdown announced Sep 1, 2017.

    Base rates

    External sources

    A single failure is an anecdote. These base rates give you the denominator — how common this outcome is across all startups matching Juicero's profile. Sources are third-party; we do not restate them as our own claims.

    ~97%
    industry

    of venture-backed consumer hardware startups do not reach a profitable exit within 10 years — hardware requires atypical capital efficiency to survive.

    PitchBook Emerging Tech Research (2023)
    ~90%
    all

    of startups ultimately fail — including ~10% that fail in the first year and the rest across the following decade.

    Startup Genome / CB Insights aggregate (2024)
    ~35%
    all

    of new US employer businesses survive past their 10th year (Bureau of Labor Statistics BED series).

    US Bureau of Labor Statistics — BED (2024)
    ~35%
    stage

    of Series A rounds ever graduate to Series B; the rest run out of runway or pivot without a follow-on.

    CB Insights Venture Capital Funnel (2023)

    After the shutdown

    Post-mortem

    Most databases stop at the shutdown date. Here is what happened next — where the founders, assets, employees, and category ended up.

    Founder(s)

    Doug Evans launched water/sprouting-related ventures with lower profile. No repeat unicorn attempt.

    Assets & IP

    Assets liquidated in 2017. Company offered full refunds on $400 juicer press. No acquirer.

    Investor recovery

    ~$0 to equity investors on ~$120M raised (Kleiner Perkins, GV, Campbell Soup).

    Category outcome

    Connected-appliance-as-subscription thesis largely retired; SharkNinja and Vitamix continue to dominate premium juicing without app dependency.

    Key Lessons Learned

    1. Consumer hardware needs an obvious 'why'

    If a demo can be replicated with human hands, the product has no reason to exist.

    2. Subscription lock-in requires trust

    Proprietary consumables only work when the base device delivers unique value.

    3. Do the 'so what' test

    Ask a stranger: 'is this better than my alternative?' Before raising $118M, before shipping a $700 SKU.

    Frequently Asked Questions

    Sources & Confidence

    Every data point is tagged with its source type and our confidence in it. How we grade sources.

    Field Source Type Confidence
    Shutdown reason Bloomberg (2017-04-19)
    Reputable press
    high
    Root cause attribution IdeaProof Research
    Primary source
    high
    Additional references

    Could This Failure Have Been Prevented?

    IdeaProof's AI validates market demand, competitive positioning, and business model viability in minutes — catching the exact issues that sank Juicero.

    Related Failures

    Spotted a factual error?

    Approved corrections are published in the public changelog with attribution.

    After Juicero: hubs, comparisons and deep dives

    Compare the validation, funding and go-to-market choices that separate survivors from failures like Juicero.