Supplyme
Turin B2B SaaS Supplyme failed to scale Italian SMB procurement and shut down in 2023 — representative of dozens of small Italian SaaS failures of the early-2020s wave.
2017 → 2023
$8M
B2B SaaS/Procurement
Italy
Full Analysis
Turin-based Supplyme built procurement-and-supplier-management SaaS for Italian SMBs. After raising €8M from Italian angel networks (Club degli Investitori) and Turin family offices, the company failed to achieve product-market fit in the conservative Italian SMB segment. After two years of declining ARR, Supplyme shut down operations in 2023 and returned remaining capital. A representative case for the dozens of small Italian SaaS startups that failed in 2022-2023.
Could This Failure Have Been Prevented?
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