Jawbone
Consumer hardwareUSA
π Dead / Bankrupt
PeakΒ $3.2 BillionToday
~-100%
from peak
- π¦Became a unicorn2011
- πPeak valuation$3.2 Billion β14
- πBecame a UnitardJul 2017
- πΈLast valuationWiped out
π₯ Raised & burned
$930M
Total raised
$141K/day
Burned Β· 18.1y alive
Funding: The Information
Current status
Liquidation (Jul 2017)
How it happened
Jawbone built Bluetooth speakers and the UP line of fitness trackers, peaking at a $3.2B valuation in 2014. Squeezed by Fitbit and Apple and unable to ship competitive hardware, it burned through roughly $930M of funding. The company began liquidation in July 2017 in one of the most expensive venture-backed hardware failures of its era.
Source: The Information; raised ~$930M
