Ledger & Lore
A free, sourced archive of 192 startup failures
Ledger & Lore launched on July 28, 2026 with 3 votes, #8,766 of 24,623 launches that month and more than 50% of that year's launches.
What it does
Most startup-failure content is either a listicle repeating the same 10 examples (Theranos, FTX, Quibi), or bundled into expensive tools like Crunchbase that treat failure as a footnote. Ledger & Lore is different: 192 companies, each pairing real funding data with a sourced explanation of what went wrong and a plain lesson, not just a "closed" tag. Undisclosed figures are marked, never guessed. Compare any two companies side by side, or filter by industry, country, or cause.
A free, sourced database of startup failures — funding raised, cause of closure, timeline, and lessons learned.
Every startup failure, documented from first funding to final closure. Raising a round? Benchmark against real outcomes — not just the survivor stories. See how others at your stage and in your industry actually fared. Study market patterns and failure modes with sourced, citable data. Every entry is built from public reporting — court filings, official company statements, and credible news coverage. The sources behind each company are linked on its page. We assign a single primary cause: the reason most consistently cited across sources. Real failures are rarely monocausal, but one factor usually dominates the story. We never guess at figures that were never publicly reported. A blank or…from ledgerandlore.org
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