Castle, a startup that was introduced as a Plus-Car clothing subscription service in the 21st and in 2018 turned into an inventory cashing platform for retailers in 2018, facing financial problems, Reports the axis.
The company is almost out of money, CEO Christine Honsika has resigned, and law enforcement is investigating the allegations of financial abuse, Axios said the board referred to a leaked letter.
Castle did not immediately respond to any request for the comment. Cassel Job Board noticed TechCrunch that it is currently said There is no exposed roleOften a negative sign for a startup.
The startup has collected more than $ 530 million, though it has finally collected $ 43 million in 2019, estimating pitchbook. Although it can be more involved in the startups than to endure most startups, experts told TechCrunch that 2025 is on the way to be another brutal year for failed startups.