April 3rd, 2025
Create an account or log in to unlock unlimited access!
CaaStle is a startup that started in 2011 as a subscription service for plus-sized clothing. In 2018, it changed to help clothing retailers make money from their inventory. Now, it is having financial problems, according to Axios.
The company is running out of money, CEO Christine Hunsicker has resigned, and the police are looking into claims of financial issues, Axios reported, mentioning a letter from the board.
CaaStle did not reply quickly to a request for comment. TechCrunch found that CaaStle’s job board shows it has no job openings right now, which is usually a bad sign for a startup.
The startup has raised over $530 million in total, with the last funding round being $43 million in 2019, according to PitchBook. While this growth is impressive for many startups, experts told TechCrunch that 2025 might be another difficult year for startups that fail.
April 3rd, 2025
Thailand Bans Tourists from Cambodia Amid Rising Border Tensions
Thailand Bans Tourists from Cambodia Amid Rising Border Tensions
Israel and Iran Agree to Ceasefire: A Step Towards Peace
Israel and Iran Agree to Ceasefire: A Step Towards Peace
Iran's Missile Attack Hits Israel After Trump's Ceasefire Deadline
Iran's Missile Attack Hits Israel After Trump's Ceasefire Deadline
Israeli Jets Strike Iran's Capital as Missile Attacks Weaken
Israeli Jets Strike Iran's Capital as Missile Attacks Weaken
Argentina's Healthcare Cuts: Are Milei's Reforms Like Trump's?
Argentina's Healthcare Cuts: Are Milei's Reforms Like Trump's?
Iran's Missiles Breach Israel's Defenses: How Strong Is the System?
Iran's Missiles Breach Israel's Defenses: How Strong Is the System?
Iran Retaliates After Attack on Israeli Nuclear Sites
Iran Retaliates After Attack on Israeli Nuclear Sites
Air India Crash: Black Box Found After 241 Fatalities
Air India Crash: Black Box Found After 241 Fatalities
Air India Crash Survivor's Story Sparks Interest in Other Lone Survivors
Air India Crash Survivor's Story Sparks Interest in Other Lone Survivors
Israel Strikes Iran's Nuclear Sites, Kills Top Military Leader
Israel Strikes Iran's Nuclear Sites, Kills Top Military Leader
Create an account or log in to continue reading and join the Lingo Times community!