Caastle seems to start playing fashion in trouble

Caastle, a startup launched in 2011 as a subscription service in plus clothing and In 2018, it became the inventory liquefaction platformHe faces financial difficulties, Intuitive reports.

AXIOS stated that the company has resigned, and CEO Christine Honsker has resigned, and the application of the law was achieved in alleged financial misconduct, citing a leakage message from the Board of Directors.

Caastle did not immediately respond to the comment. Teccrunch has noticed a Caastle working panel currently saying it He has no open rolesOften a negative sign of starting start.

The startup raised more than $ 530 million, although it raised the last $ 43 million in 2019, according to Pitchbook estimates. Although this may be a more involved explosion than most startups at all, experts told Techcrunch that 2025 on the right path to be another brutal year For failed emerging companies.