We are sad to announce that Kittyo has been unable to secure the funding for continued operations and has shut down.
Despite our success in bringing Kittyo to the market with the support of the Kickstarter community, the fact is that maintaining and growing an IoT company at our stage is impossible without additional seed money. There are many costs associated with keeping a complex connected device like Kittyo functional (server costs, product insurance, updating iOS and Android apps, customer service, etc. etc.).
We thank everyone who had kind words for us and shared their stories (and photos and videos) of all the fun they had with their Kittyos over the last two years.
To those upset by our shutdown, we fully understand your frustration. Please know that our inability to raise additional funds was not for lack of trying.
Timing is essential in raising capital for a startup. In the years in which we’ve been trying to secure funds, VC investments in tech have been remarkably low, making the uphill battle of raising capital that much more challenging.
That being said, we have always envisioned introducing an ecosystem of connected cat devices to the market in addition to Kittyo (smart collar, feeder, door, etc.) — all controlled through a single app. Because we truly believe in the potential of the pet tech market, we will continue to strive to raise the capital needed to make this vision a reality. If new investment emerges and we are able to revive Kittyo in the future, you will be the first to know.
Thank you again for your support.