Goyaa, a Hamburg-based legal tech company, has announced its closure after failing to generate the sales needed for a scalable business model. Co-founder Timo Steffens shared the news through LinkedIn, attributing the decision to a lack of commercial momentum in a market where digital tools are underutilized in law firms. Founded in 2022, Goyaa aimed to provide an integrated management platform for legal operations, including document management and task planning, but could not achieve enough traction to ensure viability despite initial interest and investor support.
Goyaa, a Hamburg-based legal tech startup, is winding down operations due to insufficient sales and commercial momentum despite initial investor backing and customer interest.
Co-founder Timo Steffens announced the company's closure, stating that the legal operating system aimed at streamlining law firm processes couldn't achieve the necessary market traction.
Founded in 2022, Goyaa aimed to enhance legal operations but struggled in a segment that has seen limited adoption of digital solutions by law firms.
The company provided tools for file management, task planning, and deadline tracking but ultimately could not support a scalable venture capital model.
Collection
[
|
...
]