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Sunset

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Last updated on

Company health

Employee growth
9% increase in the last year
Web traffic
13% decrease in the last quarter

Sunset description

Sunset helps US-based startups shut down operations. They manage legal, tax, and operational requirements, aiming to simplify and expedite the process. This includes tax filings, legal paperwork, state withdrawals, vendor negotiations, asset liquidation, and capital redistribution to investors. Sunset offers a fixed-fee service and integrates with common business software. Their target customer is venture-backed startups. They differentiate themselves by providing a comprehensive, managed service to minimize founder burden during the shutdown process.


Who is using Sunset?


Who is Sunset best for

Sunset is tailored for US-based, venture-backed startups aiming for a smooth shutdown. We find that their fixed-fee service is particularly appealing. Startups can quickly close operations, manage legal and tax requirements, and redistribute capital to investors efficiently. It’s a great solution to minimize the burden on founders.

  • Great for small businesses (1-100 employees) needing a streamlined, fast shutdown process.

  • Designed for businesses across all industries, especially venture-backed startups in wind-down.


Sunset features

Supported

Flat Fee Pricing: Flat fee pricing, inclusive of legal fees, tax preparation, and filing fees. This makes the service more accessible to startups with limited budgets, providing cost certainty.

Supported

Fast Wind-Down Completion: Typical wind-down completion within 4-8 weeks. This allows startups to quickly and efficiently close their operations, freeing up resources and capital.

Supported

Expert Legal and Tax Counsel: Access to legal counsel and tax professionals (former IRS auditors). This provides startups with expert guidance throughout the wind-down process, ensuring compliance and minimizing potential legal or financial risks.

Supported

Dedicated Account Manager: Dedicated account manager. This ensures that startups have a single point of contact throughout the wind-down process, streamlining communication and providing personalized support.

Supported

Document Storage: Document storage. This allows startups to securely store all relevant documents related to the wind-down process in one place.

Supported

Distressed Asset Marketplace: Distressed asset marketplace. This provides startups with a platform to sell off any remaining assets, potentially recouping some value.

Supported

Capital Redistribution Expertise: Redistribution of over $100,000,000 to customers' investors. This demonstrates the company's experience and success in redistributing capital to investors during the wind-down process.


Sunset pricing

See the Sunset pricing page.


Sunset alternatives

  • Logo of SimpleClosure
    SimpleClosure
    Closes US startups: easy, fast, low-cost, ensures legal compliance.
    Read more
  • Logo of Fondo
    Fondo
    Automates US startup bookkeeping, taxes, and finds tax credits.
    Read more
  • Logo of Haven
    Haven
    Startup accounting, taxes, and financial insights for growth.
    Read more
  • Logo of The Startup CFO
    The Startup CFO
    Outsourced expert CFOs for startups, driving growth and funding.
    Read more
  • Logo of Efficient Capital Labs
    Efficient Capital Labs
    Fast, non-dilutive funding for SaaS growth. Get up to $1.5M in 3 days.
    Read more
  • Logo of Stripe Atlas
    Stripe Atlas
    Incorporate, get funded, and run your US company easily.
    Read more

Sunset FAQ

  • What is Sunset and what does Sunset do?

    Sunset helps US-based startups shut down their operations efficiently. They handle legal, tax, and operational tasks, including paperwork, asset liquidation, and capital redistribution to investors, for a fixed fee. We find this especially helpful for venture-backed startups.

  • How does Sunset integrate with other tools?

    Sunset integrates with common business software to streamline the shutdown process. We find this integration crucial for efficiently managing data and minimizing manual effort during a complex period.

  • What the main competitors of Sunset?

    We find that SimpleClosure is the closest alternative, focusing on stress-free startup shutdown services. Clerky also offers some overlapping functionality with automated legal paperwork. Other options like Haven, Eqvista, and AngelList address specific financial and investment aspects of a startup's lifecycle, rather than the shutdown process itself. Warp is irrelevant in this context.

  • Is Sunset legit?

    Sunset appears legitimate. They specialize in helping US startups shut down, handling legal, tax, and operational hurdles. We find their fixed-fee structure and experienced team can be particularly beneficial for venture-backed companies.

  • How much does Sunset cost?

    Sunset's pricing is based on individual client needs and is not publicly available. They offer a custom quote after discussing the specifics of your situation, so reach out to them for a personalized price.

  • Is Sunset customer service good?

    There are no customer service reviews available for Sunset at this time. Therefore, we cannot comment on the quality of their customer service.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.