Made Renovation, a venture-backed home remodeling startup based in Walnut Creek, California, has shut down in October 2023 after failing to deliver on its promises to customers. The company, which had raised $31 million, faced widespread complaints of broken promises, severe delays, and cost overruns on bathroom renovation projects. Following these operational failures, the company informed shareholders it was closing and selling its assets. While the exact number of layoffs wasn't specified, the shutdown implies the entire workforce was let go as the business was unwound. The company operated in the proptech/renovation industry, serving as a one-stop shop for homeowners before its collapse.
