Sunset

Sunset

Guides venture-backed startups through dissolution

Overview

Sunset provides business dissolution consulting aimed at venture-backed tech startups that are winding down. It offers an end-to-end service package including due diligence, legal and accounting support, and assistance with asset sales. The model is fee-for-service, charging clients for the specific services they need. Sunset works by coordinating a team of specialists to manage the dissolution process, helping founders and investors save time and money while handling compliance, asset liquidation, and other closing activities. Distinguishing factors include its specialization in startup shutdowns for venture-backed companies and the integration of legal, financial, and transactional services under one roof to streamline the process. The company’s goal is to help clients wind down operations efficiently, reducing time, effort, and costs associated with dissolution.

About Sunset

Simplify's Rating
Why Sunset is rated
C
Rated C on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Consulting

Venture Capital

Financial Services

Company Size

51-200

Company Stage

Seed

Total Funding

$1.5M

Headquarters

New York City, New York

Founded

2023

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Simplify's Take

What believers are saying

  • TechCrunch reported Sunset raised $1.45 million in February 2024, validating investor demand.
  • Sunset claims hundreds of wind-downs by 2026, signaling repeatable operational execution.
  • Acquire.com referrals create a steady funnel from acquisitions and acqui-hires into shutdowns.

What critics are saying

  • SimpleClosure raised $15 million in May 2025, outspending Sunset on automation.
  • Law firms and accounting firms already own dissolution workflows and client relationships.
  • If shutdown volume stalls, Sunset's referral-led model and narrow niche cap growth.

What makes Sunset unique

  • Sunset specializes in VC-backed startup wind-downs, not generic law-firm closings.
  • Its one-team model bundles attorneys, CPAs, and client success under one fee.
  • Acquire.com partnership targets post-sale stay-behind entities, a narrow and valuable niche.

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Funding

Total Funding

$1.5M

Below

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Below Average

Industry standards

$3.3M
$1.5M
Sunset
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

Gym Membership

Company News

X Corp.
Mar 5th, 2024
Brendan Mahony on Twitter / X

"Sunset announced it has raised $1.45 million in seed funding to make the process of closing a company more affordable, quicker and less complicated."Thanks so much @bayareawriter for the incredible writeup on Sunset's recent fundraise and the ecosystem as a whole.…— Brendan Mahony (@bmaho2211) February 28, 2024

TechCrunch
Feb 27th, 2024
Why VCs are investing in startups that help other startups shut down

Earlier this month, equity management startup Carta revealed that it was getting into the game as well with a new offering called Carta Conclusions.

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