Update 5/23 2:55 p.m.: Since Springpad confirmed Friday morning that the company will indeed be stopping its app, other sources have chimed in suggesting that there is a more complicated situation going down. The startup is now thought to be potentially in an acqui-hire deal with Google, reported BetaBoston.
Boston’s personal organization and productivity app Springpad is rumored to be shutting down.
The Verge wrote Thursday evening that the six-year old company is planning to shutter soon, in part because it has “struggled to stand out from similar offerings from Evernote and Pinterest.”
Springpad confirmed the decision Friday morning in a post to the company blog and in a comment below, adding that its shut-down date is June 25.
We are very sorry to let you know that Springpad will be shutting down on June 25th. More about this announcement: https://t.co/o4liUmAW1b
— The Springpad Team (@springpad) May 23, 2014
The app allows people to use its pre-made or customized digital “notebooks” to save tasks, create checklists and write notes.
Springpad brought on a new CEO, Jacqueline Hampton, in August. Hampton was previously an all-star at Time Inc., where she served as Vice President of Corporate Development and helped the media firm acquire a number of international and domestic companies including Golf.com and shopping recommendation engine StyleFeeder.
The company rolled out a few new features in the last year to make Springpad feel more like Pinterest, allowing users to follow friends and influencers and search public posts. In a push to make the user on-boarding process easier and stickier, the startup revealed in March a Notebooks Store, which enables people to search and download notebooks designed by experts. At the time, Springpad claimed that it had over five million users.
The company has raised $7.3 million in funding from Cambridge venture firm Fairhaven Capital Partners, among others.
Springpad hasn’t tweeted since May 1st, but its site remains live. It is unclear when and how the startup will tell its users, but “the move appears imminent,” according The Verge’s sources. The company’s team does, however, plan to build another product.
We have reached out to Springpad for comment and will update when and if possible.
