Marissa Mayer Will Close Her Old Ai Startup, Sell Assets To Her New Ai Startup

In Brief

Former Yahoo CEO Marissa Meyer is closing nan doors connected her user package startup Sunshine, and is trading nan company’s assets to her caller AI startup, Dazzle. The news was first reported by Wired, which cited an email sent to Sunshine’s shareholders.

Dazzle is mounting retired to build an AI individual assistant, nan study cited anonymous sources arsenic saying, and added that each of Sunshine’s labor will move to nan caller company.

Almost each of Sunshine’s investors, who see Norwest Venture Partners, Felicis Partners, and SV Angel, person signed disconnected connected nan deal, Wired cited nan sources arsenic saying.

Originally founded successful 2018, Sunshine first launched pinch a subscription app for interaction management, dubbed “Sunshine Contacts.” That merchandise saw small take owed to privateness concerns astir privacy, and beautiful overmuch languished. In 2024, nan work added event guidance and photograph sharing — pinch a touch of AI, of people — but pinch small success. Both apps person been downloaded conscionable complete 1,000 times connected nan Google Play Store.)

The institution had raised astir $20 cardinal successful 2020, and according to Meyer, was mostly self-funded.

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