Logo of Sunset

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 streamlines the complicated process of shutting down a US-based startup. They handle legal, tax, and operational requirements, aiming to complete the process in 4-8 weeks. This includes tax filings, legal paperwork, state withdrawals, vendor negotiations, asset liquidation, and capital redistribution to investors. Sunset offers a fixed-fee service, customized to individual company needs, integrating with existing HR, banking, and accounting systems. Their focus is simplifying a traditionally complex process for founders so they can move on to their next venture.


Who is using Sunset?


Who is Sunset best for

Sunset simplifies startup shutdown, handling legal, tax, and operational hurdles in 4-8 weeks. This includes tax filings, legal paperwork, vendor negotiations, and asset liquidation. Sunset offers a fixed-fee service customized to each company's needs.

  • Ideal for small businesses (1-100 employees), especially venture-backed startups.

  • Designed for US-based startups across all industries.


Sunset features

Supported

Sunset prepares and files all necessary state and federal tax returns, ensuring compliance and meeting deadlines.

Supported

Sunset provides direct legal counsel, ensuring all legal processes are handled correctly.

Supported

Sunset handles all state withdrawals, including Department of Revenue, Labor, Secretary of State, and Registered Agents.

Supported

Sunset assists in negotiating with vendors to settle contracts and debt obligations.

Supported

Sunset manages the liquidation of non-cash assets through sales or auctions.

Supported

Sunset manages capital redistribution to investors according to investment agreements.

Supported

Sunset integrates with existing systems to gain a holistic view of company operations.


Sunset pricing

See the Sunset pricing page.


Sunset alternatives

  • Logo of SimpleClosure
    SimpleClosure
    Stress-free startup shutdown: legal, filings, compliance handled simply.
    Read more
  • Logo of Clerky
    Clerky
    Automated legal paperwork for startups, saving time and money.
    Read more
  • Logo of Haven
    Haven
    Startup accounting, taxes, and financial insights for growth.
    Read more
  • Logo of Fondo
    Fondo
    Automated bookkeeping and tax filing for US startups, maximizing refunds.
    Read more
  • Logo of Eqvista
    Eqvista
    Manage equity, track shares, and simplify valuations.
    Read more
  • Logo of Central
    Central
    Automated payroll, benefits, and compliance for startups.
    Read more

Sunset FAQ

  • What is Sunset and what does Sunset do?

    Sunset simplifies the shutdown process for US-based startups, handling legal, tax, and operational aspects within 4-8 weeks. They manage tax filings, legal paperwork, vendor negotiations, asset liquidation, and capital redistribution, offering a fixed-fee service customized to each company's needs.

  • How does Sunset integrate with other tools?

    Sunset integrates with existing HR, banking, and accounting systems to gain a holistic view of company operations for streamlined shutdown procedures. This integration allows for efficient data transfer and simplifies the process of asset liquidation and capital redistribution.

  • What the main competitors of Sunset?

    Alternatives to Sunset include The Startup CFO for outsourced financial services, Inkle for cloud-based accounting and CPA services, and StartupTools for legal and administrative task management. While these address some similar needs, none specifically focus on the startup shutdown process like Sunset.

  • Is Sunset legit?

    Sunset appears legitimate, offering a specialized service for US-based startups looking to shut down efficiently and safely. They handle the legal, tax, and operational complexities, aiming for a 4-8 week turnaround. However, user reviews and ratings are currently unavailable.

  • How much does Sunset cost?

    Sunset's pricing is customized and depends on several factors like the number of registered states and outstanding debt. Contact Sunset for a personalized quote to determine if the product is worth the cost for your startup wind-down needs. There is no free trial or free plan available.

  • Is Sunset customer service good?

    There is no customer service information available for Sunset.


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.

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