What Happened to Felvin? How a Promising No-Code AI App Platform Quietly Disappeared

Have you ever stumbled across a tech startup that seemed destined for greatness—only to see it vanish without a trace? That’s more or less what happened with Felvin, a once-promising no-code AI platform that aimed to make AI app creation as easy as drag-and-drop.

Despite early enthusiasm, buzzwords like “Generative AI” on its LinkedIn, and a growing ecosystem of user-generated apps, Felvin.com is now inaccessible. There’s been no update from the company since late 2022. And if you're trying to find out what happened to this startup dubbed “Wix for AI apps”? You're not alone.

Let’s dive into the story behind Felvin's rapid rise and silent fall—and what other startups (and founders) can learn from it.

What Was Felvin?

Felvin was a no-code platform designed to let users—especially non-programmers—build, publish, and monetize AI applications. Imagine being a small business owner or a curious hobbyist and wanting to spin up your own AI-powered chatbot, document summarizer, or meme generator—Felvin aimed to make that as easy as clicking a few buttons.

Key Facts:

• Founded: Roughly between 2021–2022
• Founder & CEO: Sarthak Goel (also known for founding inVOID, an ID verification SaaS startup)
• Headquarters: Based in New York
• Funding Raised: $350,000 in an angel round in December 2022
• Tagline: "One Search to rule them all" (a playful spin on its universal search tool for AI apps)

Felvin tried to democratize access to AI by targeting users who lacked coding skills. Its platform featured:

• A no-code AI app builder
• A marketplace (app gallery) of user-created AI apps
• A monetization layer so creators could earn from their AI tools

For a time, it looked like Felvin could ride the tidal wave of generative AI adoption. But after a brief flash of activity in 2022, it went eerily silent—and the domain felvin.com is now offline.

Why Did Felvin Fail?

Short Answer:

Felvin likely ran out of cash and wasn't able to gain enough traction in a competitive, fast-evolving AI landscape.

Long Answer:

Several interconnected factors contributed to Felvin’s downfall. Let’s break them down.

1. Market Fit & Product Challenges

Even though Felvin was riding the AI wave, its idea—while innovative—might have been a bit too early or simply too broad.

• It catered to non-technical users, but AI app creation still requires some technical understanding.
• It had the right idea (make AI accessible), but execution might have been too shallow or buggy. Few users seemed to stick around after initial trials.

Plus, the product wasn’t differentiated enough compared to larger platforms already pushing similar no-code functionality.

2. Revenue & Monetization Woes

Felvin promised creators the ability to monetize apps, but there’s little evidence this turned into significant revenue—for the creators or the company.

• No clear monthly user data or revenue stats were ever disclosed.
• Running an AI back-end isn't cheap. Without steady income or more funding, this model quickly becomes unsustainable.

3. High Competition in the AI and No-Code Space

Felvin didn’t operate in a vacuum.

• Competitors like Bubble, Adalo, and Glide had already built no-code ecosystems.
• Emerging startups like Poe (by Quora) and industry behemoths like OpenAI were opening platforms for AI agents with APIs, plugins, and assistant builders.

Users likely chose bigger platforms with more reliable infrastructures, better marketing, or community support.

4. Leadership Changes and Strategic Pivot

By mid-2023, Sarthak Goel's name had reappeared—not at Felvin, but leading inVOID, a separate SaaS startup for identity verification.

That silent handover of focus might signal:

• Felvin became a side project or was quietly sunset
• Leadership realized the business wasn’t working and shifted priorities

Without strong stewardship, startups often lack the pivoting power needed to survive early turbulence.

5. Funding & Burn Rate

Felvin raised only one identifiable funding round—an angel injection of $350,000 in December 2022.

That sounds reasonable for pre-seed stages, but:

• The burn rate for AI infrastructure (servers, APIs, dev costs) is notoriously high.
• The startup sector saw a major cool-off in late 2022–2023, making follow-on funding harder.

Without more capital, Felvin was stuck between needing users to get investors, and needing investors to get users.

6. Timing, Trends & Economic Conditions

Timing is everything in a startup's life.

• The AI hype cycle peaked in early 2023. But by late 2023, users became more sophisticate—they expected more polished tools, not MVP-level platforms.
• Post-2022, startup funds dried up, and investors became more risk-averse.
• AI laws and regulatory scrutiny started rising, though there's no evidence Felvin faced compliance issues specifically.

Felvin might have just been caught in the wrong phase of the hype curve.

Felvin vs. the Winners: Why Did Others Survive?

Compare Felvin to Bubble, a successful no-code platform that’s still active:

• Focused Feature Set: Bubble doesn’t try to do everything. It transitioned from MVP builder to robust SaaS support.
• Longer Runway & Support: Backed by bigger VC rounds, Bubble had time to course-correct.
• Community & Ecosystem: Bubble prioritized tutorials, plugins, and creator outreach. Felvin’s presence? Minimal by comparison.

For AI-specific platforms, Poe by Quora offers a compelling comparison:

• Born within an established company (Quora)
• Integrated multiple AI models (Claude, GPT, etc.)
• Leveraged massive user base and full-stack development capabilities

In short, others had deeper pockets, clearer vision, and more scalable growth models.

Final Thoughts: Lessons from Felvin’s Quiet Exit

Felvin had potential. Its vision—to put generative AI tools in the hands of everyone—was timely and compelling. But like many early-stage startups, its ambition outpaced its resources.

The big lesson? An innovative idea isn't enough. Without traction, funding, distinct niche, and relentless execution, even strong concepts fade out. Felvin seems to have joined the graveyard of well-intentioned tech startups that just couldn’t break into the mainstream fast enough.

Still, Felvin’s story may influence future platforms trying to mainstream AI tooling. Every failure builds the foundation for someone else's success.

FAQ: Felvin, in Summary

Who founded Felvin?
Felvin was founded by Sarthak Goel, who is also known for starting inVOID, an identity verification platform.

When did Felvin launch?
Felvin emerged in the tech ecosystem around 2021–2022 and became publicly visible in 2022.

When did Felvin shut down?
The company likely ceased operations sometime between late 2023 and early 2025. As of March 2025, felvin.com is no longer accessible.

How much funding did Felvin raise?
Felvin received an angel investment of $350,000 in December 2022, with no follow-up rounds reported.

Why did Felvin fail?
Mainly due to financial difficulties, high competition, limited user traction, and a failure to secure additional funding to scale.

Is Felvin coming back?
There’s no indication of a reboot or acquisition. The CEO has since focused on other ventures.

Felvin may be offline, but for tech historians and startup enthusiasts, its brief story still offers a case study in how even buzzy ideas can fade without strategic execution and sustained backing.