CaaStle, a fashion startup known for its plus-sized clothing subscription service, is reportedly nearing financial collapse. CEO Christine Hunsicker has resigned as the company grapples with severe monetary issues, and law enforcement is investigating alleged financial misconduct. A leaked board letter revealed the dire situation, and the startup's job board shows no open positions, signaling further trouble. With over $530 million raised since its inception, CaaStle last secured $43 million in 2019. Experts warn that 2025 could see an uptick in startup failures.