23 December, 2025
koombea-inc-files-for-chapter-11-bankruptcy-to-restructure

Koombea Inc., a digital product development firm based in Naples, Florida, has filed for Chapter 11 bankruptcy protection as part of a strategy to restructure its business. The company submitted a voluntary petition to the U.S. Bankruptcy Court for the Middle District of Florida on December 22, 2025, with operations continuing as usual during the court-supervised process.

Details of the Bankruptcy Filing

The official filing indicates that Koombea Inc. is proceeding as a ‘small business debtor’ under Subchapter V, aiming for a cost-effective reorganization. The petition was signed by the company’s president, Jonathan Tarud, and is being legally represented by attorney Michael Dal Lago of Dal Lago Law. The case is under the supervision of Judge Luis Ernesto Rivera II.

Key details from the filing include:

– **Filing Date**: December 22, 2025
– **Court and Jurisdiction**: U.S. Bankruptcy Court for the Middle District of Florida
– **Type of Filing**: Active, Voluntary Petition, Subchapter V
– **Chapter**: 11
– **Case Number**: 2:25-bk-02556-FMR
– **Estimated Assets**: $500,001 – $1 million
– **Estimated Liabilities**: $1,000,001 – $10 million
– **Reason for Filing**: Reorganization of business under court supervision

The filing reveals that Koombea Inc. currently owes about 49 unsecured creditors, and the Chapter 11 process will allow the company to generate funds to repay these debts. A significant imbalance between the firm’s assets and liabilities is expected to be a central focus of its reorganization plan.

Company Background and Services

Founded in 2007, Koombea Inc. specializes in custom software and artificial intelligence (AI) development for mobile and web applications. The firm has a diverse portfolio, having developed over 1,000 applications, with some being acquired by major corporations such as Google, Facebook, and Skype.

Koombea employs custom Agile development methodologies and serves various industries, including FinTech, retail, MedTech, and EdTech. Their services encompass project-based development, software maintenance, staff augmentation, and managed services. Notable products developed by Koombea include tools like SaaSler, Dashable, and Covergely.

In recognition of its workplace culture, Koombea Inc. was named one of the ‘Best Workplaces for 2024’ by Inc. magazine, highlighting its commitment to employee engagement and satisfaction.

As Koombea Inc. embarks on this restructuring journey, the outcome will depend on the successful implementation of its Subchapter V reorganization plan and its ability to address the financial challenges ahead.