Rising Bankruptcy Trends in Technology
The U.S. technology sector is facing escalating bankruptcies, impacting supply chains and innovation. BKWire’s daily filings and creditor data help you stay proactive
How BKwire Protects the Technology Supply Chain
Vendors
Spot vulnerable partners early via daily bankruptcy alerts and creditor exposure data, preventing losses from disrupted software flows.
Providers
Track filings across the network to secure tech sourcing, enabling swift pivots to alternative vendors and minimizing downtime.
Enterprises
Ensure service continuity with real-time insights into upstream bankruptcies, protecting just-in-time integrations and commitments.
Tech bankruptcies can rapidly damage the supply chain
Service halts, broken integrations, and frozen contracts cascade across enterprises, including partners and vendors. Hence, both customers and investors face mounting costs, and timelines for innovation grind down.
BKwire highlights pressure points before outages spread
BKwire shares bankruptcy insights every single day to signal counterparty weakness with actionable data. With this lead time, it becomes possible to rethink exposure and safeguard operational uptime.
BKwire highlights pressure points before outages spread
BKwire shares bankruptcy insights every single day to signal counterparty weakness with actionable data. With this lead time, it becomes possible to rethink exposure and safeguard operational uptime.
BKwire Technology Bankruptcy Filings 2023-2025
2023
Number of Filings
Post-pandemic recovery strains; software and telecom services hardest hit.
2024
Number of Filings
30% above 2019-2022 average; ad tech and fiber networks prominent.
2025 (YTD)
Number of Filings
UCaaS and network providers doubled; largescale restructurings dominate.
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Recent Technology Bankruptcies
Mitel (March 2025)
Bankrupt
Ottawa-based UC provider filed Chapter 11 in Texas to shed $1.15B debt, reemerged in June under new lenders, with brief partner payment delays but uninterrupted hybrid cloud services.
Marin Software Incorporated (July 2025)
Bankrupt
San Francisco ad tech firm filed Chapter 11 in Delaware after revenue fell to $20M, sold to ESW Capital, canceled shares, and disrupted PPC campaigns for 1,000+ clients following Nasdaq delisting.
Everstream (May 2025)
Bankrupt
Cleveland fiber network operator filed Chapter 11 in Texas with $1B+ debt, sold to Bluebird Fiber for $385M, kept 90% of staff, but wound down PA operations, impacting enterprise bandwidth continuity.
Recent Medical Bankruptcies
NES Health
Bankrupt
Filed for Chapter 7, leading to liquidation after failing to pay emergency physicians, leaving hospitals understaffed and doctors without malpractice coverage.
Why the Technology Industry Needs BKwire Bankruptcy Monitoring
Risk mapping
Identify hidden fragilities in sub-elements like AI chains early
Value unlocking
Recognize acquisition and alliance opportunities in downturns
Insight loop
Sync with Watchlist alerts to maintain daily zone awareness
Use Bankruptcy Warnings to Secure Your Business
Don’t let your business be affected by tech-related insolvencies.