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Sproutt declares insolvency

Life insurance startup Sproutt See full company profile “> has declared insolvency. Recently, Sproutt submitted a request to the District Court in Tel Aviv to initiate insolvency proceedings due to its inability to pay a debt to an Israeli bank and other suppliers, according to a report by Calcalist. Founded in 2017, Sproutt raised $38…

Oath Pizza declares Chapter 7 bankruptcy

Joanna Fantozzi Oath Pizza — the Boston-based, fast-casual pizza brand —declared Chapter 7 bankruptcy on Oct. 22 and will be liquidating its assets one year after closing all of its corporate locations. The Next Level Pizza-owned small chain estimated that it had under $500,000 in assets, and was up to $50 million in debt. Oath Pizza…