Benitago Group, an Amazon e-commerce business acquirer, filed for bankruptcy this week. The move comes after the New York-based company raised $380 million in equity and debt in the past two years.
According to the filing, the company sought protection from creditors in the U.S. Bankruptcy Court in Manhattan, listing both assets and liabilities ranging from $50 million to $100 million.
The company was founded by Benedict Dohmen and Santiago Nestares in 2016. TechCrunch initially profiled the company in March 2021 when it raised $55 million in both equity and debt to fund acquisitions of brands built to sell on Amazon’s marketplace.
Later in 2021, the company raised again, this time a whopping $325 million in Series A equity and debt, led by Co …
