IPO Details: Bending Spoons, the Milan‑based digital‑applications group that owns Vimeo, Evernote and AOL, filed a registration statement with the U.S. SEC for an initial public offering on the Nasdaq Global Select Market under the ticker “BSP”. Lead managers are Goldman Sachs Group Inc., JPMorgan Chase & Co., and Allen & Co.
Financial Performance Q1 2026: Reported net income of $27.5 million on revenue of $601 million for the first quarter of 2026, a turnaround from a net loss of $112 million on revenue of $259 million in the comparable quarter of 2025.
User Metrics: Monthly active users (MAU) reached 500 million in March 2026, up from 111 million in December 2023. Monthly paying customers grew to 9 million, three times the 3 million recorded in December 2023.
Valuation & Funding History: In 2025 the company was valued at approximately $14.5 billion following a financing round that raised $270 million of primary capital, $440 million of secondary capital, and included a $2.8 billion debt package (PitchBook data).
Portfolio Overview: Bending Spoons’ acquisition strategy includes platforms such as WeTransfer, Evernote, Vimeo, AI photo enhancer Remini, meetup service Meetup, and events marketplace Eventbrite. A large share of revenue is derived from recurring subscription fees.
Company Background: Founded in 2013, Bending Spoons operates by acquiring and revamping established digital firms; the company name references the spoon‑bending concept from the 1990s film The Matrix.
