Bending Spoons Secures $1.68B in Major IPO, Valuing Vimeo Parent at $18.4B

WHO:

Techmeme - Bending Spoons SpA, a company that acquires struggling software businesses, and its backers.

WHAT:

Techmeme - Bending Spoons closed up 40% in its US market debut, finishing at $40.50 per share, which resulted in a valuation of $25.7 billion.

Fast Company - Bending Spoons' IPO is noted as a relatively rare occurrence for a software company in 2026, amidst a year dominated by AI and hardware firms going public.

Fast Company - Bending Spoons' IPO was priced at $29.00 per share, which was higher than the initially expected range of $26.00 to $28.00 per share.

Fast Company - The IPO raised approximately $1 billion from the sale of about 34.4 million shares directly by Bending Spoons, while private sellers raised about $680 million from their shares.

Fast Company - Bending Spoons was founded 13 years ago in 2013.

Fast Company - As of March 2026, Bending Spoons has over 500 million monthly active users across its portfolio of companies and more than 9 million monthly paying subscribers.

Fast Company - Bending Spoons owns several prominent software brands, including Evernote (acquired in 2023), Meetup (2024), WeTransfer (2024), Brightcove (2025), Vimeo (2025), AOL (2026), and Eventbrite (2026).

Techmeme - Bending Spoons raised $1.68 billion by selling 58 million shares at $29 each.

Bloomberg Markets - The IPO was priced above a marketed range.

Techmeme - The valuation of Bending Spoons is approximately $18.4 billion.

Bloomberg Markets - This IPO is one of the largest in the US by a European company in 2026.

WHERE:

Fast Company - Bending Spoons is currently based in Milan, Italy.

Techmeme - The IPO took place in the United States.

WHEN:

Techmeme - The IPO occurred in 2026.

WHY:

Bloomberg Markets - Bending Spoons focuses on acquiring struggling software businesses, which may indicate a strategy to expand its portfolio and market presence.

HOW:

Deadline - The IPO raised about $1.68 billion, with shares rising 40% on the Nasdaq.

Fast Company - Bending Spoons aims to improve the profitability of the software companies it acquires using its software engineering expertise, rather than flipping them for profit.

Fast Company - A total of 57,971,015 ordinary shares were made available in the IPO, with 34,398,640 shares offered directly by Bending Spoons and 23,572,375 shares offered by existing private shareholders.

Fast Company - Bending Spoons' IPO shares will trade under the stock ticker “BSP” on the Nasdaq Global Select Market.

Fast Company - Bending Spoons received proceeds from the sale of approximately 34.4 million shares, raising about $1 billion, while private sellers raised about $680 million from their shares.

Techmeme - The company raised funds through an initial public offering (IPO) by selling shares.

(UPDATED July 2, 2026 01:38 UTC)

Bending Spoons made a strong entrance into the US market, closing up 40% at $40.50 per share, which brought its valuation to an impressive $25.7 billion. The company's initial public offering raised approximately $1.68 billion, with shares soaring on the Nasdaq. This successful debut marks a significant milestone for Bending Spoons in the tech industry.

(UPDATED July 1, 2026 23:22 UTC)

Bending Spoons is making headlines with its initial public offering, a notable event for a software company in 2026, especially in a year where AI and hardware firms have been leading the way in going public. Based in Milan, Italy, Bending Spoons is focused on enhancing the profitability of the software companies it acquires by leveraging its engineering expertise rather than simply flipping them for quick profits. This approach sets them apart in a competitive market, highlighting their commitment to long-term growth and innovation.

(UPDATED July 1, 2026 19:35 UTC)

Bending Spoons has successfully launched its initial public offering, pricing shares at $29.00 each, exceeding the expected range of $26.00 to $28.00. The IPO raised around $1 billion from the sale of approximately 34.4 million shares directly from the company, while private sellers contributed about $680 million from their shares. In total, 57,971,015 ordinary shares were made available, with 34,398,640 offered directly by Bending Spoons and 23,572,375 from existing private shareholders.

(UPDATED July 1, 2026 15:53 UTC)

Bending Spoons, a company founded 13 years ago, is making headlines with its upcoming IPO, which will trade under the ticker "BSP" on the Nasdaq Global Select Market. As of March 2026, the company boasts over 500 million monthly active users and has made significant acquisitions, including Evernote, Meetup, and Vimeo. In this IPO, a total of nearly 58 million shares are being offered, with Bending Spoons raising approximately $1 billion from the sale of its shares while private sellers brought in about $680 million.

(UPDATED July 1, 2026 04:24 UTC)

Bending Spoons, a company known for acquiring struggling software businesses, has successfully raised $1.68 billion through an initial public offering in the United States by selling 58 million shares at $29 each, pricing the IPO above the marketed range. This significant move has led to a valuation of approximately $18.4 billion, marking it as one of the largest IPOs in the U.S. by a European company in 2026. The strategy behind this IPO appears to be a focused effort to expand its portfolio and market presence.