Italian app company Bending Spoons, which owns or operates services including AOL and Vimeo, files for an initial public offering on Nasdaq in the United States, according to reporting referenced by multiple outlets. The filing is made with the U.S. Securities and Exchange Commission. Sources describe Bending Spoons as an app and subscription-focused group that has expanded through acquisitions, including Eventbrite, WeTransfer, Evernote, and others. The company reports that the majority of its revenue comes from subscriptions, which it says account for about 84% of its business. Revenue figures cited in the coverage include $1.31 billion for the most recent year-end period mentioned, and $601 million generated in Q1, representing a 132% year-on-year increase. Profitability figures reported include $27.4 million profit in Q1 2026. One outlet also notes that the company’s fundraising last year valued it at $11 billion, up from $2.8 billion in 2024. Reuters reporting referenced in the coverage indicates the IPO could target a valuation around $20 billion, though details of the offering terms are not included in the excerpts provided.
Bending Spoons files for Nasdaq IPO after growth across subscription apps including AOL and Vimeo
Italian app company Bending Spoons, which owns or operates services including AOL and Vimeo, files for an initial public offering on Nasdaq in the United States, according to reporting referenced by m...
- Bending Spoons files with the U.S. SEC for a Nasdaq IPO.
- The company is associated with AOL and Vimeo, among other app services.
- Revenue is predominantly subscription-based, with subscriptions described as about 84% of revenue.
- Reported performance includes $1.31 billion revenue (year-end figure cited) and $601 million revenue in Q1 with 132% year-on-year growth.
- Coverage cites Q1 2026 profit of $27.4 million and a prior fundraising valuation of $11 billion.
Bending Spoons, the Italian app studio behind acquisitions like Eventbrite, Vimeo, WeTransfer, Evernote, and AOL, has filed to go public in the U.S. after growing into a subscription-heavy app conglomerate with more than 500 million monthly active users. TechCrunch reports: In its filing with the Securities and Exchange Commission, Bending Spoons said it ended the year with $1.31 billion in revenue and has generated $601 million in Q1, a 132% year-on-year jump. The company gets the majority of its revenue from subscriptions, which account for 84% of its business. It generated $27.4 million in profit in Q1 2026. The company raised funding at an $11 billion valuation last year, up from $2.8 billion in 2024. In April, Reuters reported that the company could seek a $20 billion valuation with the IPO. Read more of this story at Slashdot.
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