Italian app studio Bending Spoons, which has acquired companies like Eventbrite, Vimeo, and WeTransfer lately, has filed to go public within the U.S. The corporate joins different names like SpaceX and Anthropic which can be making ready to IPO this summer season.
The corporate mentioned it has over 500 million month-to-month energetic customers throughout its apps, with 9 million paying prospects. So far, it has remodeled 50 acquisitions, together with AOL, Eventbrite, Vimeo, Komoot, WeTransfer, Evernote, and Brightcove.
In its submitting with the Securities and Trade Fee, Bending Spoons mentioned it ended the 12 months with $1.31 billion in income and has generated $601 million in Q1, a 132% year-on-year bounce. The corporate will get the vast majority of its income from subscriptions, which account for 84% of its enterprise. It generated $27.4 million in revenue in Q1 2026.
The corporate raised funding at a $11 billion valuation last year, up from $2.8 billion in 2024. In April, Reuters reported that the corporate might search a $20 billion valuation with the IPO.
Funding administration agency Baillie Gifford holds an enormous chunk of the corporate, with different establishments corresponding to Cox Enterprises, Sturdy Capital Companions, and Constancy additionally on the record of backers.
Bending Spoons usually acquires a property whose enterprise will not be in a wholesome state, trims the groups, and pushes it to profitability with completely different sorts of subscription buildings.
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