The IPO has valued Bending Spoons at roughly $18.4bn.

Bending Spoons, the Italian company that owns Vimeo and Eventbrite, is set to debut on the US Nasdaq market today (1 July), after raising $1.68bn in its public listing.

The company sold around 58m shares at $29, above its targeted range of between $26 and $28 per share.

The initial public offering (IPO) valued Bending Spoons at roughly $18.4bn – above the initial expectation of around $17.8bn.

Bending Spoons’ IPO comes at a time when investor attention is largely turned to AI, after SpaceX raised a record $75bn and Anthropic announced its intentions to go public.

OpenAI, which also intended to go public, is now reportedly mulling over delaying its plans, after SpaceX shares dropped sharply following its listing.

SpaceX shares, which were priced at nearly $202 apiece at their peak on 16 June had slumped to around $153 by 26 June. They have since risen to around $171 a share today (1 July).

Founded in 2013, Bending Spoons, led by Matteo Danieli, Luca Ferrari, Francesco Patarnello and Luca Querella, acquires and revamps existing digital businesses.

It’s 50-plus portfolio includes Evernote, WeTransfer, Eventbrite and AOL.

In 2024, the company acquired five businesses for a total of $876m. In 2025, that rose to about $1.9bn for six businesses, while it spent $2bn for just two businesses so far this year.

Bending Spoons said it has around 500m monthly active users across its portfolio of digital products, including more than 9m monthly paying customers.

It made a compound annual growth rate of 84pc between 2023 and 2025, while making more than $600m in the first quarter of 2026.

The Italian company has identified more than 1,000 businesses as potential acquisition targets for the future, it said in a government filing.

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