In light of the news that Bending Spoons, a Milan-based company that owns WeTransfer and Vimeo, among others, has filed for a US stock market listing, Navina Rajan, senior EMEA private capital analyst at Pitchbook, comments: “Bending Spoons’ decision to list in the US reflects a broader trend among European tech companies seeking greater capital, increased liquidity and a wider investor base familiar with the growth of software and artificial intelligence firms. Although the company is headquartered in Milan, much of its acquisitions and revenue are linked to global consumer internet brands, making a US listing a logical choice. More broadly, the IPO will serve as a further test of the public market’s interest in AI-based consumer software companies. Investors have largely rewarded companies able to demonstrate that AI is a driver of productivity, monetisation and operational leverage, rather than merely a product feature. Given Bending Spoons’ strategy of acquiring, optimising and growing digital platforms, the market’s reception could provide an important signal as to how investors will value consolidation stories in the consumer AI and software sector going forward. For Europe, a successful listing would also reinforce the region’s tech ecosystem’s growing ability to produce companies capable of achieving multi-billion-dollar valuations and access to global capital markets. The flight to US stock exchanges is now commonplace for companies at an advanced stage of development, where the disparity in valuations between the two markets is even more pronounced for artificial intelligence firms. According to PitchBook’s ‘State of European AI’ report, the total potential liquidity generated by just the top 10 AI companies preparing for an IPO in the US would amount to €1.6 trillion, compared to €65.5 billion in Europe.
PitchBook’s valuation estimate for Bending Spoons (see profile here), as at 8 June 2026, stands at €14.04 billion, with a high degree of reliability.
The Milan-based company has issued a statement announcing that it has publicly filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (“SEC”) in connection with a proposed initial public offering of its ordinary shares.
The timing of the offering, the number of shares to be offered and the price range for the offering have not yet been determined. Bending Spoons has filed an application to list its ordinary shares on the Nasdaq Global Select Market under the ticker symbol “BSP”. Goldman Sachs International, J.P. Morgan and Allen & Company LLC are acting as joint lead book-running managers for the offering. Wells Fargo Securities, BofA Securities, Jefferies, Evercore ISI, BNP Paribas, Mizuho, Societe Generale, Crédit Agricole CIB, IMI — Intesa Sanpaolo, UniCredit and Banca Akros – Banco BPM Group are acting as joint book-running managers for the offering.
The offer is subject to market conditions and other factors, including the effectiveness of the registration statement, and there is no guarantee as to whether or when the offer will be launched or completed, nor as to the size, price or other final terms of the offer.
The offer will be made exclusively by means of a prospectus. Copies of the preliminary prospectus relating to the offer may be requested, once available, from:
Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, via phone +1 (866) 471-2526, or via email to [email protected];
J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, via email to [email protected] e [email protected]; oppure
Allen & Company LLC, Attention: Prospectus Department, 711 Fifth Avenue, 9th floor, New York, New York 10022, via phone +1 (212) 339-2220, or via email to [email protected].
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy them be accepted, until the registration statement becomes effective.
The leading companies within the Bending Spoons ecosystem include AOL, Brightcove, Eventbrite, Evernote, Harvest, komoot, Remini, StreamYard, Vimeo and WeTransfer. As of March 2026, the company served more than 500 million monthly active users and more than 9 million monthly paying customers (pictured in the Startupbusiness photo is Bending Spoons’ headquarters in Milan).
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