Bending Spoons, the owner of Evernote and Meetup, secures $155M in funding

Bending Spoons, the owner of Evernote and Meetup, secures $155M in funding

Bending Spoons, a Milan-based app developer that acquired Evernote and Meetup in 2023, announced that it has raised $155 million in equity financing from a group of investors led by Tiger Global Management. The funding round values the company at over $2 billion, making it one of the most valuable startups in Europe.

Bending Spoons

Bending Spoons was founded in 2013 by four friends who wanted to create innovative and engaging mobile apps. The company has since grown to over 400 employees and has launched more than 50 apps in various categories, such as fitness, photo editing, music, and productivity. Some of its most popular apps include 30 Day Fitness, Enlight Pixaloop, and Sleep Sounds.

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The company made headlines last year when it acquired Evernote, the note-taking and task management app with over 250 million users, and Meetup, the online platform for organizing and joining local groups, events, and activities. Bending Spoons said that it plans to invest in improving the user experience and adding new features to both apps, as well as integrating them with its own app ecosystem.

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Bending Spoons also said that it will use the new funding to expand its global presence, hire more talent, and explore new opportunities for growth and innovation. The company’s co-founder and CEO, Luca Ferrari, said in a statement: “We are thrilled to partner with Tiger Global and the other investors who share our vision and ambition.

We believe that the future of app development is in creating amazing experiences that delight users and solve their problems. We are excited to continue on this journey and to bring our apps to more people around the world.”

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Source : techcrunch

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