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Bending Spoons secured $155M in equity funding led by Durable Capital Partners to expand its portfolio and influence in the tech market.

Mar 07, 2024almost 2 years ago

Amount Raised

$155 Million

MilanInformation Technology

Investors

Star TipNuo CapitalNb RenaissanceCox EnterprisesBaillie GiffordDurable Capital Partners

Description

Bending Spoons, the owner of Evernote and Meetup, raised $155 million in a new equity financing round, led by Durable Capital Partners, with continued support from existing investors including Baillie Gifford, Cox Enterprises, NB Renaissance, NUO Capital, and StarTIP. The funding will be used to acquire more brands and expand Bending Spoons’ portfolio and influence in the tech market.

Company Information

Company

Bending Spoons

Location

Via Nino Bonnet 10

Milan, Lombardy, Italy

About

Bending Spoons is a global technology company that owns and operates leading digital products—including Evernote, komoot, Meetup, Remini, StreamYard, and WeTransfer—and develops the technology behind them, serving nearly a billion people worldwide while continuing its drive toward building an all-time great company.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech