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Luca Ferrari, Francesco Patarnello, and Matteo Danieli worked on an unsuccessful venture-funded product startup called Evertale. They were left with $40,000, which became the seed capital for Bending Spoons in June 2013, also founded in Copenhagen. The company name was inspired by a scene from the science fiction movie The Matrix. The company moved to Milan in 2014.
On 17 April 2020, the Italian government released a statement on its website announcing that Bending Spoons had been selected to design and develop Italy's official COVID-19 contact tracing app, Immuni. The app was released on 1 June 2020. Immuni was later decommissioned on December 31, 2022.
In 2025, the company received 800,000 job applications and made 286 hires.
In April 2026, it was revealed that Bending Spoons had picked banks to organize a potential $20 billion U.S. initial public offering in 2026. On June 8, the company filed a Form F-1 with the SEC to list on Nasdaq 's Global Select Market under the ticker symbol BSP, targeting a valuation of approximately $20 billion and seeking to raise $1.5 billion. The filing disclosed revenue of $1.31 billion for full-year 2025 and $601 million for the first quarter of 2026, compared with $259 million in the same period a year earlier. Bending Spoons' shares opened for trading on July 1. The company raised $1.68 billion, pricing shares at $29.00. During its first day of trading, the stock surged nearly 40% to close at $40.50 per share. The listing follows a growth strategy focused on acquiring and restructuring over 50 legacy digital brands, including AOL, Evernote and WeTransfer.