Bending Spoons Bought Software Firms Airtable and Miro

The firm is scaling via acquisitions, applying AI to streamline operations and reduce costs for software platforms.

Updated on Oct. 10, 2026 in Business Strategy

Bold flat-color editorial illustration of geometric cubes integrating, representing the consolidation of software companies into a unified enterprise.
Bending Spoons has completed the $1.285 billion acquisition of Airtable and agreed to purchase Miro for $1.36 billion to scale its AI-driven software portfolio. AI Illustration. Upload story photo >

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Bending Spoons completed the acquisition of Airtable for an enterprise value of $1.285 billion and agreed to purchase Miro for $1.36 billion in September 2026. These deals follow Bending Spoons' July 2026 Nasdaq IPO, which saw shares gain 31% from their $29 entry price.

Why it matters

Bending Spoons leverages falling software valuations to buy companies that it then restructures using AI-heavy workflows. By automating design and engineering, the firm seeks to improve monetization and operational efficiency in acquired businesses.

Airtable sold for an enterprise value of $1.285 billion against a former valuation of $11 billion, while Miro was acquired for $1.36 billion. Bending Spoons shares have risen 31% since their $29 IPO, bolstered by a business model that uses AI for over 90% of code writing.

The players

Bending Spoons

A Milan-based technology firm that acquires digital businesses and utilizes AI to automate code writing, design, and hiring processes.

Airtable

A cloud collaboration software company that previously raised over $1.4 billion in venture funding.

Miro

A digital whiteboard and collaboration platform recently acquired by Bending Spoons.

Luca Ferrari

The CEO of Bending Spoons who leads the firm's strategy of acquiring software companies at reduced valuations.

The details

Bending Spoons executes a strategy of acquiring established digital businesses and aggressively cutting costs through automation. The firm deploys AI tools to manage product design, evaluate job applicants, and optimize monetization. By replacing traditional engineering resource allocation with AI-driven development, the firm aims to accelerate product updates and reduce overhead for its portfolio companies.

Timeline

  1. January 2026: S&P software and services index began a significant decline.

  2. April 2026: Software sector index losses ceased after a decline of more than 25%.

  3. July 2026: Bending Spoons completed its initial public offering on the Nasdaq.

  4. September 2026: Bending Spoons acquired Airtable and signed the agreement to purchase Miro.

Market Landscape

Bending Spoons' activity follows the 25% decline in the S&P software and services index between January and April 2026. This period of market volatility provided the necessary valuation compression for the firm to execute its acquisition-heavy growth strategy.

Owners should monitor Bending Spoons as a bellwether for how aggressive AI integration can impact product roadmaps in high-collaboration software. Firms in similar sectors should evaluate their own AI-to-code ratios to benchmark against the 90% utilization rate reported by this acquirer.

The takeaway

The firm's reliance on AI for over 90% of code writing highlights a shift toward extreme operational efficiency in software management. Operators should track the long-term customer retention data of Miro and Airtable to determine if this automation-first approach sustains product value.

Further reading

Learn more about organizational growth tactics in our Business Strategy section.

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