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Enterprise SaaS & M&A Source: TechCrunch August 20, 2026

Harvest Time-Tracking Customers Face 1,500% Price Hike Following Bending Spoons Buyout

Harvest Time-Tracking Customers Face 1,500% Price Hike Following Bending Spoons Buyout

Italian technology firm Bending Spoons has sparked intense outrage among software subscribers after pushing massive price increases across newly acquired time-tracking service Harvest. Corporate teams reported receiving renewal notices with subscription cost increases exceeding 1,500% compared to previous tier pricing.

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The drastic price shift follows a consistent playbook executed by Bending Spoons on prior software acquisitions, including Evernote and WeTransfer, where low-margin tiers were aggressively sunset in favor of high-margin enterprise licensing models.

Small businesses and freelance agencies are rushing to migrate historical time data to open-source alternatives like Toggl and Clockify ahead of forced billing cutoffs.