
TL;DR
Harvest, an invoicing software, has raised its prices by up to 1500% following its acquisition by Bending Spoons, sparking outrage among users.
✦ Why It Matters
Evaluate your current invoicing software and consider alternatives to avoid unexpected price hikes.
Key Takeaways
Full Summary
Harvest, a popular invoicing and timesheet tracking app, has implemented a drastic price increase of up to 1500% following its acquisition by Bending Spoons in 2025. Previously, businesses paid a flat monthly fee per user, but the new pricing model charges based on the number of active projects, clients, and tasks, as well as invoiced revenue.
Richard Haldenby, a long-time user, saw his monthly bill soar from $130 to $2,110, prompting him to consider switching to a less expensive alternative. Critics, including pricing strategy experts, have condemned the lack of transparency in the new pricing structure, which leaves customers unaware of potential costs until they receive their bills.
This shift in strategy from growth to monetization reflects Bending Spoons' history of raising prices after acquisitions, as seen with other companies like Evernote and Vimeo.
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