Airtable

What does Airtable own?
Airtable operates a single cloud-based platform that combines spreadsheet and database functionality for workflow management. The company does not own multiple brands or subsidiaries. Airtable's product is its platform, which serves over 500,000 organizations including approximately 80% of the Fortune 100. The company generates revenue through subscription fees for its platform.

Is Airtable publicly traded?
No, Airtable is a privately held company. However, Bending Spoons S.p.A. (NASDAQ: BSP) announced a definitive agreement on August 4, 2026 to acquire Airtable for $1.285 billion in cash. The transaction is subject to regulatory approvals and customary closing conditions. Until the transaction closes, Airtable continues to operate independently as a private company.

Who founded Airtable?
Airtable was founded in 2012 by Howie Liu, Andrew Ofstad, and Emmett Nicholas in San Francisco. Liu developed the concept for a tool combining the simplicity of spreadsheets with the power of relational databases. He has served as CEO since the company's founding and continues to lead Airtable's strategic direction.

Where is Airtable headquartered?
Airtable is headquartered in San Francisco, California, USA. The company serves a global customer base of over 500,000 organizations. Airtable's platform is available worldwide through its cloud-based delivery model.

How many brands does Airtable own?
Airtable operates under a single brand. The company has not pursued a multi-brand acquisition strategy. Airtable's focus has been on expanding the capabilities of its core platform rather than acquiring additional brands or companies.

Who owns Airtable?
Airtable is owned by its founders, employees with equity compensation, and venture capital investors. Major investors include XN, Greenoaks Capital, Thrive Capital, Silver Lake, Iconiq, Salesforce Ventures, and T. Rowe Price. Bending Spoons has agreed to acquire 100% of Airtable's shares for $1.285 billion in cash, with the transaction expected to close later in 2026.

What is Airtable's revenue?
Airtable reported approximately $480 million in annual recurring revenue as of June 2026, growing over 20% year over year. The company has raised more than $1.4 billion in venture capital funding since its founding. Bending Spoons valued Airtable at an enterprise value of $1.285 billion, approximately 2.7 times its reported ARR.

Has Airtable made any recent acquisitions?
Airtable has not made significant acquisitions in recent years. The company has focused on expanding its core platform through internal product development. In 2025, Airtable launched an AI agent platform for building automated workflows. The company's most significant corporate event is its pending acquisition by Bending Spoons, announced in August 2026.

Airtable was founded in 2012 by Howie Liu, Andrew Ofstad, and Emmett Nicholas in San Francisco. Liu, a former engineer at CrowdCast, developed the concept for a tool that would combine the simplicity of spreadsheets with the power of relational databases. The founders aimed to democratize database creation by making it accessible to non-technical users.

The company launched its first product in 2014 after two years of development. The initial platform allowed users to create and share relational databases with a spreadsheet-like interface. Early adoption came from creative agencies, media companies, and technology startups that needed flexible project management tools.

Airtable raised its first significant funding in 2015, including a Series A round. The company gained traction through 2016 and 2017 as the low-code and no-code movement gained momentum. Airtable's visual interface and template library made it popular with marketing teams, product managers, and operations groups who needed custom workflow tools without engineering resources.

In 2018, Airtable raised a Series B round, and in 2019, a Series C round brought the total funding to approximately $170 million. The company used this capital to expand its platform capabilities, adding automation features, integrations with third-party tools, and enterprise-grade security and compliance features.

The COVID-19 pandemic in 2020 accelerated demand for cloud-based collaboration tools. Airtable benefited from this trend as remote teams adopted its platform for distributed workflow management. In late 2020, the company raised a $185 million Series D round led by Thrive Capital at a $2.4 billion pre-money valuation.

Funding accelerated further in 2021. Airtable raised $270 million in a round led by Greenoaks Capital at a $5.5 billion pre-money valuation, followed months later by a $735 million Series F round led by XN at an $11 billion pre-money valuation. The Series F brought Airtable's total funding to more than $1.4 billion and its post-money valuation to approximately $11.7 billion, making it one of the most highly valued private software companies at the time.

In 2025, Airtable launched an AI agent platform that enables users to build automated workflows using natural language instructions. The company also expanded its enterprise features, targeting larger organizations with advanced security, compliance, and governance requirements.

On August 4, 2026, Bending Spoons announced its agreement to acquire Airtable for $1.285 billion in cash. The implied equity value of approximately $2.25 billion represents a significant decline from the 2021 peak valuation of $11.7 billion, reflecting the broader contraction in software company valuations since the peak of the venture capital boom. The acquisition is expected to close later in 2026, subject to regulatory approvals.

Airtable's most notable public scrutiny relates to its valuation decline. The company's implied equity value of approximately $2.25 billion in the August 2026 acquisition by Bending Spoons represents a decline of approximately 81% from its December 2021 post-money valuation of $11.735 billion. This decline resulted in significant losses for venture capital investors who participated in the 2021 funding rounds.

The Series F round in December 2021 raised $735 million at an $11 billion pre-money valuation, with participation from XN, Silver Lake, Iconiq, Salesforce Ventures, and T. Rowe Price. Earlier in 2021, Airtable raised $270 million led by Greenoaks Capital at a $5.5 billion pre-money valuation. Investors in these later rounds faced the steepest losses, as the acquisition price fell well below the valuations at which they invested.

The valuation decline is part of a broader trend in the software sector, often referred to as the "SaaSpocalypse," where companies that raised at peak valuations in 2020 and 2021 have subsequently been acquired or raised capital at significantly lower valuations. Airtable's situation is notable given the scale of the decline and the prominence of its investor base.

No regulatory controversies, legal proceedings, or product safety issues have been publicly documented for Airtable. The pending acquisition by Bending Spoons is subject to regulatory approvals, which are standard for transactions of this size.