Airtable — Funding & Company Data
Financial overview and investor data for Airtable.
Founded
2012
Stage
Late stage
Total Raised
$1.35B
HQ
San Francisco, California
Team
501-1000
Model
freemium
Analyst Take
Airtable's funding history demonstrates a clear and aggressive growth trajectory, moving from a modest $3 million seed round in 2015 to a massive $735 million Series F in late 2021. This rapid escalation in funding, with consistently increasing valuations reaching $11 billion, reflects strong investor belief in the low-code/no-code market and Airtable's position within it. The participation of top-tier investors like Thrive Capital, Andreessen Horowitz, and Salesforce Ventures in multiple rounds signals a long-term commitment and provides not just capital, but also strategic validation.
The capital raised, particularly the later-stage rounds, has been explicitly aimed at enterprise adoption. This focus is critical for long-term stability, as enterprise contracts provide a reliable, recurring revenue stream. While the company has experienced layoffs in recent years to realign its focus, it also reported reaching cash flow positivity in late 2024, suggesting a move towards sustainable growth rather than growth at all costs.
From a competitive standpoint, this war chest allows Airtable to aggressively compete with giants like Microsoft and Google, as well as other players in the collaborative work management space like Asana and Monday.com. The funding enables continued investment in product innovation, particularly in AI and automation, which are becoming key differentiators. For a potential user, this financial backing translates to a lower risk of the platform disappearing or ceasing development, a crucial consideration when building business-critical workflows on a third-party tool.
Stability
Airtable appears to be a stable company with a high likelihood of being around in 2+ years. Its substantial funding, achievement of cash flow positivity, and large enterprise customer base, including 80% of the Fortune 100, provide a strong foundation for long-term viability.
Growth
Airtable is in a phase of maturing growth, focusing on sustainable expansion within the enterprise market. While it has undergone recent restructuring, including layoffs, it continues to report significant annual recurring revenue and strong net dollar retention, indicating that existing customers are expanding their use of the platform.
For Buyers
For a potential buyer, Airtable's strong financial backing and focus on the enterprise market reduce the risk of platform instability. The significant capital raised ensures continued product development and support, making it a relatively safe choice for building long-term, critical business applications and workflows.
Funding Timeline
Investors: XN, Franklin Templeton, J.P. Morgan Growth Equity Partners, MSD Capital, Salesforce Ventures, Silver Lake, T. Rowe Price, Benchmark, Caffeinated Capital, Coatue, D1 Capital Partners, Greenoaks, ICONIQ Growth, Thrive Capital
Valuation: $11B
Investors: Greenoaks, WndrCo, Caffeinated Capital, CRV, Thrive Global
Valuation: $5.77B
Investors: Thrive Capital, Benchmark, Coatue, Caffeinated Capital, CRV, D1 Capital Partners
Valuation: $2.5B
Investors: Benchmark, Coatue, CRV, Thrive Capital, Delphine Arnault, Dan Rose
Valuation: $1.1B
Investors: Caffeinated Capital, CRV, Freestyle, Slow Ventures
Investors: CRV, Ashton Kutcher
Investors: Caffeinated Capital, Freestyle Capital, Data Collective, CrunchFund
Notable Investors
Sources
- tracxn.com (vertexaisearch.cloud.google.com)
- tracxn.com (vertexaisearch.cloud.google.com)
- wikipedia.org (vertexaisearch.cloud.google.com)
- airtable.com (vertexaisearch.cloud.google.com)
- tsginvest.com (vertexaisearch.cloud.google.com)
- sqmagazine.co.uk (vertexaisearch.cloud.google.com)
- airtable.com (vertexaisearch.cloud.google.com)