Airtable

Airtable — Funding & Company Data

Financial overview and investor data for Airtable.

High confidence data Last verified 4 months ago

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

Series F $735M December 2021

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

Series E $270M March 2021

Investors: Greenoaks, WndrCo, Caffeinated Capital, CRV, Thrive Global

Valuation: $5.77B

Series D $185M September 2020

Investors: Thrive Capital, Benchmark, Coatue, Caffeinated Capital, CRV, D1 Capital Partners

Valuation: $2.5B

Series C $100M November 2018

Investors: Benchmark, Coatue, CRV, Thrive Capital, Delphine Arnault, Dan Rose

Valuation: $1.1B

Series B $52M March 2018

Investors: Caffeinated Capital, CRV, Freestyle, Slow Ventures

Series A $7.6M June 2015

Investors: CRV, Ashton Kutcher

Seed $3M February 2015

Investors: Caffeinated Capital, Freestyle Capital, Data Collective, CrunchFund

Notable Investors

Thrive Capital CRV Benchmark Coatue Caffeinated Capital Greenoaks XN Salesforce Ventures

Sources

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