# Airtable

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/airtable

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.airtable.com
- Total disclosed funding: $1.4B
- Latest round: Series F (Dec 13, 2021)
- Investors on record: 23

## About

Founded in 2013 by Andrew Ofstad, and based in San Francisco, CA, Formagrid Inc, doing business as Airtable offers a no-code application-building platform that helps organizations streamline workflows and enhance collaboration through its AI-driven tools and customizable applications. Founded in 2013 by Andrew Ofstad, and based in San Francisco, CA, Formagrid Inc, doing business as Airtable offers a no-code application-building platform that helps organizations streamline workflows and enhance collaboration through its AI-driven tools and customizable applications. Airtable has raised a total of USD 1.35 billion across 8 rounds of funding, with the most recent deal being 2021 Series F funding led by XN Ventures, with participation from prominent investors including Franklin Templeton and Salesforce Ventures in which the company raised USD 735 million. As of the latter deal, Airtable is valued at USD 10.58 billion. Airtable, the flagship product of Formagrid, Inc., provides an advanced no-code application-building platform designed for enterprises to create customized apps. The core offering, known as Omni, functions as an AI collaborator to transform complex data into user-friendly interfaces and automations. The platform is widely used across industries to streamline workflows, manage project data, and enhance team collaboration. It features tools for automation, custom interfaces, and AI agents aimed at embedding intelligence into everyday operations. Airtable primarily serves enterprise clients in North America, Europe, and Australia, catering to a diverse range of sectors including project management, marketing, and human resources. Airtable generates revenue through a subscription-based model tailored to businesses of various sizes, especially in the enterprise sector. Clients engage with Airtable's services via tiered pricing plans, allowing organizations to customize their service levels. Customers can choose between a standard plan with basic functionalities or a premium offering that includes advanced features such as enhanced AI integrations. Revenue transactions are structured directly between Airtable and its clients, ensuring flexibility for both B2B interactions and direct-to-consumer engagements. Following the Series F funding round in December 2021, Airtable plans to utilize the USD 735 million raised to enhance its connected apps platform and drive adoption among the world's largest companies. The company is focused on launching new product features within its application platform to further its market reach. Additionally, they are targeting expansion into new geographic regions, specifically aiming to penetrate more sectors within North America and Europe over the next few years.

## Funding rounds

- Series F, Dec 13, 2021, $735M — Benchmark, Silver Lake, T Rowe Price, JP Morgan Asset Management, Greenoaks Capital, Coatue Management, Thrive Capital, ICONIQ Capital, Caffeinated Capital, Franklin Templeton, Salesforce Ventures, BDT & MSD Partners, D1 Capital Partners, XN Ventures
- Series E, Mar 15, 2021, $270M — CRV, Greenoaks Capital, Thrive Capital, Caffeinated Capital, WndrCo
- Series D, Sep 14, 2020, $185M — Benchmark, CRV, Coatue Management, Thrive Capital, Caffeinated Capital, D1 Capital Partners
- Series C, Nov 15, 2018, $100M — Benchmark, CRV, Coatue Management, Thrive Capital, Caffeinated Capital
- Series B, Mar 15, 2018, $52M — CRV, Freestyle VC, Slow, Caffeinated Capital
- Series A, Jun 29, 2015, $8.4M — CRV, Founder Collective, Freestyle VC, Tuesday Capital, Sound Ventures, Caffeinated Capital
- Seed, Feb 25, 2015, $2.2M — Freestyle VC, Tuesday Capital, DCVC, BoxGroup, Caffeinated Capital

## Investors

- Freestyle VC (https://capitalatlas.ai/funds/freestyle-vc) — Seed, Series A, Series B
- Tuesday Capital (https://capitalatlas.ai/funds/tuesday-capital) — Seed, Series A
- DCVC (https://capitalatlas.ai/funds/dcvc) — Seed
- BoxGroup (https://capitalatlas.ai/funds/boxgroup) — Seed
- Caffeinated Capital (https://capitalatlas.ai/funds/caffeinated-capital) — Seed, Series A, Series B, Series C, Series D, Series E, Series F
- CRV (https://capitalatlas.ai/funds/crv) — Series A, Series B, Series C, Series D, Series E
- Founder Collective (https://capitalatlas.ai/funds/founder-collective) — Series A
- Sound Ventures (https://capitalatlas.ai/funds/sound-ventures) — Series A
- Slow (https://capitalatlas.ai/funds/slow) — Series B
- Benchmark (https://capitalatlas.ai/funds/benchmark) — Series C, Series D, Series F
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series C, Series D, Series F
- Thrive Capital (https://capitalatlas.ai/funds/thrive-capital) — Series C, Series D, Series E, Series F
- D1 Capital Partners (https://capitalatlas.ai/funds/d1-capital-partners) — Series D, Series F
- Greenoaks Capital (https://capitalatlas.ai/funds/greenoaks-capital) — Series E, Series F
- WndrCo (https://capitalatlas.ai/funds/wndrco) — Series E
- Silver Lake (https://capitalatlas.ai/funds/silver-lake) — Series F
- T Rowe Price (https://capitalatlas.ai/funds/t-rowe-price) — Series F
- JP Morgan Asset Management (https://capitalatlas.ai/funds/jp-morgan-asset-management) — Series F
- ICONIQ Capital (https://capitalatlas.ai/funds/iconiq-capital) — Series F
- Franklin Templeton (https://capitalatlas.ai/funds/franklin-templeton) — Series F
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series F
- BDT & MSD Partners (https://capitalatlas.ai/funds/bdt-msd-partners) — Series F
- XN Ventures (https://capitalatlas.ai/funds/xn-ventures) — Series F
