![]() ![]() Tech site the Information previously reported some details of the funding round. Investors put $270 million into the company in March at a $5.8 billion valuation. About 80% of companies in the Fortune 100 are paying customers, Liu said.Īirtable’s valuation has climbed quickly. Like many workplace productivity tool companies, Airtable has seen demand surge during the pandemic and now counts more than 300,000 active customers including International Business Machines Corp., Hulu and Netflix Inc. More than 30% of Airtable’s active users currently pay, and the company’s annual recurring revenue is north of $100 million, Liu said. The company, which allows customers to collaborate on software. Similar to Dropbox, Slack and other workplace tools, Airtable offers a basic free version and generates revenue from subscriptions for more advanced tools and services. has raised fresh funding at a valuation of 10 billion, quintupling its pricetag since last year. Existing investors agreed to participate in roughly two weeks. New York-based hedge fund XN led the financing, which Liu said came together quickly. Airtable’s tools allow finance, marketing and other non-technical workers to easily build their own apps. and allow the company to open its first non-U.S. The latest funds will bolster Airtable’s back-end infrastructure, increase integrations with services like Inc. Liu said the company plans to go public in “a couple years.” “This round bridges us to profitability,” Airtable Chief Executive Officer Howie Liu told Bloomberg. Omicron Infects 70 Times Faster But Is Less Severe, Study SaysĬhina’s Bubble Bursting Has Wall Street Eyeing a 2022 RallyĪirtable raised $735 million in the funding round, the company plans to announce Monday, and will use the cash infusion to improve its workplace application platform and expand to Europe. Travelers to France Face Stricter Rules to Slow Omicron And Airtable is used by about 200,000 companies. Airtable is essentially a spreadsheet-focused no-code platform. Past performance is not indicative of future results.(Bloomberg) - Collaboration software startup Airtable has raised new funding at an $11.7 billion valuation, making it part of a rarefied club of companies to reach decacorn status - a more than $10 billion valuation.įed Doubles Taper, Signals Three 2022 Hikes in Inflation PivotĬrypto Prices Go Haywire on Coinbase, Including this funding round, Airtable has raised 350 million since it launched in 2013 and the company’s post-money valuation is 2.585 billion according to Forbes. ![]() The platform offers a visual development environment, pre-built templates, and integrations with third-party systems, enabling developers to build. OutSystems is a low-code development platform that enables businesses to rapidly build and deploy custom enterprise applications. Nothing contained in this article may be relied upon as a guarantee or assurance as to the future success of any particular company. How Out Systems hit 206.6M Revenue with 300K customers in 2023. Sign up for a free demo to see Airtables valuations in December 2021, September 2020, November 2018, March. Due to various risks and uncertainties, actual events, results or the actual experience may differ materially from those reflected or contemplated in these statements. Airtables valuation in March 2021 was 5,770M. No assumptions should be made that investments listed above were or will be profitable. Companies mentioned in this article may be a representative sample of portfolio companies in which Contrary has invested in which the author believes such companies fit the objective criteria stated in commentary, which do not reflect all investments made by Contrary. Data can be synced and shared between teams. All potential solutions fall short and are limited. Airtable is built as a relational database, which makes it possible for teams to see data changes and react in real-timeand can trust that information is always up to date. ![]() There is no solution that allows to make a full database export (schema + data) and then restore it later on. Information provided reflects Contrary’s views as of a time, whereby such views are subject to change at any point and Contrary shall not be obligated to provide notice of any change. Executive summary: There exist no tool that allows to perform backup/restoration reliably at this time (December, 2020). Disclaimer: Nothing presented within this article is intended to constitute investment advice, and under no circumstances should any information provided herein be used or considered as an offer to sell or a solicitation of an offer to buy an interest in any investment fund managed by Contrary LLC (“Contrary”).
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