Airtable

Airtable, incorporated as Formagrid, Inc., builds a cloud platform that sits between a spreadsheet and a relational database. A base holds typed fields — checkboxes, dates, phone numbers, file attachments, links between tables — and the same records can be viewed as a grid, a calendar, a kanban board or a form, so that operational teams can model work without a database administrator. The company was founded in 2012 by Howie Liu, Andrew Ofstad and Emmett Nicholas, and is headquartered at 1 Front Street in San Francisco with further offices in Austin, London, New York and Sydney.

The company reports roughly 700 employees, around 10 million active users and about 500,000 organisations building on the platform, including 90% of the Fortune 100. TechCrunch put annual recurring revenue at approximately $480 million as of June 2026 and reported that Airtable was generating positive cash flow and still held around $700 million of the roughly $1.4 billion it had raised.

Since 2024 the product has been rebuilt around AI. ProductCentral shipped in October 2024, App Library and HyperDB in September 2024, and in June 2025 Howie Liu published a letter relaunching Airtable as an "AI-native app platform" built around Omni, an agentic assistant that turns conversational requests into working apps and edits data in place. In December 2025 Airtable became a launch partner for ChatGPT's business app directory. In October 2025 the company acquired the AI research startup DeepSky, formerly Gradient, and hired David Azose from OpenAI as chief technology officer; in January 2026 it launched Superagent, its first standalone product, which runs specialised agents in parallel to carry out research and analysis.

The financial history is the harder part of the story. Airtable raised a $735 million Series F in December 2021 at an $11 billion valuation, then cut 254 staff — a fifth of the company — in December 2022 and a further 237 in September 2023. By early 2026 TechCrunch reported the shares changing hands on secondary markets at around a $4 billion implied valuation, well below the 2021 mark.

That gap closed through a sale rather than a listing. On 4 August 2026 the Italian software group Bending Spoons agreed to buy Airtable for $1.28 billion in cash, its first acquisition after listing on Nasdaq under the ticker BSP in July 2026. Airtable confirmed on 4 September 2026 that the transaction had completed and that Bending Spoons chief executive Luca Ferrari would set the company's direction. Airtable is therefore no longer an independent private company, and its equity is no longer a pre-IPO holding.