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Airtable valuation11/1/2022
Startup – Raised $70 million in July 2021 Here is how the valuation of Airtable compares to its top ten competitors: To put this into perspective, if the annual reoccurring revenues (ARR) are $65 million, the valuation of $5.8 billion is 89x ARR. Revenues for 2021 are estimated to be $65 million from over 250,000 users. Airtable valuation software#LATKA rates Airtable as one of the most successful software as a service (SaaS) companies. That is an incredibly high valuation for a private company that the founder, Howie Liu, says has no intention at any time in the near future of going public. Airtable valuation series#Series E in March 2021 was a whopping $270 million, making the company worth $5.8 billion. Series C in November 2018 was $100 million, giving the company a valuation of $1.1 billion at that time.Īirtable raised $185 million in September 2020 as Series D, increasing the company’s value from $1.1 billion to $2.585 billion. Notable investors Airtable include Grade-A Investments (Aston Kuther’s fund), CRV, Caffeinated Capital, Freestyle Capital, Data Collective, Founder Collective, CrunchFund, and the Box Group.īusiness Upside reports that Airtable raised $3 million in seed capital in February 2015, followed by Series A for $7.6 million in May 2015. The annual reoccurring revenue (ARR) from enterprise customers is negotiated on a case-by-case basis by the sales staff of Airtable. Other large companies using Airtable include A-E Networks, Autodesk, Buzzfeed, Condé Nast Entertainment, Cole Hann, Expedia, Medium, Netflix, Shopify, Time, and many others. The biggest customers for Airtable are the enterprise-level tech companies, like Tesla, that pay an annual subscription fee for its 70,000+ Tesla employees. Estimated annual revenues per employee are $114,748. The Airtable employee count nearly doubled from a year ago. The current user base is estimated at 250,000+ companies, paying at least $120 per year per user if not getting an enterprise-level discount.Īirtable has 417 employees (August 2021). The company is private, so it does not release any financial information. Airtable valuation pro#The paid Pro version is $20 per month (billed annually) per user.Īnnual revenue estimates for Airtable range from $47.9 million, reported by GrowJo, to $65 million per year, reported by LATKA. Airtable valuation plus#The paid Plus version is $12 per month (discounted to $120 annually) per user. There is a limited free version of the software. All these aspects are provided by Airtable at a lesser cost while allowing you to scale up as your business requires. Handling sensitive commercial data requires you to be extra careful about security, redundant systems, and safety measures to ensure that only authorized individuals can make changes. It is not just about hosting your data in the cloud it also allows you to collaborate easily with people regardless of their location and provides you with the agility to grow your business without compromising on any feature. Most businesses today rely heavily on cloud technology for their core infrastructure.Īirtable is one such service, which offers an array of features to meet all your database management needs. The process of scaling up a business has changed significantly with the advent of cloud computing services. The flagship product launched in 2014, along with the iOS app. The company worked on the software for about two years in stealth mode and grew rapidly with the support of angel investors, including the actor Ashton Kutcher. This private company is not yet profitable. The company offers cloud-based software that allows users to create and share highly functional, yet, easy-to-use online databases. Howie Liu, along with Andrew Ofstad, and Emmett Nicholas, founded Airtable in 2012. Conclusion: How Does Airtable Make Money? About Airtable
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