In other words, the use cases are nearly infinite, and so is the potential customer base. Airtables chief revenue officer, Seth Shaw, joined in November 2020 just one month before Airtables chief product officer Peter Deng came on board. Airtable received 100.0M in venture funding in November 2018.
Being such, and having the infrastructure to support an app ecosystem on top of that, means that this no-code tool can actually be used to write software. Airtable has raised a total of 617 million since inception, according to Crunchbase. Airtables estimated annual revenue is currently 221.6M per year.
Airtable revenue 2021 series#
the entrepreneur pointed to its 735 million Series F round from 2021 as a fortunate reason that Airtable. Also of note: Founder and CEO Howie Liu told Forbes that he was approached by Greenoaks, rather than actively seeking funding.Īirtable is a relational database that many describe as a souped-up version of Excel or Google Sheets. Airtable chief revenue officer, chief people officer and chief product officer are out. And yes, Iltchev’s investment turned out to be a huge winner.
Airtable revenue 2021 code#
The company says it plans to use the funding to accelerate the development of its enterprise product and growing the team. The vision of the startup was to create a low code platform that was essentially a mashup between a spreadsheet and database.
This latest round was led by Greenoaks Capital, with participation from WndrCo, as well as existing investors Caffeinated Capital, CRV and Thrive. As part of Airtable’s decision to cut 20 of staff, or 254 employees, three executives are parting ways with the company as well, a spokesperson confirmed over email. The valuation comes out to $5.77 billion post-money, more than doubling its valuation from September, when it raised $185 million in Series D funding. Airtable, the no-code relational database that has amassed a customer base that spans 250,000 different organizations, has today announced the close of $270 million in Series E funding.
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