Airtable, a San Francisco, California-based connected apps platform that enables teams to modernize their business processes, announced that it raised $735 million in Series F funding brings Airtable’s total investment to date to $1.36 billion and values the company at $11 billion (pre-money).
This Series F round includes participation from the respected public market and private investment firms: XN, which led the round, Franklin Templeton, J.P. Morgan Growth Equity Partners, Michael Dell’s MSD Capital, Salesforce Ventures, Silver Lake, and funds and accounts advised by T. Rowe Price Associates, Inc.
Existing Airtable investors including Benchmark, Caffeinated Capital, Coatue, D1 Capital Partners, Greenoaks, ICONIQ Growth, and Thrive Capital also participated in the round.
This additional capital will allow Airtable to invest even more aggressively in product development and to scale a team and infrastructure capable of supporting a much larger, worldwide customer base.
Company: Formagrid, Inc.
Raised: $735.0M
Round: Series F
Funding Month: December 2021
Lead Investors: XN
Additional Investors: Franklin Templeton, J.P. Morgan Growth Equity Partners, Michael Dell’s MSD Capital, Salesforce Ventures, Silver Lake, funds and accounts advised by T. Rowe Price Associates, Inc., Benchmark, Caffeinated Capital, Coatue, D1 Capital Partners, Greenoaks, ICONIQ Growth, and Thrive Capital
Company Website: https://www.airtable.com/
Software Category: Collaboration Software
About the Company: Airtable is a connected apps platform that enables teams to build workflows that modernize their business processes. Teams at more than 80% of the Fortune 100 use Airtable’s visual, flexible tools to customize workflows that meet their exact needs, whether they’re creating blockbuster movies, designing running shoes, distributing life-saving vaccines, or anything in between. With an estimated 1.25 billion knowledge workers worldwide, according to Forrester, Airtable continues to expand its enterprise sales, success, and support teams to fuel a growing number of large deployments. Airtable’s go-to-market approach combines the virality and ease of use of end-user adaptable products, with the ability to scale across entire organizations.
Source: https://blog.airtable.com/announcing-airtables-series-f-funding/