Airtable is a cloud-based collaboration platform that merges the simplicity of a spreadsheet with the complexity of a database, making it an invaluable tool for organizations across various sectors.
Key Statistics and Facts About Airtable
Here’s an expanded overview of Airtable, featuring verified statistics and insights.
User Base and Adoption
- Organizations: As of 2024, Airtable serves over 500,000 organizations globally, including more than 200,000 enterprise customers.
- Valuation: The company is currently valued at approximately $12 billion, reflecting its substantial growth in the competitive SaaS market.
- Funding: Airtable has raised a total of $1.36 billion through multiple funding rounds since its inception in 2012. Notable funding rounds include:
- Series A: $3 million in February 2015
- Series B: $52 million in March 2018
- Series C: $100 million in November 2018
- Series D: $185 million in September 2020
- Series E: $270 million in March 2021
- Series F: $735 million in December 2021.
Company History
- Founding Year: Airtable was founded in 2012 by Howie Liu, Andrew Ofstad, and Emmett Nicholas. The platform aims to democratize software creation by allowing users to build customized applications without extensive coding knowledge.
- Employee Metrics: The company currently employs around 800 people, though it has undergone significant layoffs recently, including a reduction of approximately 27% of its workforce in September 2023 due to a renewed focus on enterprise clients.
Product Features
- Database Capabilities: Airtable allows users to create databases with various field types (e.g., checkboxes, dropdowns) and link records between tables. Users can collaborate in real-time and publish views externally.
- Integration and Usability: The platform integrates seamlessly with popular tools like Slack, Google Workspace, and Salesforce, enhancing its usability within existing technology stacks.
Market Position
- Industry Reach: Airtable caters to a diverse clientele ranging from tech startups to Fortune 500 companies, indicating its versatility across different sectors. Its user-friendly interface and powerful toolset make it appealing for various applications such as project management, CRM, and content calendars.
- Recognition: Airtable has received accolades as one of the top innovative companies in tech, ranking highly on lists such as Forbes Cloud 100 (2024) and CNBC’s Disruptor 50 (2023).
Conclusion
Airtable’s significant user base, impressive valuation, and extensive funding history underscore its pivotal role in the productivity and collaboration software market.
As businesses increasingly seek flexible digital solutions, Airtable’s capabilities position it as a leading choice for organizations worldwide.
