Airtable, a San Francisco, CA-based connected apps platform that enables teams to modernize their business processes, raised $735m in Series F funding.
This round, which brings total investment to date to $1.36 billion and values the company at $11 billion (pre-money), includes participation from:
- XN, which led the round, and
- 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 Benchmark, Caffeinated Capital, Coatue, D1 Capital Partners, Greenoaks, ICONIQ Growth, and Thrive Capital.
The company intends to use the funds to strengthen its focus on product development, customer growth, and support for enterprise teams across multiple industries.
Led by Howie Liu, co-founder and chief executive officer, 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 its visual, flexible tools to customize workflows, whether they’re creating movies, designing running shoes, distributing life-saving vaccines, or anything in between.
The company has invested in product innovation in 2021, recently introducing Interface Designer, a complete application builder for enterprise. The new features empower teams to design fully interactive front-end experiences on any workflow built in Airtable and to tailor apps specifically to how their teams operate.