Bending Spoons Acquires Airtable for $1.28B
Bending Spoons has agreed to buy Airtable, a spreadsheet and database startup, for $1.28 billion in cash. The acquisition marks Bending Spoons' first purchase since going public last month. Airtable has raised over $1.4 billion and serves over 500,000 organizations, including 80% of the Fortune 100.
Key points
- Bending Spoons has agreed to buy Airtable for $1.28 billion in cash, the company's first acquisition since going public.
- Airtable has raised over $1.4 billion and serves over 500,000 organizations, including 80% of the Fortune 100.
- Airtable's annual recurring revenue grew over 20% YoY to approximately $480 million as of June 2026.
- Bending Spoons typically acquires companies trading at a decent discount to their private valuations, tripling their value post-acquisition.
Bending Spoons Acquires Airtable for $1.28B
In a significant move, Bending Spoons has announced its acquisition of Airtable, a popular spreadsheet and database startup, for $1.28 billion in cash. This marks the company's first purchase since going public last month.
Airtable has been a pioneer in the data management space, serving over 500,000 organizations, including 80% of the Fortune 100. The company has raised over $1.4 billion in funding and has seen its annual recurring revenue grow by over 20% year-over-year to approximately $480 million as of June 2026.
Bending Spoons' founder Luca Ferrrai stated that the acquisition will accelerate innovation and deliver value to customers. The company's track record of acquiring undervalued companies and tripling their value post-acquisition suggests that Airtable is poised for significant growth under Bending Spoons' ownership.
The acquisition is expected to have a significant impact on the data management industry, with analysts predicting increased competition and innovation in the space.
Sources
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