The connected apps platform Airtable 735m series xn, situated in San Francisco, CA, raised $735 million in Series F funding to help organisations upgrade their business operations.
This round, which values the company at $11 billion (pre-money) and takes the total investment to date to $1.36 billion, includes participation from:
Together with XN, which served as the round’s lead investor, the other participants included 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 money will be used by the business to sharpen its emphasis on product development, client growth, and enterprise team support across several industries.
Airtable is a connected apps platform that enables teams to create workflows that update their business processes, under the direction of Howie Liu, co-founder and CEO. Its visual, adaptable tools are used by teams at more than 80% of Fortune 100 companies to create workflows that are unique for anything from making movies to designing running shoes to distributing life-saving vaccinations.
The business just unveiled Interface Designer, a complete application builder for enterprises, as a result of investment in product innovation in 2021. The new features enable teams to create front-end workflows that are completely interactive and to create apps that are precisely tailored to their team’s workflow.