Bending Spoons to Buy Airtable For $1.28 Billion
Bending Spoons has made its first acquisition since going public last month at an $18 billion valuation, agreeing to buy spreadsheet and database startup Airtable for $1.28 billion in cash. Airtable joins a growing portfolio of notable brands owned by the Italian app developer, including Evernote, WeTransfer, EventBrite, and Vimeo. TechCrunch reports: Founded in 2013, Airtable has so far raised…
Italian app developer Bending Spoons announced its first acquisition since going public, securing Airtable for $1.28 billion in cash. The spreadsheet and database startup, founded in 2013, joins a portfolio that includes Evernote, WeTransfer, EventBrite, and Vimeo. Airtable's valuation has fluctuated since 2021, peaking at over $11 billion before settling at around $2.25 billion with its current net cash-and-cash-equivalents balance.
The acquisition is expected to accelerate innovation, as Airtable's annual recurring revenue grew over 20% year-over-year to approximately $480 million as of June 2026.
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