Vimeo owner Bending Spoons to buy Airtable in $1.3b deal

Bending Spoons, a spreadsheet and database startup, announced on Tuesday that it has agreed to acquire Airtable for $1.28 billion in cash. Airtable, founded in 2013, has raised over $1.4 billion in funding rounds since its inception. The company's valuation peaked at over $11 billion during the 2021 boom, but as of early 2026, its shares were trading at a $4 billion valuation on secondary markets. Airtable's current net cash-and-cash-equivalents balance values it at approximately $2.25 billion, according to Bending Spoons.

Luca Ferrari, Bending Spoons' founder, stated that Airtable is a pioneering brand that is revolutionizing how teams organize data and manage critical workflows. The company's annual recurring revenue has grown over 20% year-over-year, reaching approximately $480 million as of June 2026. Ferrari added that the acquisition will further accelerate innovation for Bending Spoons.

In January, Airtable launched a new product line called Superagent, an orchestration platform designed to help users create teams of AI agents to complete tasks. The company's CEO, Howie Liu, mentioned that Airtable serves over 500,000 organizations, including 80% of the Fortune 100.

Bending Spoons typically acquires companies trading at a discount to their private valuations, then trims the staff, streamlines products, and aims to make them profitable. Since going public in July at an $18 billion valuation, the company has acquired several prominent brands, such as Evernote, WeTransfer, EventBrite, and Vimeo.