Along the way, they've gone from $18M ARR to $110M ARR, grown the team from 70 to 573, and hired almost a whole new C-suite to lead the push upmarket.
ROBLOX THOSE WHO REMAIN BUGS PRO
Airtable has pro plans for businesses as well as an enterprise plan that includes hands-on services-based consulting work to help optimize team usage of the product.Its core abstractions-tables, records, views, apps and automations-give it the functionality of a basic CRUD app. Airtable is a collaborative SaaS platform with a spreadsheet-like interface for building relational databases without code.That's comparable to Twilio and Carta, which also took about 3.5 years to get from $10M to $100M ARR. A cross our index of SaaS companies, Airtable was the slowest to get from $0 to $10M ARR, and one of the fastest to get from $10M to $100M.That’s based on the 67x 2021 ARR multiple at which they were valued in their last round in March 2021 round ($5.77B valuation at $85M in ARR). We estimate Airtable’s ARR at $115M for a valuation of about $7.7B.That combination aligns with Airtable’s ultimate vision: marrying a consumer-grade app with the potential to go upmarket and build the next big enterprise product.
That new C-suite brings insight and experience from companies like Atlassian, InVision, Wrike, LogMeIn, WndrCo, Quibi, Uber and Instagram-a mix of rapidly high-growth startups, upmarket SaaS products and consumer apps.
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