Airtable Just Sold for $2.25B at 2.7x ARR. It Raised $1.4B and Was Once Worth $11.7B. This Was … Market

Bending Spoons, the Milan-based serial acquirer that just went public last month, is acquiring Airtable for roughly two point two-five billion dollars in an all-cash deal. It's a significant reset from December 2021, when Airtable raised at an eleven point seven billion valuation on one hundred fifty-six million in annual recurring revenue. Per SaaStr, the company is now selling at two point two-five billion on four hundred eighty million in ARR—a two point seven times multiple—after becoming profitable but seeing growth stall at twenty percent despite a major AI pivot. Bending Spoons' track record with acquisitions like Evernote and Vimeo typically involves significant cost cuts and price increases for customers.

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