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Announced

Completed

XN led a $735m Series F funding round in Airtable.

Financials

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Transaction Value£547m
Consideration TypeCash
Capital Owned-
Capital Bid For7%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Acquisition

Friendly

Minority

Venture Capital

Data Centers and Hosting

cloud collaboration service

United States

Private

Private Equity

Completed

databases

Synopsis

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XN, a hedge fund manager, led a $735m Series F funding round in Airtable, a connected apps platform. Additional investors include Franklin Templeton, JP Morgan Growth Equity Partners, MSD Capital, Salesforce Ventures, Silver Lake, T. Rowe Price, Benchmark, Caffeinated Capital, Coatue, D1 Capital Partners, Greenoaks, ICONIQ and Thrive Capital. “As we’ve sharpened our focus on the needs of enterprise businesses, customers are scaling their use of our products to department- and company-wide processes, establishing Airtable as a source of truth for their most valuable operations. This additional capital will allow us to invest even more aggressively in product development and to scale a team and infrastructure capable of supporting a much larger, worldwide customer base," Howie Liu, Airtable Co-Founder and CEO.

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