Airtable, the spreadsheet-with database startup, based out San Francisco, California, confirmed its latest $185 million Series D funding round, led by existing investor Thrive Capital. Existing investors, including Benchmark,CRV and Coatue Management, also participated.
This new D series round more than doubles Airtable’s existing $1.1 billion valuation it had in 2018. Airtable has raised more than $350 million till date, said a company spokesperson.
Airtable, which was founded in 2012 and formerly known as Formagrid, competes with the likes of Google Sheets and Microsoft Excel. Although it doesn’t match the number-crunching ability of Excel, but instead aims to offer a more user-friendly design suitable for consumers or businesses.
Some of the company’s existing customers include Netflix, HBO, Condé Nast Entertainment, TIME, City of Los Angeles, IBM, Robinhood, Equinox, and 200,000 other brands.
The company has a vision to make it easier for people without a technical background to build productivity tools.
