Bending Spoons has agreed to buy Airtable for $1.285bn. Its chief executive is selling the deal as a long-term bet. “Airtable is a pioneering brand reshaping how teams organize data and manage critical workflows,” said Luca Ferrari, the Italian company’s CEO and co-founder. He added that Bending Spoons is “committed to investing in Airtable for the long run.”
The transaction is all cash. It values Airtable at an enterprise value of $1.285bn. Including Airtable’s net cash, that implies an equity value of about $2.25bn. Both boards approved the deal unanimously, and it should close later this year, subject to regulatory clearances. Until then, the two firms operate separately.
For Bending Spoons, this is a milestone. It is the first acquisition since the Milan company listed on Nasdaq on 1 July. It bought AOL in January and Eventbrite in March. Airtable is the biggest name yet on a shopping list built for scale.
Airtable is worth the attention. Founded in 2013, it blends a spreadsheet with a database so teams can build apps without code. More than 500,000 organisations use it, including 80% of the Fortune 100. Annual recurring revenue grew more than 20% over the year to about $480m by June 2026. Co-founder and chief executive Howie Liu called it “the AI-native platform of the future.”
