Airtable is the San Francisco software company — valued at roughly $11.7 billion — whose no-code platform blends the familiarity of a spreadsheet with the power of a database, letting teams build custom apps and workflows without writing code. It is one of the best-known names in the no-code and work-management category, but as of mid-2026 Airtable is still private: there is no S-1, no ticker and no IPO price range. This is a “what to watch” breakdown of the Airtable IPO, plus the publicly traded software stocks you can actually buy today to play the same theme.
Airtable IPO Snapshot
| Field | Detail |
|---|---|
| Company | Airtable (Formagrid, Inc.) |
| Proposed Ticker / Exchange | TBD / TBD (not disclosed) |
| IPO Status (Phase) | Private; no public S-1 filed (pre-IPO) |
| Expected Price Range | Not disclosed |
| Last Reported Valuation | ~$11.7 billion (2021 Series F) |
| Business | No-code app/database platform for teams and enterprises |
| Total Funding Raised | ~$1.4 billion (reported) |
| Co-Founders | Howie Liu, Andrew Ofstad, Emmett Nicholas |
| HQ / Founded | San Francisco / 2012 |
Figures are from press reporting and private financings, not an audited public prospectus. Airtable has not filed an S-1; treat all numbers as reported estimates subject to change.
Table of Contents
- Key Takeaways
- What Is Airtable?
- When Will the Airtable IPO Happen?
- What We Know About Airtable’s Business & Economics
- Who Are Airtable’s Competitors?
- Airtable IPO: Bull Case vs What to Watch
- How Airtable Is Priced vs Public Peers
- How to Get Exposure to the Airtable IPO Theme
- Airtable IPO FAQs
Key Takeaways
- What it does: Airtable is a no-code platform that combines a spreadsheet-style interface with a real database, letting teams build custom apps, trackers and workflows — increasingly with AI assistance.
- IPO status: The Airtable IPO is anticipated but unscheduled — the company is private with no S-1, ticker or price range as of mid-2026.
- Key number: Airtable was last valued around $11.7 billion in a 2021 Series F and has raised roughly $1.4 billion in funding.
- What to watch: Its enterprise and AI traction, competition from Microsoft and work-management peers, the durability of the no-code category, and the eventual audited financials.
- Exposure angle: You cannot buy Airtable shares yet; the practical way to trade the no-code and work-software theme is via public peers — Microsoft, Monday.com, Asana, Atlassian and Salesforce.
What Is Airtable?
Airtable is a software company founded in 2012 by Howie Liu, Andrew Ofstad and Emmett Nicholas, headquartered in San Francisco. Its product looks like a spreadsheet but works like a database: users organize information into linked tables and then build custom views, trackers, apps and automated workflows on top — without writing code. Teams use Airtable for everything from content calendars and product roadmaps to inventory, CRM-style trackers and operations dashboards. More recently the company has repositioned from “supercharged spreadsheet” toward a broader app-building platform, layering in AI features designed to generate apps, summarize data and automate routine work.
The thesis behind the Airtable IPO is that the no-code and work-management market is large and growing, and that a flexible platform sitting between rigid enterprise software and basic spreadsheets can win broad adoption. Airtable makes money through software subscriptions, charging per user across tiered plans, with higher-priced enterprise tiers adding administration, security and advanced features. Its land-and-expand model starts with individual teams and grows into organization-wide deployments. For anyone searching “what is Airtable” or “is Airtable going public,” the short answer is: Airtable is a no-code app and database platform, and the Airtable IPO is anticipated but not yet filed.
When Will the Airtable IPO Happen?
There is no official Airtable IPO date. The company has long been viewed as an eventual IPO candidate given its scale, brand recognition and venture backing, but as of mid-2026 Airtable has not filed a public S-1, set a price range, named underwriters or announced a timeline. That places it in the earliest pre-IPO phase, where everything about a listing remains speculative.
The key caveat is that the Airtable IPO is a watch item, not a scheduled event, and the figures in circulation come from private funding rounds rather than audited filings. Airtable was last valued near $11.7 billion in a 2021 Series F, at the height of the software-funding boom; valuations from that era have in many cases reset in public markets, so that mark may not reflect where Airtable would price today. Timing would likely depend on Airtable showing strong enterprise growth, a credible AI narrative and durable economics, plus a receptive IPO window for software. Until Airtable files an S-1 with audited revenue and margins, the responsible stance is to treat the Airtable IPO as anticipated but unconfirmed.
What We Know About Airtable’s Business & Economics
Without a prospectus, Airtable’s financial picture comes from reporting and company statements and should be read as such. The core model is recurring software subscriptions billed per user, so revenue scales with seats and with the mix of customers on higher-priced enterprise plans. The land-and-expand motion — starting with a single team and spreading across a company — is central to the economics, because expansion within existing customers is typically cheaper than acquiring new ones and drives net revenue retention. Airtable has reported crossing meaningful recurring-revenue milestones and counts a large share of major enterprises among its users, though exact current figures are not publicly audited.
What the public numbers do not reveal is the detail a future S-1 would force out: current revenue, growth rate, gross margin, net retention and profitability. Like many software companies that raised at peak valuations, Airtable went through cost-cutting and refocused on enterprise customers and AI to improve its economics. The central tension for the Airtable IPO is whether it can reaccelerate growth and prove durable profitability while fending off much larger platforms. The bullish read is a flexible, beloved platform expanding into enterprise and AI; the cautious read is a company squeezed between free spreadsheets below and bundled enterprise suites above. Those open questions are why this analysis offers no buy or sell verdict on an unlisted company.
Who Are Airtable’s Competitors?
Airtable competes across no-code app building, work management and the broader productivity-software market, where several rivals are public. Microsoft stock is the most formidable — through Excel, Lists, Power Apps and the broader Microsoft 365 bundle, it can package similar capabilities into software enterprises already pay for. Monday.com stock is a close work-management comparable that, like Airtable, lets teams build flexible trackers and workflows.
Asana stock overlaps in project and work management for teams, while Atlassian stock competes through Jira, Confluence and Trello across technical and business teams. Salesforce stock is relevant both as an enterprise-app platform and through low-code tooling. Privately held Notion is another closely watched rival in the flexible-workspace space. Together the listed names form a tradeable map of the no-code and work-software theme the Airtable IPO highlights.
Correlated & Competitor Stocks
| Company (Ticker) | What they do | Why correlated to Airtable | Approx. price (early Jun 2026) |
|---|---|---|---|
| Microsoft (MSFT) | Excel, Lists, Power Apps, M365 | Largest bundled platform rival | ~$417 |
| Monday.com (MNDY) | Work-management platform | Closest flexible-workflow comparable | Triple digits |
| Asana (ASAN) | Project & work management | Overlapping team-work use cases | Double digits |
| Atlassian (TEAM) | Jira, Confluence, Trello | Competes across team workflows | Triple digits |
| Salesforce (CRM) | CRM + low-code app platform | Enterprise-app & low-code rival | ~$182 |
Prices are approximate and as of early June 2026; verify the live quote before trading. Flexible-workspace rival Notion is private.
Airtable IPO: Bull Case vs What to Watch
The bull case. Airtable occupies a flexible middle ground between basic spreadsheets and rigid enterprise apps, and that adaptability has earned it strong brand affinity and broad adoption across major companies. Its land-and-expand model can drive efficient growth as teams spread the product across an organization, and its push into enterprise plans and AI-powered app building targets higher-value customers and a larger market. If Airtable turns its popularity into durable enterprise revenue and a credible AI platform story, it has the profile of a category leader — the optimistic frame for the Airtable IPO.
What to watch (rather than a verdict, since Airtable is private and pre-filing). First, competition: Microsoft can bundle similar features into software customers already own, and work-management peers keep expanding. Second, growth and profitability, which a fresh S-1 would reveal after the company’s cost-cutting and enterprise refocus. Third, whether its AI features become a genuine differentiator or get matched by larger platforms. Fourth, the durability of the no-code category itself as AI changes how software gets built. Fifth, net revenue retention as a signal of expansion health. These are the dynamics to track before the Airtable IPO becomes investable.
How Airtable Is Priced vs Public Peers
Because there is no public Airtable stock, the only yardstick is its last private valuation against listed software names. At roughly $11.7 billion (set in 2021), Airtable would be a fraction of Microsoft or Salesforce and broadly in the range of work-management peers like Monday.com or Atlassian depending on the day’s prices. The closest public comparables are Monday.com and Asana, which trade on disclosed metrics — revenue growth, net retention and margins — that Airtable has not published. The Airtable IPO valuation will ultimately hinge on its growth rate, enterprise mix and AI traction versus these benchmarks.
The honest framing for a Phase-pre-IPO name is “popular platform with a 2021 price tag.” Valuations struck at the peak of the software boom have frequently reset lower in public markets, so Airtable’s eventual IPO valuation could land above or below its last private mark depending on conditions and its financials at filing. Until Airtable publishes audited numbers, there is no responsible buy or sell call to make on it. What investors can do today is decide how much they believe in the no-code and work-software thesis and express that through the listed peers above, where real prices and financials already exist.
A useful way to frame the Airtable IPO is to weigh platform love against platform risk. The love is real: Airtable has earned a devoted following because it sits in a flexible middle ground — more powerful than a spreadsheet, more approachable than custom-built software — and that adaptability has driven broad, bottom-up adoption inside large organizations. The risk is structural: it is squeezed from below by free or cheap spreadsheets and from above by bundled enterprise suites, and the rise of AI app-building could either expand Airtable’s market or let larger platforms replicate its core appeal. A public listing would reveal how that balance is resolving in the financials — whether enterprise revenue and net retention are strong enough to outweigh the competitive pressure. Those are the questions a fresh S-1 would answer and that today’s private valuation cannot. In the meantime, the public software names in the table move on the same drivers — software spending, seat growth and the AI adoption cycle — giving investors a transparent, tradeable read on the forces that will ultimately shape how the market values Airtable.
How to Get Exposure to the Airtable IPO Theme
To be direct: you cannot buy Airtable shares before it lists, pre-IPO access is generally limited to institutional and accredited investors, and no listing is confirmed. So for most people the realistic question is not “how do I buy Airtable stock” but “how do I get exposure to the no-code and work-software theme the Airtable IPO represents.” The practical answer is the basket of public software names above — many available as real U.S. shares through US stocks on MEXC.
A theme-based approach spreads the risk: the bundled-platform giant through Microsoft, flexible work management through Monday.com, project and team work through Asana, developer-and-team collaboration through Atlassian, and enterprise apps plus low-code through Salesforce. These names move on the same drivers that will shape Airtable — software spending, the no-code and AI adoption cycle, and enterprise seat growth. None is a substitute for owning Airtable directly, but as a group they let you participate in the productivity-software cycle now, with normal liquidity and no allocation lottery. Confirm live prices and size positions to your own risk tolerance; this is information, not a recommendation.
Airtable IPO FAQs
What does Airtable do?
Airtable is a no-code platform that combines a spreadsheet-style interface with a database, letting teams build custom apps, trackers and automated workflows — increasingly with AI assistance — without writing code.
When is the Airtable IPO?
No date has been set. As of mid-2026 Airtable is private with no public S-1, underwriters or price range. An IPO is widely anticipated given its scale, but it remains a watch item rather than a scheduled event.
Can I buy Airtable stock before the IPO?
No. Airtable is private, and pre-IPO shares are generally restricted to institutional and accredited investors. The public will only be able to buy it once (and if) it lists — or get exposure to the theme now through public peers.
What is Airtable’s valuation?
Airtable was last valued around $11.7 billion in a 2021 Series F. That is a private figure from the software-funding peak, so any eventual IPO valuation could differ materially in either direction.
Who are Airtable’s competitors?
Public competitors and comparables include Microsoft, Monday.com, Asana, Atlassian and Salesforce. Flexible-workspace rival Notion is privately held.
Disclaimer
This article is for informational purposes only and does not constitute financial advice, an offer to sell, or a solicitation to buy any security. IPO details (price range, valuation, timing) are subject to change and may differ from the final terms. You cannot purchase shares of a company before it lists, and IPO allocations are not guaranteed. Past performance does not guarantee future results. Investors should read the company’s official SEC filings and consult qualified financial advisors before making investment decisions.
MEXC is a global cryptocurrency exchange committed to “MEXCmize Your Opportunities.” Serving over 40 million users across 170+ countries, MEXC offers access to more than 3,000 digital assets across spot and derivatives markets. Known for its high liquidity and broad selection of trending tokens, the platform is designed to support both new traders and experienced investors. MEXC also continues to enhance trading efficiency through innovations such as zero trading fees, while prioritizing a secure, user-friendly, and accessible trading experience. Select MEXC as Your 0-fee Gateway To Infinite Opportunities.