Dec 13, 2021 – Airtable (Formagrid, Inc), a cloud collaboration service headquartered in San Francisco, reached $11B valuation in latest funding round and it's CEO Howie Liu announced to CNBC – “This round really gives us financial freedom as a company. This bridges us to profitability and allows us to time an IPO at the time that’s ideal for us as a company.”
Industry | Founded | Based (HQ) | Valuation |
---|---|---|---|
Collaborative software | 2012 | San Francisco, US | $ 11B |
Here’s what you need to know:
- What is an IPO?
- What is Airtable?
- How to buy Airtable IPO stock? – detailed instructions.
- Airtable IPO details – Airtable IPO date, price etc.
- What brokers provide access to the Airtable IPO?
What is an IPO?
When a private company or a startup first sells its shares to the general public, this process is known as an Initial Public Offering (IPO). An IPO means that a company's ownership is transferred from private ownership to public ownership. That is why the IPO process is called "going public".
Why go public? The primary benefit of going public is easier access to capital, but there are more reasons for that. If you want to learn more - here we answered frequently asked questions about IPOs in simple terms.
What is Airtable?
Airtable (also known as Formagrid) is a provider of a collaboration platform and productivity tool designed to organize and manage data. Its mobile and desktop apps allow editing, commenting, and collaborating in real-time. The platform offers functions such as adding attachments, publishing long text notes, checkboxes, links to records in other tables and barcodes, etc.
Business Details and Financials Before Airtable IPO
Developer of an all-in-one collaboration platform designed to democratize software creation by enabling anyone to build the tools that meet their needs. The company's platform helps to create flexible checklists, organize collections or ideas and manage customers or contacts as well as offers a variety of templates ranging from home improvement to store inventory, enabling users to build custom applications without any prior coding experience.
Airtable has a post-money valuation in the range of $10B+ as of Dec 13, 2021.
Airtable Prospectus SEC S-1 form
Airtable Prospectus S-1 form will be published here when available. Stay tuned!
Details From Airtable’s S-1 Filing
Details from Airtable's S-1 will be published here when available. Stay tuned!
Airtable Competitors
Airtable's top competitors include Basecamp, Smartsheet, Asana, Domino Data Lab, Trello, Notion Labs and ClickUp.
Is Airtable Stock Publicly Traded?
Airtable is a privately owned company before the IPO is completed. It belongs to founders, early investors (venture capital firms), and some employees.
But when the status changes to Completed in the calendar here, the company will become public.
Airtable's Key People
- Howie Liu - Co-Founder & CEO
- Andrew Ofstad - Co-Founder
- Emmett Nicholas - Co-Founder
- Julie Martin - Director, Enterprise Sales
- Archana Agrawal - Chief Marketing Officer
- Sid Agarwal - VP Finance & Strategy
Airtable pre-IPO Investors
Airtable's top pre-IPO investors include Benchmark, CRV, Thrive Capital, Coatue Management, Kevin Mahaffey, BoxGroup, Ashton Kutcher, Slow Ventures, Founder Collective, Michael Birch, Data Collective, Freestyle Capital, A-Grade Investments, Raymond Tonsing, Benjamin Ling, Othman Laraki, Dan Rose, Ilya Sukhar, Amitt Mahajan, Caffeinated Capital, Greenoaks Capital, Villi Iltchev, Shan Mehta, Eric Wu, Hammerstone Capital, Aaron Harris, David Beyer, WndrCo, Caffeinated Capital Fund, Brennan O'Donnell, Coatue, Alexa von Tobel, Tuesday Capital, Sarah Smith, Emily Weiss, Delphine Arnault, Tueday Capital, D1 Capital
How to Participate in Airtable IPO Before Shares Hit the Public Market
In the past, Initial Public Offerings as a profitable investment type were only available to big funds or elite customers of major brokerage firms or banks and it was hard (almost impossible) for retail investors to gain access to IPOs. You couldn't buy shares paying the price set by the company and you had to wait until the shares actually start trading on the public stock market.
Luckily, technologies and marketplaces changed the rules of the game, now average investors can participate in IPOs. Brokers adjusted accordingly, making access to IPOs more affordable now.
Step-by-Step Guide How to Buy Airtable IPO Stock at Its Offer Price
- Check the Airtable IPO details. Always Do Your Own Research (DYOR) for the company that is going for IPO first.
- Find a broker. You need a broker that can provide you access to the IPO. You can use our tool attached below that helps to match investors with available IPO brokers in your area. Just click "FIND IPO BROKERS" button below to see brokers that offer access to Airtable IPO.
- Check eligibility criteria. Each broker has its own eligibility criteria, like account minimum which can vary widely.
- Create trading account. For KYC you need to prepare your identity document (valid passport or driving license) and a document confirming the address of residence (utility bill). Note, this procedure may take 1-3 days as it's better to prepare your account in advance.
- Deposit your account. To participate in an IPO, your account must have available funds in the amount you send IPO application for. Note, this procedure may take 1-3 days as it's better to prepare your account in advance.
- Request Airtable shares. Assuming you meet the requirements for participating in this IPO, your next step will be to request a certain number of shares in the IPO. Note, you may not be allocated all the IPO shares you offer to buy.
- Wait for allocation. The actual number of stocks purchased during an IPO depends on supply and demand. The higher underwriter reserves the right to partial execution of collective applications. So if the demand is high you may get less than you applied for. Of course, you will only pay for the shares purchased. The rest of the funds will be returned to your account.
Note: Many IPO purchases come with a lock-up period, usually 90 or 180 days. You will not be able to sell your shares until this period expires.
What Brokers Offer Access to Airtable IPO?
Just click the button below to check the list of available IPO brokers that can provide access to Airtable IPO.
How to Invest After Airtable IPO at Its Opening Price
The most conservative way to buy Airtable stock would be to wait for the IPO and buy the shares on the public stock market. You can do this through the same brokers that provide access to IPOs or a trading app. Most of them have a stock trading functionality. Though, you won’t get in at the low price offered by pre-IPO.
How is Airtable going public?
Airtable has not yet made an announcement whether it goes public via a traditional initial public offering, SPAC or DPO. But most likely it will be a traditional IPO.
Airtable IPO Underwriters
Airtable IPO underwriters list will be published here when the information is available. Stay tuned!
When will be the Airtable IPO date?
Airtable IPO date will be published here when the information is available. Stay tuned!
IPO ETA: 2022
What will be the Airtable IPO price?
Airtable IPO price range will be published here when the information is available. Stay tuned!
How many Airtable shares will be available for its IPO?
Airtable's number of shares will be published here when the information is available Stay tuned!
What stock exchange will Airtable trade on?
Airtable will be traded on - the stock exchange will be published here when the information is available. Stay tuned!
What Is the Airtable Stock Ticker Symbol?
Airtable stock ticker symbol will be published here when the information is available. Stay tuned!