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Bending Spoons to buy Airtable for $1.28B

Bending Spoons agreed to acquire Airtable for $1.28 billion in cash.

WHY IT MATTERS

The transaction gives Bending Spoons control of a widely used low-code database platform that serves hundreds of thousands of organizations, including many large enterprises. Engineers may see changes in how the platform is managed or priced as the new owner applies its typical acquisition approach. The deal also reflects a market correction from Airtable’s earlier high valuation.

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The three things worth knowing

01

Airtable’s annual recurring revenue was about $480 million as of June 2026, growing over 20% year-over-year.

02

Bending Spoons intends to trim staff, streamline products, and run the acquired business profitably after the purchase.

03

Airtable’s Superagent AI-agent orchestration line, launched in January 2026, will be part of the acquired assets and serves over 500,000 organizations, including 80% of the Fortune 100.

THE CLUSTER

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