Bending Spoons Acquisition Airtable Hits $1.285 Billion

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Bending Spoons is making its biggest move yet since going public, and this time the target isn’t a consumer app but a serious enterprise software name. The Milan-founded tech group has signed a definitive agreement to acquire Airtable, the no-code platform used by teams to organize data, run projects, and build custom workflows, in an all-cash deal worth $1.285 billion. The Bending Spoons acquisition Airtable marks a turning point for a company that has spent years buying up consumer apps and now appears ready to compete in enterprise software.

Key takeaways

Bending Spoons will acquire Airtable for $1.285 billion in an all-cash transaction, giving the deal an enterprise value at that level.
Including net cash and cash equivalents, the deal implies an equity value for Airtable of about $2.25 billion.
Airtable’s recurring annual revenue run rate grew more than 20% to reach approximately $480 million as of June 2026.
The acquisition is Bending Spoons’s first since its Nasdaq listing, with closing expected by the end of 2026.

Bending Spoons Acquires Airtable in a $1.285 Billion All-Cash Deal

The core of the announcement is straightforward: Bending Spoons is paying $1.285 billion, entirely in cash, to bring Airtable under its umbrella. That figure represents the platform’s enterprise value, a standard measure that reflects the total price for the operating business.

Transaction Valuation and Terms

Once Airtable’s existing net cash and cash equivalents are factored in, the numbers point to an equity value of about $2.25 billion. That gap between enterprise value and equity value tells its own story: Airtable is sitting on a substantial cash cushion, which raised the effective price tag well above the headline $1.285 billion figure. For a company that built its reputation on quick, cash-funded acquisitions of consumer apps, taking on a target with this kind of balance sheet and enterprise-grade customer base is a meaningful step up in scale.

Airtable’s Product and Financial Growth

Airtable has built its business around letting teams manage work without writing a single line of code, and that model has translated into fast, measurable revenue growth heading into this deal.

No-Code Platform Capabilities

Airtable is an online no-code platform that lets teams organize data, manage projects, and create customized workflows, all without needing developers or engineers. That positioning has made it popular across industries where teams need flexible databases and project tools that don’t require a dedicated tech department to maintain.

Revenue Growth Metrics

The financial case behind the deal rests on one number in particular: Airtable’s recurring annual revenue run rate climbed more than 20% to reach roughly $480 million as of June 2026. That’s a substantial growth rate for a company already operating at that scale, and it’s the kind of trajectory that tends to justify a premium purchase price. Why this matters for the broader market: it signals continued enterprise appetite for no-code workflow platforms even as competition in the space has intensified.

Impact and Vision from Leadership

Beyond the numbers, the deal carries strategic weight for both companies, and their chief executives were quick to frame it that way.

Bending Spoons’ Innovation Momentum

This is Bending Spoons’s first acquisition since its Nasdaq public listing, a detail that matters more than it might first appear. Public markets tend to scrutinize a newly listed company’s first major capital deployment closely, and choosing an enterprise software platform over another consumer app suggests a deliberate shift in strategy. “The union with Bending Spoons will give further momentum to innovation,” said Luca Ferrari, CEO and co-founder of Bending Spoons, pointing directly to Airtable’s growth as evidence of what the deal can build on.

Airtable’s AI-Native Platform Vision

For Airtable, the deal is framed less as an exit and more as fuel for what comes next. “The partnership with Bending Spoons offers us the resources and long-term commitment to advance our vision with even more ambition, while we build the AI-native platform of the future,” added Howie Liu, co-founder and CEO of Airtable. That language matters: it signals that Airtable’s roadmap is shifting toward artificial intelligence baked directly into its workflow tools, rather than treated as a bolt-on feature. The closing of the transaction is expected by the end of 2026, giving both companies a defined runway to plan integration before the deal is finalized.

Why this matters for the industry: a company known for scooping up consumer-facing apps is now betting on enterprise workflow software with an AI angle, a combination that could reshape how investors view Bending Spoons’s post-listing strategy going forward.