MoneyThe story, in brief
Bending Spoons to buy Airtable for $1.28B
$1.28B. Airtable goes from $11B peak to Bending Spoons acquisition — a 88% valuation collapse in five years.
The KeyNews take
Why it matters
Major no-code platform acquisition signals consolidation in the AI-augmented productivity layer. Airtable's decline reflects shifting investment away from standalone data tools toward integrated AI agents and copilots.
The key facts
6 to knowAcquisition price: $1.28B
Peak valuation (2021): $11B
Valuation decline: 88% from peak
Secondary market valuation (mid-2026): $4B
Buyer: Bending Spoons (Italian software acquirer)
Timeline: valuation collapse over 5 years
Go to the source
TechCrunch Startupstechcrunch.com
Publisher excerpt: At its peak in 2021, Airtable was valued at over $11 billion, but earlier this year, its shares were said to be trading on the secondary markets at a valuation of $4 billion.