![]() Data sets may not be fully comprehensive (they only account for what is available on the web), but they can be used to gauge performance factors like staffing and sales. Thinknum tracks companies using the information they post online - jobs, social and web traffic, product sales, and app ratings - and creates data sets that measure factors like hiring, revenue, and foot traffic. A cross our index of SaaS companies, Airtable was the slowest to get from 0 to 10M ARR, and one of the fastest to get. That’s based on the 67x 2021 ARR multiple at which they were valued in their last round in March 2021 round (5.77B valuation at 85M in ARR). While Airtable appears to be on the rise now, it will still have to satisfy users and expand its user base in order to justify its valuation. We estimate Airtable’s ARR at 115M for a valuation of about 7.7B. ![]() Wrike, Asana, and Monday each boast substantially higher ratings (of nearly 4.5-out-of-5 or better) in the app store, while Airtable's rating lags far behind, at a 3.68. And, many have a big advantage over Airtable in the Google Play Store, judging by ratings. The good news is, that ratings in the Google Play Store ( $GOOG) have risen for Airtable, although its total ratings submitted over time lag behind many of the bigger competitors it faces.īut there's no shortage of workforce management tech startups playing in Airtable's space. Our tracking of Airtable's LinkedIn ( $MSFT) Employee Count shows headcount has grown more than 25% in 2020, as well. ![]() That Airtable hasn't slowed growth plans through the last month is compelling.Īnd, while it's still posting more jobs, Airtable is growing at the same time. The spreadsheet-database hybrid has seen job postings rise 50% so far this year - coming as many other startups were forced to cut back on growth plans after revenue dried up in the pandemic. Stacker could manage the user permissions and you could maintain control of the back end and make updates to the base structure as needed. An alternative is to create a client portal using Stacker. Airtable is up against myriad startups in the tech space, each vying for international companies' licensing fees, and competition is fierce. Having all of the users in the same base is problematic because Airtable permissions cannot hide data from collaborators on the same base. The global pandemic is forcing workforces to do more to collaborate digitally, and a flood of new users are coming to apps led by new industry upstarts and legacy tech players alike. “I’m motivated to encourage and support other companies to build a healthy environment because in the end, is one of the reasons that women leave tech,” she says.Cloud startup Airtable ( $PRIVATE:AIRTABLE) is reportedly weighing a new round of funding that would make the company's valuation as high as $4 billion. “You can see this in the numbers, and more diverse teams build better companies.” Sarbu’s thinking for Xata goes hand in hand, too, with the mission of her nonprofit, which now has 150 mentors. “Having a woman at the top attracts more diverse teams,” says Brescia, who joined Redpoint at the start of the year after a stint as an executive at GitHub. A 2021 report from VC firm Work-Bench found that less than 2% of enterprise tech startups that received funding included a woman cofounder, compared to 25% of startups overall. Such a boardroom composition is a rarity in tech, particularly in the space of developer tools. “We didn’t pick the highest valuation offer, but the one that we felt is best for building a long-term successful business,” Sarbu says. has closed a 735 million investment at a pre-money valuation of 11 billion, nearly twice the 5. Sarbu, Redpoint partner Erica Brescia and Index partner Erin-Price Wright together comprise Xata’s all-women board of directors. Sarbu describes the software as taking “the usability of Airtable, and it on top of a traditional database.” Xata offers a slew of engineering-minded capabilities such as serverless functionality, automatic scaling and “ACID transaction” properties to ensure the consistency and reliability of an operation in the database. But while Airtable has vaulted to an $11 billion valuation with the help of its ease of use, it is not equipped with the deep technical features desired by some developers. Particularly for fledgling companies, a traditional database can be complex to set up and maintain. In speaking to other software developers, the Romania-born CEO and founder says she found that many were using Airtable, a spreadsheet-database hybrid, instead of a traditional database in order to build applications. Sarbu, a software engineer by training, leads the 12-person team from Berlin. Xata is building database software specifically tailored for the needs of engineers and developers.
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