He says that while the company isn't profitable today, that's a conscious choice, and never wants to expand beyond its ability to quickly achieve profitability. He says that the company has tried to be thoughtful about its growth, and hasn't wanted to hire beyond its means. Liu says that the timing of this expansion is very intentional. Investors in previous rounds include Caffeinated Capital and CRV Controlled growth
AIRTABLE HEADQUARTERS SERIES
Each office serves a tactical purpose, he suggests: By opening an engineering hub in Mountain View, south of San Francisco, it will be able to hire more engineers to develop the new core product.Īustin, meanwhile, came as a recommendation from Zoom CEO Eric Yuan - Liu says that Yuan recommended that Airtable open an office outside of the San Francisco Bay Area for marketing and sales staff, as soon as possible.Īirtable has raised $170 million in funding to date, and its most recent Series C round of $100 million in 2018 was led by Thrive Capital, Benchmark, and Coatue Management, according to Pitchbook. Liu said the company had grown to size where it needed to look beyond the talent pool in San Francisco.
The office in Mountain View will be focused on growing the engineering and product teams, and the office in Austin will be focused on customer engagement. The new offices will be located in Mountain View, CA - not far from Google's headquarters - and Austin, TX, and the company has already hired new executives to help build out each location. "It was continuing to grow the team in a kind of similar trajectory, or at a similar pace, to the natural pace of the business." "A lot of the headcount growth was just keeping up with the natural pull of the business and we're fortunate enough to have this bottom-up growth engine that allows us to scale our customer base fairly efficiently," Liu told Business Insider. To keep pace with that rapid rate of growth, San Francisco-based Airtable is opening up two new offices and hiring about 140 employees in the next 18 months across the new locations.
Next up, Liu is looking to prepare for the company's next stage.Īlthough he declined to give specific numbers, Liu said that the company's revenues have quadrupled in the two years or so since Airtable raised its Series C round of $100 million in 2018.
AIRTABLE HEADQUARTERS HOW TO
He wanted to create a tool that would let anyone, even people who don't know how to code, create software and applications that could help them work better and more efficiently.īilled as a hybrid between a traditional Microsoft Excel-style spreadsheet and a proper database, Airtable - now valued at over $1 billion - has found a base of fans who use it for everything from project management, to productivity, to spreadsheets. When Howie Liu started Airtable over seven years ago, he says he had one goal: make software more accessible to more people. Right now, however, it's focused on growth.
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