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Airplane, founded in 2021 and based in San Francisco, California, operated as a developer platform for automating internal workflows. The company provided tools for developers to build applications with integrated APIs and custom components, supporting various databases and messaging platforms. Airplane raised a total of $40.5 million in funding during its operation.
In a significant development, Airplane was acquired by Airtable in January 2024. As a result of this acquisition, Airplane's product is scheduled to be shut down, with an end-of-life date set for March 1, 2024. The valuation of Airplane at the time of acquisition was not disclosed.
Given these recent events, there are currently no reports or rumors regarding Airplane's IPO prospects. The acquisition by Airtable and the subsequent shutdown of Airplane's product effectively eliminates any potential for a public offering in the foreseeable future.
For investors interested in the developer tools and workflow automation sector, it may be worth monitoring the progress of Airtable, the company that acquired Airplane, for potential investment opportunities in this space.
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first investment
*Terms and conditions apply. See details
While Airplane's IPO prospects remain uncertain, investors interested in the innovative software development space don't have to wait. At Linqto, we offer members access to interests in promising private companies before they go public. Our platform provides opportunities to invest in potential industry leaders like Airplane, with lower minimum investments than traditional private equity options. This allows you to diversify your portfolio and potentially benefit from the growth of cutting-edge tech companies before they hit the public markets.
*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.
