About Retool
Retool is a company based in San Francisco (United States) founded in 2017 by David Hsu.. Retool has raised $135.27 million across 7 funding rounds from investors including Sequoia Capital, Patrick Collison and John Collison. The company has 124 employees as of December 31, 2021. Retool offers products and services including Apps, Workflows, Database, and Mobile. Retool operates in a competitive market with competitors including Airtable, Stacker, Kissflow, DronaHQ and Appsmith, among others.
- Headquarter San Francisco, United States
- Employees 124 as on 31 Dec, 2021
- Founders David Hsu
- Stage Unicorn
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$135.27 M (USD)
in 7 rounds
-
Latest Funding Round
$45 M (USD), Series C
Jul 28, 2022
-
Investors
Sequoia Capital
& 11 more
-
Employee Count
124
as on Dec 31, 2021
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Retool
Retool offers a comprehensive portfolio of products and services, including Apps, Workflows, Database, and Mobile. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tool for creating custom internal software applications
Platform for scheduling and triggering data processes
Integration tool for connecting and querying databases
Solution for building mobile applications quickly
Unlock access to complete
Unlock access to complete
Funding Insights of Retool
Retool has successfully raised a total of $135.27M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $45 million completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series C — $45.0M
-
First Round
First Round
(22 Aug 2017)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Series C - Retool | Valuation | Sequoia Capital | |
| Dec, 2021 | Amount | Series C - Retool | Valuation | Sequoia Capital | |
| Jul, 2021 | Amount | Series B - Retool | Valuation | Magic Fund |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Retool
Retool has secured backing from 12 investors, including venture fund and angel investors. Prominent investors backing the company include Sequoia Capital, Patrick Collison and John Collison. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Sequoia Capital is engaged in venture capital investments.
|
Founded Year | Domain | Location | |
|
Early-stage startups are accelerated via funding and educational programs.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on multiple sectors
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Retool
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Retool
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Retool Comparisons
Competitors of Retool
Retool operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Airtable, Stacker, Kissflow, DronaHQ and Appsmith, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud and AI based low code workflow and app development platform
|
|
| domain | founded_year | HQ Location |
Online platform to convert spreadsheet data to enterprise applications
|
|
| domain | founded_year | HQ Location |
Cloud-based low-code platform enables enterprise application building.
|
|
| domain | founded_year | HQ Location |
Internal tools are developed via a cloud-based low-code platform.
|
|
| domain | founded_year | HQ Location |
Open-source low-code platform for custom application building is developed.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Retool
Frequently Asked Questions about Retool
When was Retool founded?
Retool was founded in 2017.
Where is Retool located?
Retool is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Retool?
David Hsu is the current CEO of Retool. They have also founded this company.
Is Retool a funded company?
Retool is a funded company, having raised a total of $135.27M across 7 funding rounds to date.
How many employees does Retool have?
As of Dec 31, 2021, the latest employee count at Retool is 124.
What does Retool do?
Retool was founded in 2017 in San Francisco, United States, as a low-code platform in the software development sector. Internal tools such as admin panels and dashboards are built using drag-and-drop interfaces, pre-built components, and templates for customization. Databases and APIs are queried through the platform to support creation of web and mobile applications for operational needs.
Who are the top competitors of Retool?
What products or services does Retool offer?
Retool offers Apps, Workflows, Database, and Mobile.
Who are Retool's investors?
Retool has 12 investors. Key investors include Sequoia Capital, Patrick Collison, John Collison, Nat Friedman, and Elad Gil.
What is Retool's valuation?
The valuation of Retool is $3.2B as of Jul 2022.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.