Retool

Low-code platform for building internal tools and business apps on top of production data sources.

DevTools 📍 San Francisco, USA Founded 2017

Current Valuation

$3.2B

as of 2022-Q4

UNICORN

Retool gives engineers a drag-and-drop canvas plus a code escape-hatch to assemble internal admin panels, dashboards, and workflows on top of databases and APIs. The company grew ARR from $93.5M (2023) to $138.6M (2024) and is layering AI agents on top of its app-builder core. Last priced at $3.2B in a 2022 down-round-adjacent Series C2.

Company Profile

CEO

David Hsu

Founded

2017

San Francisco, USA

Employees

~400

Total Raised

$141M

Est. Revenue

$139M (2024-Q4)

Growth

~48% YoY

Last Round

Series C2 — $45M (Dec 2022) · Lead: Sequoia Capital

IPO Status

private

Founders & Key People

David HsuSnir Kodesh

Investors

Sequoia Capital · Greenoaks · Elad Gil · Nat Friedman · Daniel Gross · Y Combinator

Products

Retool (app builder)
Retool Workflows
Retool Mobile
Retool AI
Retool Agents

Competitors

Bubble · Airplane · Internal · Appsmith · Mendix · OutSystems

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