About

Founded

2017

Headquarters

San Francisco, California

Industry

Dev Tools, SaaS, No-Code & Low-Code

Company Description

Retool is a development platform for building custom business software 10x faster than coding from scratch. With Retool, developers build their backlog of apps and features—admin panels, CRUD apps, frontends for APIs, support dashboards, customer portals, and more—in days, not months.

Quick Links

Website Jobs

Funding

Total Raised

$141 million

Valuation

$3.2 billion

Significant Investors

Sequoia Capital, Elad Gil

Company Traction

500,000+ apps have been built on Retool. Retool’s customers include Brex, Coinbase, Plaid, Amazon, Allbirds, Rakuten, Peloton, Mercedes Benz, Volvo, and Jaguar Land Rover.

It took Snowflake 60% dilution to get from a valuation of $260 million to $3.55 billion. In comparison, it took Retool around ~9% dilution to achieve a similar rise in valuation.

Leadership Team

David Hsu: Founder & CEO of Retool.

Mark Schaaf: COO at Retool. Former CTO at Instacart.

Ryan Lucas: Head of Design at Retool. Former Head of Design & Product at CrossFit.

Snir Kodesh: Head of Engineering at Retool. Former Senior Director of Engineering at Lyft. ‍

Paul Goodman: Head of Sales at Retool. Former GTM Leadership at Mapbox.

Press

TechCrunch (November 15, 2022): Retool launches Workflows to go beyond the front end

TechCrunch (July 28, 2022): Retool raises $45M at a $3.2B valuation to make building custom software as easy as buying off the shelf‍

Retool Blog (December 22, 2021): Raising less money at lower valuations

Retool