Retool
Valuation
$3.2B
2024 Revenue
$138.6M
Customers
100
Funding
$76M
YOY
48.2%
Avg ACV
$1.4M
Team
466
Founded
2017
How Retool CEO David Hsu grew Retool to $138.6M revenue and 100 customers in 2024.
Retool is a software company that provides a low-code development platform for building internal tools and applications. Their platform enables businesses to build custom interfaces for their internal data sources and APIs without having to write code from scratch. Retool's customers include companies such as DoorDash, Peloton, and Plaid. The company was founded in 2017 and is headquartered in San Francisco, California.
Last updated
Retool Revenue
In 2024, Retool's revenue reached $138.6M. The company previously reported $93.5M in 2023. Since its launch in 2017, Retool has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Retool Hit $138.6m revenue in October 2024 | |
| 2023 | Retool Hit $93.5m revenue in November 2023 | |
| 2022 | Retool Hit $73.5m revenue in November 2022 | |
| 2021 | Retool Hit $30m revenue in November 2021 | |
| 2021 | Retool Hit $30m revenue in January 2021 | |
| 2020 | Retool Hit $7m revenue in June 2020 | |
| 2017 | Launched with $0 revenue |
Retool Valuation, Funding Rounds
Retool reached a $3.2B valuation in 2020, set during its M&A Offer round.
Retool has raised $76M in total funding across 3 rounds, most recently a $50M M&A Offer round in 2020.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2020 | M&A Offer | $50M | $925M | 5% | |
| 2019 | Series A | $25M | - | - | |
| 2017 | Seed Round | $1M | - | - |
Retool Employees & Team Size
Retool employs approximately 466 people as of 2026, up from 340 in 2024.
Retool has 466 total employees in different roles and functions and 68 sales reps that carry a quota. They have 100 customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2025 | Reached 466 employees (November 2025) |
| 2024 | Reached 340 employees (October 2024) |
| 2023 | Reached 340 employees (November 2023) |
| 2023 | Reached 340 employees (September 2023) |
| 2023 | Reached 343 employees (January 2023) |
| 2022 | Reached 272 employees (November 2022) |
| 2022 | Reached 272 employees (January 2022) |
| 2021 | Reached 111 employees (November 2021) |
| 2021 | Reached 111 employees (August 2021) |
| 2021 | Reached 66 employees (January 2021) |
| 2020 | Reached 39 employees (December 2020) |
| 2020 | Reached 39 employees (November 2020) |
| 2020 | Reached 39 employees (June 2020) |
| 2020 | Reached 23 employees (June 2020) |
| 2019 | Reached 12 employees (December 2019) |
| 2017 | Reached 34 employees (September 2017) |
Founder / CEO
David Hsu
David Hsu is the Founder & CEO @ Retool, the company that allows you to build internal tools, remarkably fast. David has raised over $69M with Retool from the very best in startups including Sequoia, YC, Patrick and John @ Stripe, Henrique & Pedro @ Brex, Paul Graham, Nat @ Github, Peter @ Segment, Tomer @ Gusto and Elad Gil to name a few incredible names. Today Retool works with some of the biggest companies in the world from Amazon to Volvo to Mercedes Benz.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Retool acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Retool
What is Retool's revenue?
Retool generates $138.6M in revenue.
Who is the CEO of Retool?
The CEO of Retool is David Hsu.
How much funding does Retool have?
Retool raised $76M.
How many employees does Retool have?
Retool has 466 employees.
Where is Retool headquarters?
Retool is headquartered in San Francisco, California, United States.
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Compare Retool to the industry
Retool operates across multiple industries. Browse revenue, funding, and growth data for Retool in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .