Retoolrevenue, valuation & funding
Low-Code Development PlatformsSan Francisco, CaliforniaFounded 2017CEO David Hsu
Retool is a software company that provides a low-code development platform for building internal tools and applications.
Retool revenue
Retool has not published its revenue. Sacra puts it at about $120M a year (October 2025).
All 6 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Jun 2020 | $7M | – |
| Jan 2021 | $30M | – |
| Nov 2022 | $73.5M | – |
| Nov 2023 | $93.5MEST. | GetLatka estimate |
| Oct 2024 | $138.6MEST. | GetLatka estimate |
| Oct 2025 | $120MEST. | Sacra estimate |
– source not recorded
Retool valuation
Retool is privately held, so there is no Retool stock to buy. Investors valued it at $3.2B in its July 2022 Series C2, led by Sequoia Capital.
Valuation history$3.2B Series C2 2022$925M M&A Offer 2020
Retool funding rounds & investors
Retool has raised $121M across four rounds since 2017. The latest was a $45M Series C2 in July 2022, led by Sequoia Capital.
| Date | Round | Raised | Valuation | Led by | Source |
|---|---|---|---|---|---|
| Jul 2022 | Series C2 | $45M | $3.2B | Sequoia Capital | TechCrunch |
| Jun 2020 | M&A Offer | $50M | $925M | – | |
| Jun 2019 | Series A | $25M | – | – | |
| Sep 2017 | Seed | $1M | – | – | |
| Total raised | $121M |
Retool competitors
Retool competes most directly with Internal.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
| Retool | $120M | $121M | 447 | 100 | 2017 |
 Internal | $1.5M | – | 28 | – | 2019 |
Retool CEO & employees
David Hsu is CEO of Retool. Retool has 447 employees (December 2025, reveliolabs.com estimate), up from 340 a year earlier.
- David HsuCEO
BoardRoelof Botha, Carl Eschenbach, Bryan Schreier
All 17 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2025 | 447EST. | reveliolabs.com estimate |
| Nov 2025 | 466 | |
| Oct 2024 | 340 | |
| Nov 2023 | 340 | – |
| Sep 2023 | 340 | – |
| 2023 | 343 | – |
| Nov 2022 | 272 | – |
| 2022 | 272 | – |
| Nov 2021 | 111 | – |
| Aug 2021 | 111 | – |
| Jan 2021 | 66 | – |
| Dec 2020 | 39 | – |
| Nov 2020 | 39 | – |
| Jun 2020 | 39 | – |
| Jun 2020 | 23 | – |
| Dec 2019 | 12 | – |
| Sep 2017 | 34 | – |
Retool FAQ
How much money does Retool make?
Retool has not published its revenue. Sacra estimates about $120M a year (October 2025).
How much is Retool worth?
Companies don't publish a net worth. The closest figure is Retool's valuation: $3.2B, set in Jul 2022.
Who owns Retool?
Retool is privately held by its founders, employees and investors, including Sequoia Capital.
Is Retool publicly traded?
No. Retool is a private company, so its shares are not listed on a stock exchange.
How much funding has Retool raised?
$121M across 4 rounds; the latest was a $45M Series C2 in July 2022.
Who is the CEO of Retool?
David Hsu.
How many employees does Retool have?
About 447 as of December 2025 (reveliolabs.com estimate).
Browse Low-Code Development Platforms
How this page is sourced
3 from public sources · 4 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Oct 7, 2026Data disclaimerReport a correctionClaim this profileRun Retool? Join the podcast