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
What is Retool's revenue?
Sacra estimates Retool's revenue at about $120M a year (October 2025). The company hasn't published its own figure.
What is Retool's valuation?
Investors valued Retool at $3.2B in its July 2022 Series C2, led by Sequoia Capital, according to TechCrunch.
How much funding has Retool raised?
Retool has raised $121M across four funding rounds. The latest was a $45M Series C2 in July 2022, led by Sequoia Capital.
Who owns Retool?
Retool is privately held. Its lead investors include Sequoia Capital.
How many employees does Retool have?
Reveliolabs.com estimates Retool's headcount at about 447 (December 2025).
Who is the CEO of Retool?
David Hsu is the CEO of Retool.
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