Founded Year

2017

Stage

Series C - II | Alive

Total Raised

$140.12M

Valuation

$0000 

Last Raised

$45M | 3 yrs ago

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-26 points in the past 30 days

About Retool

Retool focuses on accelerating the creation of internal software within various business sectors. The company offers a suite of tools that enable drag-and-drop interface design, workflow automation, mobile app development, and integration with databases and external applications. Retool primarily serves engineering teams in startups and Fortune 500 companies, providing solutions that enhance developer productivity and enterprise-scale deployment. It was founded in 2017 and is based in San Francisco, California.

Headquarters Location

1550 Bryant Street

San Francisco, California, 94103,

United States

650-248-3695

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ESPs containing Retool

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Enterprise Applications

The project management software market offers businesses a solution to effectively manage and track projects from start to finish. Project management software provides tools for scheduling, budgeting, task management, and collaboration, helping teams work together more efficiently and effectively. Additionally, project management software can integrate with other business applications, such as cus…

Retool named as Challenger among 15 other companies, including Atlassian, GitLab, and monday.com.

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Expert Collections containing Retool

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Retool is included in 1 Expert Collection, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,270 items

Latest Retool News

At Retool, Developers ‘Move Uncomfortably Fast’ and Adapt to Macro Trends to Change How Software Is Built

Apr 10, 2025

Built In met with three Retool employees across the company to learn how they went from offering a single product to a full suite of solutions. Written byBuilt In Staff Published on Sep. 15, 2023 Close-up photo of software developer's hands on laptop keys with two computer screens in background showing code Bob Nisco’s favorite class in college was “The Theory of Programming Languages.” So you can imagine his excitement when, during the interview process at Retool, he heard one of its employees say working at Retool was like “building a programming language.” Nisco was interviewing for a software engineer role, and it was at that moment he realized what working at Retool meant to the industry. “This simple sentence made me realize that problems at Retool would not only be intellectually interesting, but also a massive opportunity for shaping the way software is built across the industry,” Nisco said. Retool, a development platform for building business software, allows users to visually design apps that interface with any database or API, and switch to code to customize how their apps look and work. According to Nisco, since joining the team, his initial impression of working at Retool was correct. Since January 2023, Retool has gone from a single-product company (essentially a front-end UI layer) to a service suite of products that developers rely on to build software, and ships like Retool Mobile, Workflows, Database, Embed and other features have gotten the team closer to achieving their mission of changing how software is built. Currently, thousands of teams at household names like Amazon, DoorDash, Peloton and Brex collaborate around custom-built Retool apps to solve internal workflows. The best part? Retool’s just getting started. “There’s something unique about our ability to move uncomfortably fast and adapt to macro trends in the market,” Nisco said. Built In spoke with three Retools across the company to learn how they use collaboration, continuous customer feedback and agility to increase the velocity by which they ship, build, and ultimately, delight customers. What Makes Working at Retool Different With over half a decade of go-to-market experience, Sally Kim joined Retool just over a year ago. In her role as GTM enablement leader, she is responsible for empowering all of Retool’s customer-facing teams across sales and success with the knowledge, skills, processes and tools needed to deliver a world-class experience at every part of the customer journey. Working at Retool feels markedly different from Kim’s past employers, however. There is an accelerated velocity to product launches that is exhilarating to be a part of. “The enablement team is hard at work keeping up with the pace of innovation and driving field readiness for each new feature and product line,” Kim said. In order to be successful, collaboration is required. Kim said her team works closely with engineering, product, design and product marketing to scope out the customer impact of each launch and determine the rollout and field adoption plan. “We work with our designated GTM liaisons to tailor training content, field guides, demos and any other customer-facing assets for resonance with our field teams,” Kim added. The need for agility is exciting, however, and rooted in Retool’s focus on its customers, said David Dworsky, a product manager. “We’ve set an explicit intention to be a platform that developers depend on to build software incredibly quickly,” Dworsky said. “This means investing in small teams to make new bets, fast.” It also means getting things in front of customers in their earliest phases. “We want to make sure we understand our customers’ biggest pain points and that we’re solving important customer problems before doubling down on any initiative, so we try to show prototypes to our customers early and often and let their feedback drive our product development process,” Dworsky said. The need for continuous client feedback has led to a recent shift to product planning in six-week cycles, rather than quarterly or annually, which is what you’d find at many other companies. “This creates a virtuous cycle of product development,” Nisco said. “We figure out the most pressing needs from customers, build and ship a high-quality solution, monitor its impact via observability, then learn and iterate based on feedback.” The tight loop keeps the team agile. “Customers get value sooner, and we get feedback quicker,” Nisco said. “It’s a win-win for everyone!”

Retool Frequently Asked Questions (FAQ)

  • When was Retool founded?

    Retool was founded in 2017.

  • Where is Retool's headquarters?

    Retool's headquarters is located at 1550 Bryant Street, San Francisco.

  • What is Retool's latest funding round?

    Retool's latest funding round is Series C - II.

  • How much did Retool raise?

    Retool raised a total of $140.12M.

  • Who are the investors of Retool?

    Investors of Retool include Sequoia Capital, Patrick Collison, Nat Friedman, John Collison, Elad Gil and 14 more.

  • Who are Retool's competitors?

    Competitors of Retool include ZORP, Dashcomb, Tachyonix, OutSystems, Superblocks and 7 more.

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Compare Retool to Competitors

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Superblocks

Superblocks is a low-code platform for enterprise application development. The company offers tools to build internal applications using a drag-and-drop interface, artificial intelligence (AI) integration, and the ability to extend applications with code. Superblocks serves the enterprise software development sector, providing tools for internal app development, workflow automation, and data management. Superblocks was formerly known as Blockie. It was founded in 2021 and is based in New York, New York.

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Appsmith

Appsmith offers an open-source low-code application platform that allows for custom application development across business sectors. Its platform provides users with tools for building applications using drag-and-drop User interface (UI) and JavaScript customization, requiring some coding knowledge. It serves full-stack and backend developers, systems administrators, and data teams looking for application development and integration solutions. It was founded in 2019 and is based in San Francisco, California.

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DronaHQ

DronaHQ is a low-code platform that facilitates the development of custom applications and internal tools for various business functions. The company provides tools such as a visual drag-and-drop builder, API and database integrations, and features for mobile app development. DronaHQ serves sectors such as BFSI, retail, manufacturing, and healthcare, offering solutions for internal apps and custom portals. It was founded in 2007 and is based in Mumbai, India.

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Oriana

Oriana specializes in end-to-end back office digitalization through its low-code platform, catering to various business sectors. The company offers solutions including HR management, contract management, compliance management, records management, procurement management, and workflow management, which are intended to improve back office processes. Oriana's platform allows for the creation of custom applications to address different business needs. It was founded in 2012 and is based in Budapest, Hungary.

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UI Bakery

UI Bakery is a low-code platform designed to facilitate the rapid development of custom internal tools and applications. The platform offers a drag and drop interface builder, workflow automation, and Git version control integration, enabling developers to streamline the app creation process. UI Bakery's solutions cater to various sectors, including healthcare, SaaS, finance, government, and ecommerce, by providing specialized apps, dashboards, admin panels, and customer portals. It was founded in 2018 and is based in Lakewood, Colorado.

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Kisai is an enterprise application development platform that focuses on code generation and low code maintenance. The platform provides services including code generation, integration of backend and frontend code, and supply chain security, allowing developers to create and manage applications. Kisai's customers include developers and enterprises aiming to update their applications with AI. It was founded in 2022 and is based in Hyderabad, India.

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