# Retool

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/retool

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.retool.com
- Total disclosed funding: $140M
- Latest round: Series C (Jul 27, 2022)
- Investors on record: 1

## About

Retool, Inc. is a software development platform that enables organizations to efficiently create and manage internal applications using a low-code approach, integrating various data sources and APIs.Founded in 2017 by David Hsu, Retool, Inc. is headquartered in San Francisco, US. The company specializes in providing a low-code platform for building internal software applications. In its journey, Retool has successfully raised USD 45 mn in Series C funding from Sequoia Capital as of July 2022 and a current company valuation of USD 3.2 bilion.Retool specializes in providing a low-code platform designed for building internal software applications efficiently. The core offering allows users, ranging from startups to large enterprises, to create applications, agents, and workflows using any large language model (LLM), data source, or API. The platform facilitates the integration of AI models with existing databases and tools, enabling users to develop solutions such as content moderation tools, document processing workflows, and custom agents. It is particularly beneficial for data teams seeking to create interactive dashboards and for operations teams aiming to streamline HR calibration tools and inventory management systems. Retool serves a diverse clientele across multiple geographical markets, including North America, Europe, and Asia, with over 10,000 companies utilizing its services to enhance operational efficiency and scalability.Retool's revenue model centers around subscription-based services, allowing clients to access the platform on a tiered pricing structure that caters to different organizational needs. The cost includes EUR 8 per month per standard user+ EUR 4 per month per end user for teams, and EUR 40 per month per standard user+ EUR 12 per month per end user for business.

## Funding rounds

- Series C, Jul 27, 2022, $45M — Hong Shan
- Series C, Dec 22, 2021, $20M — Hong Shan
- Series B, Oct 20, 2020, $50M — Hong Shan
- Series A, Apr 1, 2019, $25M — Hong Shan

## Investors

- Hong Shan — Series A, Series B, Series C