US platform for quickly building internal business applications.
Around 411 people on the team.
Retool, a US DevTools platform for quickly building internal business applications, has raised $65M across 2 rounds and carries a network centrality (connection score) of 45. Its cap table is anchored by Sequoia Capital alongside individual backers Patrick Collison, John Collison, Nat Friedman, and Jay Simons. Through shared investors it links most closely to SendCutSend and Keen Technologies (3 common investors each), and more loosely to MatX and Entrepreneur First (2 each). That places Retool in a Sequoia and founder-angel cluster (the Collison brothers, Nat Friedman) that spans hardware and frontier-AI bets like Keen Technologies and MatX, with the company itself running a 411-person team concentrated in the San Francisco Bay Area (30%) and Austin (10%).
| Date | Round | Amount |
|---|---|---|
| Jul 2022 | Series C US app-development platform Retool raised $45m in Series C2 funding (Sequoia, Stripe founders, Nat Friedman) at a $3.2bn valuation. | $45M |
| Dec 2021 | Series C Retool raised a $20m Series C, deliberately kept small, with backing from Stripe founders John and Patrick Collison, Nat Friedman and Jay Simons; the company was valued at $1.85bn. | $20M |
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