Retool Current · Verified less than 14 days ago · Last verified: Oct 8, 2026

Retool: $4.5B valuation, IPO Readiness 69, Series D. Retool is the low-code platform for building internal business tools and software — the fastest way to build i. Track live on The IPO Stack.

Series DEnterprise Softwarepre-ipo
69
/100
IPO Readiness Score
Grade C — Moderate IPO Readiness
TechStackIPO proprietary score based on funding scale, valuation, stage progression & momentum.
Track Retool →

Retool is the low-code platform for building internal business tools and software — the fastest way to build internal apps without hiring a development team. Valued at $3.2B with $400M raised, Retool serves 5,000+ companies including Amazon, DoorDash, and Peloton. Major SaaS IPO candidate as low-code internal tools become essential for enterprises replacing legacy admin panels.

Valuation
$4.5B
Total Funding
$145M
Stage
Series D
Sector
Enterprise Software
Headquarters
San Francisco, CA
CEO
David Hsu
IPO Status
pre-ipo

Funding History

September 2017
Seed
$4M
April 2019
Series A
$20M
May 2020
Series B
$50M
July 2021
Series C
$45M
July 2026
Series D
$250M
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Related Analysis

📊 IPO Readiness Stack 🏭 Enterprise Software Sector ⚖️ vs Canva ⚖️ vs Shein 📈 IPO Pipeline

Track Retool IPO timeline, funding rounds, investor activity, and valuation on TechStackIPO — the pre-IPO intelligence platform.

Frequently Asked Questions

When is Retool going public? +

Retool has not announced a specific IPO date as of 2026. Track TechStackIPO for the latest funding milestones and IPO signals. Subscribe to The IPO Stack newsletter for weekly updates.

What is Retool's current valuation? +

Retool is valued at $4.5B as of July 2021. This valuation is based on its most recent private funding round tracked by TechStackIPO.

How can I invest in Retool before IPO? +

Accredited investors can access Retool shares through secondary market platforms, pre-IPO investment funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace tracks available access options. Note: pre-IPO investments carry higher risk and limited liquidity compared to public market investing.

What is Retool's IPO Readiness Score? +

Retool scores 69/100 (Grade: C) on TechStackIPO's IPO Readiness Index. The score evaluates funding scale, valuation trajectory, funding momentum, stage progression, and company maturity. Scores above 70 indicate strong near-term IPO potential.

How much total funding has Retool raised? +

Retool has raised $145M in total venture capital and private equity funding, with backing from Y Combinator, Sequoia Capital, Elad Gil.

Who are Retool's key investors? +

Retool's notable investors include Y Combinator, Sequoia Capital, Elad Gil. Full investor details, funding round history, and lead investor breakdowns are available on TechStackIPO.

What sector is Retool in? +

Retool is a Enterprise Software company. Retool is the low-code platform for building internal business tools and software — the fastest way to build internal ap.

Full access — $49/mo