Retool was founded in 2017 by David Hsu. The company has not publicly endorsed plans to participate in an IPO.

Retool is a software development platform that allows businesses to build "bespoke" applications targeted at specific individuals. As of 2022, the company reports that more than 500,000 apps have been built on its platform. Retool has raised more than $100 million in venture capital funding from investors including Sequoia Capital, Y Combinator, Bond, Elad Gil, Patrick Collison, John Collison, Nat Friedman, and Jay Simons. The company was valued at $3.2 billion in 2022.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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To invest in Retool pre-IPO

Can you invest in Retool pre-IPO?

Retool is a privately held company and is not publicly traded, therefore investing in Retool pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of Retool before it goes public?

You can seek to sell your shares in Retool while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.

What is the pre-IPO value of my Retool shares?

To determine the value of your Retool shares, create a free account to gain access to Forge’s platform. In addition to the Forge Price, Forge Markets contains pricing information for hundreds of pre-IPO companies such as Last Closed Trade Price. A Private Market Specialist will also be available to assist you with any inquiries related to your Retool shares. You can also learn more about how to sell your private shares before getting started.

Is Retool a publicly traded company?

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

To learn more about Retool potential IPO

Will Retool go IPO?

Retool has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Retool’s IPO price?

The Retool IPO price does not exist at this time, as Retool is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Retool register for Forge Markets, today.

When was Retool founded?

Retool was founded in 2017.

What is Retool funding to date?

Retool has raised $76.38MM to date.

Who are Retool’s major investors?

Sequoia Capital
Y Combinator
Maverick Ventures
Liquid 2 Ventures
MAGIC Fund
Quiet Capital
CapitalX
Zillionize
HNVR Technology Investment Management

Retool Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
10/20/2020 Series B $50MM $xx.xx $993.34MM Sequoia Capital, Patrick Collison, Nat Friedman, John Collison
Price per Share
$xx.xx
Shares Outstanding
4,980,815
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sequoia Capital, Patrick Collison, Nat Friedman, John Collison
04/01/2019 Series A-6 $5.91MM $xx.xx $113.96MM Sequoia Capital
Price per Share
$xx.xx
Shares Outstanding
6,045,828
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sequoia Capital
04/01/2019 Series A-5 $407,993 $xx.xx $113.96MM Sequoia Capital
Price per Share
$xx.xx
Shares Outstanding
878,652
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sequoia Capital
04/01/2019 Series A-4 $852,980 $xx.xx $113.96MM Sequoia Capital
Price per Share
$xx.xx
Shares Outstanding
3,673,944
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sequoia Capital
04/01/2019 Series A-3 $111,010 $xx.xx $113.96MM Sequoia Capital
Price per Share
$xx.xx
Shares Outstanding
573,768
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sequoia Capital
04/01/2019 Series A-2 $553,993 $xx.xx $113.96MM Sequoia Capital
Price per Share
$xx.xx
Shares Outstanding
3,579,228
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sequoia Capital
04/01/2019 Series A-1 $18.53MM $xx.xx $113.96MM Sequoia Capital
Price per Share
$xx.xx
Shares Outstanding
17,466,576
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sequoia Capital
Updated on: Nov 17, 2024

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