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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.
Retool does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Retool will be known as it becomes public. Here are similar public companies: Dropbox (NAS: DBX), Okta (NAS: OKTA), VMware (NYS: VMW), Workday (NAS: WDAY), Atlassian (NAS: TEAM).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 10/20/2020 | Series B | $50MM raised | $XXX.XX | $XXX.XX |
| 4/1/2019 | Series A-1, A-2, A-3, A-4, A-5 and A-6 | $26.38MM raised | $XXX.XX | $XXX.XX |
Retool is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
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Retool is a private company and not publicly traded.
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