Retool
Retool is a low-code platform for building internal tools and AI applications using a drag-and-drop interface and pre-built components.
Secondary Market Price
Secondary Market Price
How Retool Measures Up
To help you manage your Retool equity, Prospect has run the company through our machine learning model.
Prospect Rating
2X
Our analysis gives Retool a 2x rating, meaning we project it will be worth at least double its current valuation in four years. For a prospective employee, this rating suggests that the value of any equity you receive could also double in that timeframe.
Exit Risk
Low Risk
Our 'Low Risk' rating for Retool is based on its status as a category leader that is backed by top investors, scaling quickly, and has fundraised since the market downturn, suggesting a stronger likelihood of a liquidity event for its employees compared to other startups.
Funding Stage
Series C-2
Retool's Series C-2 funding stage means it's a well-established company that has moved past the initial risks of a brand-new startup. For a potential employee, this translates to a more stable environment that still offers plenty of opportunity for individual growth and impact.
Secondary Market Price Chart
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Prospect Projected Future Retool Prices
Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for Retool's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.
Powerful tools to earn more from your equity
Company Description
Retool is a development platform for building custom internal business software. It enables developers to create tools like admin panels, dashboards, and data-driven applications using a visual, drag-and-drop interface with over 90 pre-built components and various templates. The company has recently positioned its product as an application layer for artificial intelligence, allowing users to build applications, agents, and workflows that connect to large language models and other data sources. Founded in 2017 by David Hsu, the San Francisco-based company has grown to serve over 10,000 businesses, including Amazon, Stripe, and DoorDash, with over 500,000 applications built on its platform.
Looking forward, Retool plans to expand its offerings from internal tools to also support the development of customer-facing applications. The company's product roadmap is heavily focused on AI, underscored by recent launches like Retool Agents, for building AI agents, and Retool Workflows, a feature for process automation. To support this, Retool has partnered with companies like Temporal Technologies for workflow orchestration and enabled integrations with services such as GitHub and Linear. The company also announced its first-ever Retool Summit, an event signaling major platform updates and featuring a discussion with Stripe CEO Patrick Collison.
- Sequoia Capital
- Y Combinator
- Elad Gil
- Nat Friedman
- Stripe
- Patrick Collison
- John Collison
- Co-Founder, CEO David Hsu
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Retool worth joining?
With strong growth metrics, major enterprise customers, and an ambitious product roadmap, Retool presents an attractive opportunity for prospective employees. To better understand the potential value of a job offer, you can use a platform like Prospect to evaluate what your equity might be worth.
What should I do with my Retool stock?
Managing equity in a private company like Retool involves complex decisions around exercising options and planning for taxes. Resources like Prospect offer tools to help you create personalized strategies for your stock options and minimize potential tax burdens.
Can you sell Retool stock?
As Retool is a private company, its stock is not traded on public exchanges like the NYSE or NASDAQ. However, employees may be able to sell shares on secondary markets, and platforms like Prospect can provide data on secondary market prices and tax-optimal selling strategies.
How can I find the value of my Retool stock?
The value of private company stock is typically determined by the company's most recent valuation or the price set in its latest funding round, which for Retool was $3.2 billion in 2022. For a more detailed analysis of what your specific equity grant could be worth, you can use an equity calculator that models various outcomes based on company performance and market data.
What is Retool's equity worth?
As of its last funding round in 2022, Retool was valued at $3.2 billion. The worth of an individual's equity depends on their specific grant, and platforms like Prospect provide data-driven projections to help you understand its potential value.
What is Retool's stock ticker symbol?
Retool does not have a stock ticker symbol because it is a private company. Ticker symbols are only assigned to companies whose shares are listed and traded on public stock exchanges.
Can I buy or sell Retool stock?
Since Retool is a private company, buying its stock is generally restricted to accredited investors and venture capital firms during specific funding rounds. Selling stock may be possible for employees through secondary markets, and resources like Prospect can offer insights into this process.
What is the criteria to buy or invest in Retool stock?
Investment opportunities in private companies like Retool are typically not open to the general public. Participation is usually limited to institutional investors, venture capital firms, and accredited investors who are invited to join specific funding rounds.
