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Fundraising

Retool

Retool Raises $45M in Series D

San Francisco, CAOctober 13, 20252 min read
Employees
300+

Retool Raises $45M in Series D


Retool has successfully raised $45M in a Series D at a $3.2B valuation led by Sequoia Capital, Thrive Capital.


Company Overview


Retool is a SaaS company headquartered in San Francisco, CA, founded in 2017 with 300+ employees.


Low-code platform for building internal tools


Fundraising Details


  • Amount Raised: $45M
  • Round Type: Series D
  • Valuation: $3.2B
  • Date: 2025-10-13
  • Investors: Sequoia Capital, Thrive Capital

About Retool


Low-code platform for building internal tools The company is positioned in the SaaS sector, serving a growing market with innovative solutions.


Key Information


  • Headquarters: San Francisco, CA
  • Founded: 2017
  • Team Size: 300+
  • Industry: SaaS

What This Means


This funding round demonstrates strong investor confidence in Retool's vision and execution. The capital will likely be used to:


  • Scale Operations: Expand the team and operational capacity
  • Product Development: Enhance existing products and develop new features
  • Market Expansion: Enter new markets and strengthen presence in existing ones
  • Technology Investment: Invest in infrastructure and technology capabilities

Industry Context


The SaaS sector continues to attract significant investment as companies innovate to meet evolving market demands. Retool's successful fundraising reflects the strong fundamentals and growth potential in this space.


Valuation Milestone


Reaching a $3.2B valuation marks an important milestone for Retool, positioning the company among notable players in the SaaS industry.


Looking Ahead


With this new capital, Retool is well-positioned to execute on its growth strategy and continue building innovative solutions in the SaaS space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.


This fundraising news was reported on 2025-10-13. For more information about Retool, visit their headquarters at San Francisco, CA.

Company Info

Headquarters
San Francisco, CA
Founded
2017
Team Size
300+

Topics

Fundraising(2912)SaaS(830)Series D(266)Retool

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