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Retool raises $45M at a $3.2B valuation

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Re: Retool raises $45M at a $3.2B valuation

#141

Congrats. We're big fans of Retool! We're a neobank and use Retool for all of our internal customer service, operations and compliance apps. Our subscription is now up for renewal and it looks like we're in for a big price increase as we transition from a handful of shared users to 50+ named users + granular permissions. We're still a very small startup ( Looking forward to continuing to build on Retool!

Would love to learn more about your neobank! Would you be open to sharing the name? For context, I work as a PM for a company that has launched a bank product on a baas. Always looking for ways to help improve our internal tooling :)

Sure, I'm the CTO at Sable (sablecard.com). Happy to chat more by email adam@sablecard.com

Re: Retool raises $45M at a $3.2B valuation

#145
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I'm sorry; we are actively working on our pricing model right now. (We today launched a 5-seats-for-free plan: https://retool.com/blog/new-free-plan-2022/ .) I think charging for end-users does make sense, but we need to think about exactly how much (as you note). Thank you for your feedback! Oh, while we are actively thinking about pricing, if Retool is out of budget for you, please do reach out to david AT. We are…

I think charging for end users does make sense too in the context of building internal tools, it just means that other use cases (e.g. building public apps) is not possible. Love retool! This new 5-seat plan will mean we can get started with Retool internally properly now on a trial basis, and hopefully upgrade in the future when we decide to roll it out! (Although there do seem to be some bugs with the new plan - it…

Hi there, super happy the new Free plan would work well for you!

I’d try visiting our billing page under settings/billing and see if you can select the free plan from there. If that doesn’t work, send me a note at antony@retool.com and we’d be happy to fix this.

Re: Retool raises $45M at a $3.2B valuation

#147
Question. I looked at the demos and the documentation. It seems like Retool can do low volume ETL. In my case, I want to pull Smartsheets data into Tableau which is our reporting tool. Is this an appropriate use case for Retool? Specifically, I want to use the Retool online version.

Re: Retool raises $45M at a $3.2B valuation

#148

Earlier quoted context omitted.

Indeed. I'd rather put my energy into solving unique business problems, rather than wiring up another standard table, form, or chart.

Why are the only options residing yourself to vendor lock-in or developing everything from scratch? There are plenty of open source tools, components, libraries, etc that can be used to speed up the pace of development without having a situation where you’re at the whim of your vendor because you’re unable to export your work into another form. I love the idea of creating tools that allow less technical people to bui…

As someone who has built software since 1999 across a variety of platforms, open and closed source, the amount of boilerplate you have to write to create the most common objects is still astounding, no matter how many open source libraries I pull in. (often the more you use, the worst it gets)

Also "vendor lock-in" occurs in open source. Most code that gets written day-to-day is written by developers who are not qualified to work on the underlying libraries they depend on. We are locked into our server frameworks, our database engines, our front-end frameworks, our authentication library, etc.

Re: Retool raises $45M at a $3.2B valuation

#149
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Earlier quoted context omitted.

I jumped on to see a demo and got stuck at the start where it wants me to add DB credentials. First thing is that I just wanted to fool around to see what I can do with it - it would be nice to have some playground DB for that instead of having to connect an existing set. Second thing - I'd be kind of hesitant giving access to my production DB to it this way. Do you consider adding some credentials store so I could f…

We have something for exactly this situation shipping very soon! Happy to give you beta access if you'd like to drop me a quick note from the email you signed up with (eeke@retool.com).

Well, no wonder your business has great traction when you are so involved :) Thank you for the invitation! I've just sent you a msg from an inbox starting with tylkointernet

Re: Retool raises $45M at a $3.2B valuation

#150

Congrats. We're big fans of Retool! We're a neobank and use Retool for all of our internal customer service, operations and compliance apps. Our subscription is now up for renewal and it looks like we're in for a big price increase as we transition from a handful of shared users to 50+ named users + granular permissions. We're still a very small startup ( Looking forward to continuing to build on Retool!

Hey there, this is Alex from the Retool team. Thanks again for being a Retool customer :)

Glad that Retool has been useful for your internal operations and support teams. I work with a number of our banking & fintech customers and would love to see what apps you've built.

I also want to make sure that you have what need as you head into renewal with more users. Mind shooting me an email so I can connect you with the right people? I'm alex[at]retool.com.

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