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Top 31 ALM Software Suites Companies (August 2026)

As of August 2026, Latka tracks 31 ALM software suites companies. They have combined revenues of $178.2M and employ 1.1K people. They have raised $69.1M and serve 912.9K customers combined.

Every company below sells ALM software suites to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What ALM Software Suites Companies do

Application Lifecycle Management (ALM) Software Suites are comprehensive platforms designed to manage the entire lifecycle of an application, from conception to retirement. These suites typically encompass a variety of functionalities including project management, requirements management, development, testing, and release management. The integration of these features facilitates improved collaboration among teams, ensuring that all stakeholders are aligned throughout the development process. Users of ALM software are primarily found within IT departments, software development teams, and project management offices. They are often responsible for overseeing software projects, tracking progress, and ensuring that software is developed according to requirements and best practices. By providing tools for enhanced visibility and traceability, ALM software helps businesses to mitigate risks and improve the quality of their applications. Typical workflows supported by ALM software include requirement gathering, sprint planning, defect tracking, and deployment. These workflows enable teams to adapt to changes quickly while maintaining consistency and quality throughout the development cycle. In addition, common buyer personas include IT managers, software developers, and business analysts who need to work collaboratively on software development initiatives.

Companies
31
Revenue
$178.2M
Funding
$69.1M
Employees
1.1K

Filters

Sorting: Highest -> Lowest

Filters

Top ALM Software Suites Companies by revenue

Showing 10 of 31 companies ranked by annual revenue.

1AutoRABIT logo
AutoRABIT

San Ramon, California, United States

Salesforce release management solution

Revenue
$40M
Year founded
2015
Funding
$53M
Team size
229
2Propel Software logo
Propel Software

Santa Clara, California, United States

Unifying teams, processes and information with a continuous product thread and embedded collaboration from concept to customer

Revenue
$25M
Year founded
2015
Team size
129
3Shortcut Software Company logo
Shortcut Software Company

New York, New York, United States

Shortcut is a fast, uncluttered project management platform for Agile software teams to plan, build, and launch better products. It combines just the right amount of simplicity and structure to keep software teams happy and productive. Free for up to 10 users.

Revenue
$21M
Team size
70
4Inflectra logo
Inflectra

Silver Spring, Maryland, United States

software development and application lifecycle management

Revenue
$20.4M
Customers
5.5K
Year founded
2006
Team size
27
5Digité logo
Digité

Cupertino, California, United States

Digité, Inc. is a leading provider of Visual Project Management and Lean/ Agile Application Lifecycle Management products and solutions for the Global Delivery Model

Revenue
$10M
Customers
900K
Year founded
2002
Team size
221
6Kovair Software logo
Kovair Software

Menlo Park, California, United States

Kovair Software is a Silicon Valley software products company specializing in the domain of Software Product Development tools and solutions and supports global software development and management through Value Stream Management Platforms – VSMP. Kovair’s focus on integrating third-party best-of-breed ALM and various other tools such as PLM, PPM, ERP, CAD, CRM, ITSM, Test Management and other Applications enables the creation of products in a synchronized tools environment through its Omnibus Integration Platform. Now with its recent addition of DevOps and DevSecOps capabilities, it has a full offering of product development tools in multiple domains enabling high-quality product development and digital transformation for corporations. Kovair’s flagship products Omnibus Integration Platform, Kovair DevSecOps and DevSecOps, Kovair ALM, PPM and QuickSync, are highly preferred solutions for some of the major corporations globally. Who uses our products: Our business products are of B2B type and cater to the software development industry across various verticals – BFSI, Manufacturing, Networking, Telecom, Defense, IT Consulting and more. Independent Software Vendors – ISVs, Software product development and project management companies use Kovair’s ALM platform and integration solutions to develop or manage software applications for commercial or in-house purposes.

Revenue
$8.8M
Year founded
2000
Team size
80
7Ketryx logo
Ketryx

Cambridge, Massachusetts, United States

Ketryx is the first and only connected application lifecycle management software for the life sciences industry. Our automation-based software enables companies building FDA-regulated software and AI-based applications to accelerate development through modern cloud-based tools while improving quality and compliance. Ketryx creates a real-time, and traceable, single source of truth by overlaying product development tools and connecting all items, risks, code, and tests. Teams reduce their time to market with automated documentation and improve their quality and compliance through the enforcement of SOPs across connected systems.

Revenue
$6.8M
Year founded
2021
Team size
62
8Plutora logo
Plutora

San Francisco, California, United States

value stream management platform

Revenue
$6.4M
Year founded
2012
Team size
24
9Craft.io logo
Craft.io

Tel Aviv, Israel

Developer of product development and management tools intended to help businesses to develop goal-driven products. The company's tools turn plans into action by prioritizing and assigning work items to teams and customize each team's workflow to define the process, enabling clients to track the progress of their products and efficiently plan and manage their processes in an agile environment.

Revenue
$6M
Customers
1K
Year founded
2015
Funding
$8M
Team size
27
10Modern Requirements logo
Modern Requirements

Toronto, Ontario, Canada

Modern Requirements (formerly eDev Tech) is a requirements lifecycle solutions company. It is dedicated to helping clients effectively define, manage, and collaborate on requirements, while continuously managing projects throughout their life, reducing time to market and improving project quality. By providing the most comprehensive and insightful software requirements platform in the market, Modern Requirements’ mission is to successfully optimize client product and system development lifecycles. Founded in 1999, with its headquarters in Toronto, Canada, Modern Requirements has decades of requirements development expertise. It prides itself in deeply understanding each client’s product development environment and being uncommonly responsive to addressing clients’ unique challenges. Modern Requirements supports clients worldwide, in their respective time zones, from its North American and Asian offices, as well as through its network of global partners. As a general rule, software development projects run over time and over budget. This is caused by inherent miscommunication between diverse groups working together to create an application. Ineffective methods for translating and converging business needs with IT needs, quickly and efficiently, play a role as well. Modern Requirements enables its clients to concentrate on developing more applications that further assist business operations, by improving productivity, reducing development time, maintaining project budgets and ensuring a rich user experience. Modern Requirements’ tools are continually ranked at the top Seilevel’s requirements tool studies, which are the most comprehensive in the industry. It has also been cited as a top requirements platform by Forrester Research, and has been favorably mentioned on numerous occasions by Gartner and other top analyst firms.

Revenue
$5.9M
Year founded
1999
Team size
54

Frequently asked questions about ALM Software Suites Companies

How many ALM software suites companies are there?

Latka tracks 31 ALM software suites companies with reported revenue. Together they generate $178.2M in annual revenue and employ 1.1K people.

Which ALM software suites company is the largest?

AutoRABIT is the largest, with $40M in annual revenue, founded in 2015.

How much revenue does a typical ALM software suites company make?

The average ALM software suites company in this list makes $5.7M a year, across 31 companies with reported revenue. They serve 912.9K customers combined.

Who are the leading ALM Software suites vendors?

Ranked by annual revenue, the leaders are AutoRABIT, Propel Software, Shortcut Software Company, Inflectra and Digité.

How much funding have ALM software suites companies raised?

The 31 ALM software suites companies tracked here have raised $69.1M in disclosed funding between them.

Related Development Software categories

Inclusion Criteria

- Must provide integrated functionalities for managing application development from start to finish. - Should include project management tools to assist in planning and tracking progress. - Must offer features for requirements management and change tracking. - Should support testing and quality assurance functionalities throughout the development process. - Must facilitate collaboration and communication among various team members involved in development. - Not just a standalone project management tool; must also integrate requirements, development, and testing functionalities.