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Top 7 Requirements Management Software Companies Under $1M Revenue (September 2026)

As of September 2026, Latka tracks 7 requirements management software companies under $1M in annual revenue. They have combined revenues of $2.1M and employ 16 people.

Every company below sells requirements management software 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 Requirements Management Software Companies do

Requirements Management Software is designed to help organizations systematically gather, document, prioritize, and manage requirements throughout the lifecycle of a project or product. These tools facilitate communication among stakeholders, allowing teams to define clear objectives and track changes efficiently. Common use cases include software development, product design, and regulatory compliance, where understanding and managing requirements is critical to project success. Typical features of requirements management software include traceability, version control, collaboration tools, and reporting capabilities. Users can track the evolution of requirements from inception to implementation, ensuring that all stakeholder needs are considered. Buyer personas for this software typically include project managers, business analysts, product owners, and quality assurance teams, all of whom play a crucial role in the successful delivery of projects.

Companies
7
Revenue
$2.1M
Funding
-
Employees
16

Filters

Sorting: Highest -> Lowest

Filters

Top Requirements Management Software Companies Under $1M Revenue

Showing 7 of 7 companies ranked by annual revenue.

1REQTEAM GmbH logo
REQTEAM GmbH

Munich, Germany

ReqTeam is a tool producer who offers innovative solutions in the areas of requirements management, ALM and Systems Engineering.

Revenue
$644.2K
Year founded
2014
Team size
3
2Spaii Edutainment SL logo
Spaii Edutainment SL

Barcelona, Spain

Build More, Write Less: User Stories Made Easy with Gluecharm. Leverage generative AI to write, expand, clarify user stories and copy paste it into your Task Management Tool.

Revenue
$550K
Team size
5
3DreamCatcher Software logo
DreamCatcher Software

Superior, Colorado, United States

DreamCatcher Software develops the DreamCatcher Agile Studio – the right way to manage product requirements and design in an Agile development environment. DreamCatcher also offers Agile Project Management and Software Quality management through companion modules, that work with the core requirements and design module in a seamless manner – a truly integrated Agile suite. DreamCatcher Agile Studio is offered as Software as a Service (SaaS), allowing you to “pay as you go” and maximize your ROI on your investment in Agile transformation. DreamCatcher Agile Studio is delivered as a Cloud-based Software as a Service (SaaS). DreamCatcher Agile Studio can help you realize a 20-30% reduction* in Software Development Costs, as well as significantly reduce delivery risk. Our innovative User Story Playback (Patent Pending) feature creates a more fun and engaging environment for the team, resulting in a more connected, productive and satisfied work force. To find out more, we encourage you to request a demo http://www.dreamcatchersoftware.com/company

Revenue
$330K
Year founded
2016
Team size
3
4Uclusion logo
Uclusion

Palo Alto, California, United States

Uclusion provides a new way to collaborate on stories and requirements. Development is easier when you use a tool designed ground up for the needs of the team. Sure you can keep using some combination of bug tracker, Kanban boards, group chat, wiki, email and endless meetings if you want but why make things unnecessarily harder?

Revenue
$220K
Team size
2
5featureplanner.io logo
featureplanner.io

Maslak, Turkey

featureplanner.io helps you to create quickly a structured requirements list of your application idea or software project.

Revenue
$207.5K
Year founded
2018
Team size
2
6ReqStudio logo
ReqStudio

San Diego, California, United States

ReqStudio is a B2B SaaS company that provides cloud and software development tools for requirement management. They offer an online requirements management solution to make requirement management simple.

Revenue
$70.7K
Year founded
2016
Team size
1
7Lyra AI logo
Lyra AI

Burlingame, California, United States

The product helps simplify the interaction between product managers, designers and developers: users describe requirements, Lyra organizes and transfers them to the team, automating the creation of tickets and improving communication.

Revenue
$50K

Frequently asked questions about Requirements Management Software Companies Under $1M Revenue

How many requirements management software companies under $1M in annual revenue are there?

Latka tracks 7 requirements management software companies under $1M in annual revenue. Together they generate $2.1M in annual revenue and employ 16 people.

Which requirements management software company under $1M in annual revenue is the largest?

REQTEAM GmbH is the largest, with $644.2K in annual revenue, founded in 2014.

How much revenue does a typical requirements management software company under $1M in annual revenue make?

The average requirements management software company in this list makes $296.1K a year, across 7 companies with reported revenue.

Who are the leading Requirements Management software vendors under $1M in annual revenue?

Ranked by annual revenue, the leaders are REQTEAM GmbH, Spaii Edutainment SL, DreamCatcher Software, Uclusion and featureplanner.io.

Related Development Software categories

Inclusion Criteria

- Must provide features for gathering and documenting requirements - Must offer prioritization capabilities to manage requirement importance - Must include traceability features to link requirements to project deliverables - Must support collaboration among multiple stakeholders and teams - Must facilitate version control to track changes over time - Not solely focused on testing; must also manage the entire lifecycle of requirements - Should integrate with other project management or development tools to streamline workflows - Must provide reporting tools to analyze requirements data and project status