Latka logo

How KorTerra CEO Mitch Stendal grew to $4.6M revenue with a 65 person team in 2024.

Developer of ticket management software designed to increase efficiency in locating and ticket processing. The company's software documents all ticket and excavation information in a single online database, providing reporting, analysis and business intelligence data, enabling pipeline companies, utilities, municipalities, contract locators and one call centers to operate as efficiently as possible and cut costs by eliminating unnecessary manual processes.

Last updated

KorTerra Revenue

In 2024, KorTerra's revenue reached $4.6M. The company previously reported $3.2M in 2023. Since its launch in 1990, KorTerra has shown consistent revenue growth.

KorTerra Revenue GrowthReported revenue / ARR over time$0$1M$2M$3M$4M$5M199019921994199619982000200220042006200820102012201420162018202020222024$0$2M$5MSource: GetLatka.com
YearMilestoneQuote
2024KorTerra Hit $4.6m revenue in October 2024
2023KorTerra Hit $3.2m revenue in October 2023
2021KorTerra Hit $1.8m revenue in April 2021
1990Launched with $0 revenue

KorTerra Valuation, Funding Rounds

KorTerra is a bootstrapped Business Intelligence Software startup. Founded in 1990, KorTerra has grown to $4.6M in revenue without raising any venture capital or outside funding.

As a self-funded Business Intelligence Software SaaS company, KorTerra has built its business with no outside investment.

KorTerra Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$11990Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Mitch Stendal

KorTerra, Inc., a SaaS utility damage prevention software solutions provider located in Minneapolis, MN, has appointed Mitch Stendal as President. This appointment supports the continued growth of KorTerra by enhancing its visionary leadership. Stendal previously held the title of Chief Strategist and championed several transformative initiatives throughout his tenure. In his new role as president, Stendal will provide a fresh perspective and renewed energy while also remaining instrumental in driving market expansion through strategic initiatives.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

We do not have customer count information for KorTerra yet.

KorTerra Employees & Team Size

KorTerra employs approximately 65 people as of 2026, including 5 sales reps that carry a quota.

KorTerra Team GrowthReported headcount over time01530456075199019921994199619982000200220042006200820102012201420162018202020222024006565Source: GetLatka.com
YearMilestone
2024Reached 65 employees (October 2024)
2023Reached 65 employees (October 2023)
2022Reached 51 employees (October 2022)
2021Reached 43 employees (December 2021)
2021Reached 39 employees (April 2021)

Frequently Asked Questions about KorTerra

What is KorTerra's revenue?

KorTerra generates $4.6M in revenue.

Who founded KorTerra?

KorTerra was founded by Mitch Stendal.

Who is the CEO of KorTerra?

The CEO of KorTerra is Mitch Stendal.

How much funding does KorTerra have?

KorTerra raised $0.

How many employees does KorTerra have?

KorTerra has 65 employees.

Where is KorTerra headquarters?

KorTerra is headquartered in Chanhassen, Minnesota, United States.

Compare KorTerra to the industry

KorTerra operates across multiple industries. Browse revenue, funding, and growth data for KorTerra in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

Claim this profile