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2024 Revenue

$3M(Est.)

Customers

7.5K

Funding

$0

Avg ACV

$401

Team

19

Founded

1987

riteSOFT Revenue (2024)

Developer of commercial software for small and medium-sized business (SMB) manufacturers and distributors. The company focuses on labor collection and warehouse automation software designing.

Last updated

riteSOFT Revenue

In 2024, riteSOFT's revenue reached $3M. The company previously reported $2.2M in 2023. Since its launch in 1987, riteSOFT has shown consistent revenue growth.

riteSOFT Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$750K$1.5M$2.3M$3M$3.8M19871989199119931995199719992001200320052007200920112013201520172019202120232024$0$3MSource: GetLatka.com
YearMilestoneSource
2024riteSOFT Hit $3m revenue in October 2024Estimated
2023riteSOFT Hit $2.2m revenue in December 2023Estimated
2021riteSOFT Hit $667.3k revenue in April 2021
1987Launched with $0 revenue

riteSOFT Valuation, Funding Rounds

riteSOFT is a bootstrapped Other Vertical Industry Software startup. Founded in 1987, riteSOFT has grown to $3M in revenue without raising any venture capital or outside funding.

As a self-funded Other Vertical Industry Software SaaS company, riteSOFT has built its business with no outside investment.

riteSOFT 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$11987Source: GetLatka.com
YearRoundAmountValuation% SoldSource

Founder / CEO

Bruce Hagberg

CEO

Bruce Hagberg is listed as CEO at riteSOFT.

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Customers

riteSOFT serves 7.5K customers.

riteSOFT Employees & Team Size

riteSOFT employs approximately 19 people as of 2026. It serves 7.5K customers that rely on its solutions.

riteSOFT Team GrowthReported headcount over time051015202519871989199119931995199719992001200320052007200920112013201520172019202120232024001919Source: GetLatka.com
YearMilestoneSource
2024Reached 19 employees (October 2024)
2023Reached 19 employees (December 2023)
2022Reached 17 employees (December 2022)
2021Reached 17 employees (December 2021)
2021Reached 22 employees (April 2021)

Frequently Asked Questions about riteSOFT

What is riteSOFT's revenue?

riteSOFT generates an estimated $3M in annual revenue.

Who founded riteSOFT?

riteSOFT was founded by Bruce Hagberg.

Who is the CEO of riteSOFT?

The CEO of riteSOFT is Bruce Hagberg.

How much funding does riteSOFT have?

riteSOFT is bootstrapped and has not raised outside funding.

How many employees does riteSOFT have?

riteSOFT has 19 employees.

Where is riteSOFT headquarters?

riteSOFT is headquartered in St. Cloud, Minnesota, United States.

Compare riteSOFT to the industry

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.

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riteSOFT Revenue 2024: $3M Est. ARR (Bootstrapped)