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2024 Revenue

$10.6M

Funding

$0

YOY

58.9%

Team

68

Founded

2001

How Sitation CEO Steve Engelbrecht grew to $10.6M revenue with a 68 person team in 2024.

The company primarily operates in the Software industry. Sitation is headquartered in Apex, NC.

Last updated

Sitation Revenue

In 2024, Sitation's revenue reached $10.6M. The company previously reported $6.6M in 2023. Since its launch in 2001, Sitation has shown consistent revenue growth.

Sitation Revenue GrowthReported revenue / ARR over time$0$3M$5M$8M$10M$13M2001200320052007200920112013201520172019202120232024$0$3M$11MSource: GetLatka.com
YearMilestoneQuote
2024Sitation Hit $10.6m revenue in October 2024
2023Sitation Hit $6.6m revenue in December 2023
2021Sitation Hit $2.7m revenue in April 2021
2001Launched with $0 revenue

Sitation Valuation, Funding Rounds

Sitation is a bootstrapped SaaS startup. Founded in 2001, Sitation has grown to $10.6M in revenue without raising any venture capital or outside funding.

As a self-funded SaaS company, Sitation has built its business with no outside investment.

Sitation 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$12001Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Steve Engelbrecht

CEO @Sitation - Helping retailers, distributors, brands, and manufacturers turn data into profits in digital channels . Sitation offers software and services to help retailers, distributors, manufacturers and brands succeed in taxonomy, product data management, and site search.

Q&A

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Customers

We do not have customer count information for Sitation yet.

Sitation Employees & Team Size

Sitation employs approximately 68 people as of 2026, up from 64 in 2023, including 1 sales reps that carry a quota.

Sitation Team GrowthReported headcount over time015304560752001200320052007200920112013201520172019202120232024006868Source: GetLatka.com
YearMilestone
2024Reached 68 employees (December 2024)
2024Reached 64 employees (October 2024)
2023Reached 64 employees (December 2023)
2022Reached 57 employees (December 2022)
2021Reached 31 employees (December 2021)
2021Reached 32 employees (April 2021)

Frequently Asked Questions about Sitation

What is Sitation's revenue?

Sitation generates $10.6M in revenue.

Who founded Sitation?

Sitation was founded by Steve Engelbrecht.

Who is the CEO of Sitation?

The CEO of Sitation is Steve Engelbrecht.

How much funding does Sitation have?

Sitation raised $0.

How many employees does Sitation have?

Sitation has 68 employees.

Where is Sitation headquarters?

Sitation is headquartered in Apex, North Carolina, United States.

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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Sitation Revenue 2024: $10.6M ARR (Bootstrapped)