Do you know what do startup unicorns such as Uber, Airbnb, Dropbox and Spotify all have in common?
They didn’t go for a big-bang launch for their product. Instead, they started out small with an MVP, collected user feedback and infused new features over time to scale.
Results? Today, they are one of the key players in their respective industries.
Thus, no wonder why more and more entrepreneurs go with a minimum viable product (MVP) approach for their startup app idea.
As CB Insights found that one of the primary reasons for startup failure is not deploying the right team for product engineering, it’s now more important than ever to work with the best of the best MVP development company for materializing your idea.
“Ideas are easy. Implementation is hard.” -Guy Kawasaki
Taking the same thought forward, we’ll help you explore the top 20 MVP development companies for startups through this post. But let’s first understand what MVP development means and what benefits it brings to the table.
What is MVP?
An MVP is a basic version of your product with the bare minimum yet must-have features to launch in the market.
With MVP development, you adopt a build-measure-learn methodology. You build your product, release it in the market and analyze how the users respond to it. By learning from user feedback from the first launch, you move forward with the next version of your product and try to make it more engaging for the users.
This “build-measure-learn” practice continues. That way, your product gets better for the users with each iteration.
Benefits of MVP Development for Startups
Are you still torn as to whether you should commence with MVP or release the complete product?
Check out the following key benefits of MVP development for your product. And you’ll understand why Uber, Spotify and other startup unicorns adopted the MVP-first strategy for turning their idea into a successful product.
1. Test Market Demand
Did you know? Almost 35% of startups fail because their product idea has no market demand. They just assume that they’ll be able to cater to a market need with their idea. But in reality, there is no demand for their product.
MVP development that follows the iterative model enables you to test the idea or business model before you invest heavily.
2. Mitigate Risks
There are numerous risks associated with new product development for startups; the primary one is running out of money midway.
Even studies found that 29% of startups fail because they ran out of funding.
Taking the MVP development route, you can start small by investing a smart share of your funding for the product and see if the idea based on your assumptions would really work rather than investing complete funds.
3. Helps in Pitching a Business Idea
In general, startups receive funding from potential investors after enticing them with their product idea.
With an MVP, you can showcase a viable product that has already proved its worth in real-time market conditions. That way, it will become easy for you to convince investors that your product idea addresses a real issue and there is enough market for it.
5. Helps in Building Customer-Centric Product
As MVP enables gathering user feedback, you can learn the target users’ needs and scale the product by adding features from the customer’s perspective. That way, you’ll be able to deliver a user-friendly product.
“The main reason why products fail is that they don’t meet customers’ needs in a way that is better than other alternatives”. – Dan Olsen
6. Faster Time to Market
About 19% of startups fail because they get outcompeted.
There is cutthroat competition in the startup ecosystem and it’s imperative to deliver your idea faster than your competitors with a similar business idea.
Since building MVP with bare minimum features doesn’t take much time to develop and release in the market, you can quickly reach your target users and strike a competitive edge in the market.
7. Save Development Cost
Building a full-fledged product means you need to assemble a full-scale development team of designers, developers, business analysts, project managers and more tech experts.
This translates to the high cost of developing a product.
To build an MVP with just core functionalities, on the other hand, you need a small tech team featuring 1 UI/UX designer, 1 front-end developer, 1 back-end developer, 1 QA engineer and a Project manager. This, as a result, reduces the overall development cost.
If you want a more cost-effective solution, you can go with a remote development approach rather than building an in-house team.
Outsourcing MVP development to remote developers from a reliable software development company means you can save on infrastructure and training costs.
Top MVP Development Companies
Let’s now cut to the chase and explore the top 20 MVP development companies for startups. Read on to learn about their team size, expertise, experience, location and more.
1. InfoStride
Founded: 2014
Team Size: 250+
Location: USA, Singapore & India
InfoStride is a global leading provider of a complete spectrum of IT services that include MVP product development for startups, business consultancy, mobile and web application development with complete customization, quality assurance as a service, user-centered UX/UI designs, Cloud & DevOps and emerging tech implementation such as AI, Blockchain.
Established in 2014, InfoStride has developed a strong team of 200+ highly skilled and experienced tech experts including designers, developers, engineers, testers, business analysts, project managers, scrum masters and others.
The engineering team at InfoStride has a collective experience of more than 15 years and expertise in delivering top-notch MVPs across different business verticals.
InfoStride caters to startups at every stage from industries including retail, healthcare, eLearning, food & groceries, ride-hailing, on-demand and many more.
Some major benefits of working with InfoStride include:
- Flexible engagement models to choose from; Fixed Price, Time & Material, Hire Dedicated Developers or BOT (Build-Operate-Transfer) model.
- Access to a team of developers with strong expertise in scaling MVPs to the full-fledged product as per precise business requirements.
- We can deploy resources for your remote MVP development project who will work in your time zone for real-time collaboration.
2. UIG Studio
Founded: 2010
Team Size: 10+
Location: USA & Poland
UIG Studio is a team of designers, developers and digital strategists providing a wide range of services including MVP development, mobile development, GIS software development, design – to name a few.
Their team has experience working on many projects and technologies. The company offers end-to-end product development support from an initial workshop to product launch and support and maintenance. They adopt a human-centered approach for mobile application development and MVP development that results in engaging digital products.
The company serves clients from all over the world and helps assemble a cross-functional development team to deliver high-quality results.
3. Bacancy Technology
Founded: 2011
Team Size: 250+
Location: USA, India & More
Bacancy Technology is a leading provider of agile and lean software development services to companies of all sizes and shapes around the globe.
The team at Bacancy Technology has experience working with leading technologies including BlockChain, Internet of Things (IoT), Machine Learning and more. With a presence all over the world, the company strives to provide top-notch experienced talent according to the client’s time zone.
The company’s offerings to startups and Fortune 500 firms include software engineering, quality assurance, IT staff augmentation, product enhancement, digital workshop, Agile & DevOps and more.
Whether you want to hire a dedicated developer or build a team of developers for your project, Bacancy Technology has got you covered.
4. Intelivita
Founded: 2014
Team Size: 10+
Location: UK & India
With an experienced team of designers and developers, Intelivita offers MVP development, mobile application development, AR/VR, web development and eCommerce development services.
The company caters to global clients from diverse industry verticals including food delivery, real estate, eCommerce, taxi booking, finance, entertainment and more.
When it comes to MVP development, the team at Intelivita can help you with prototype designing, single feature MVP or pilot MVP development. The company has strong expertise across various technologies for mobile, web, design, cloud and more.
5. Digiteum
Founded: 2010
Team Size: 10+
Location: Poland & Belarus
As a leading MVP development company, Digiteum offers services based on key principles such as in-depth analysis, proactive collaboration, agile approach, business-oriented mindset, wide tech skills and fast adaptability.
In addition to MVP development, the company also provides mobile development, web development, IoT development and the latest tech implementation services.
They are known for delivering custom-tailored digital products to clients worldwide.
6. DevSquad
Founded: 2014
Team Size: 10+
Location: Utah
DevSquad is an agile team of elite developers with expertise in MVP development, UI/UX design, SaaS development, mobile app development and web app development.
As an MVP development company, DevSquad begins every project with a design sprint to identify the market value. The team can extend the support for end-to-end development from product prototyping to regression testing.
7. Mobisoft Infotech
Founded: 2009
Team Size: 50+
Location: USA, Canada & India
Mobisoft Infotech offers MVP development services to startups. In addition to that, it also offers complete product engineering, product advisory, UI/UX, mobile application development, web development, IoT and Blockchain development services.
The company worked with global companies from industries including healthcare, retail & eCommerce, automotive and logistics & transportation.
You can count on Mobisoft Infotech for a long-term commitment, end-to-end product support, access to the right team, flexibility, innovative approach and 24/7 operations.
8. Oyelabs
Founded: 2010
Team Size: 10+
Location: India
Oyelabs is an MVP development company with expertise in turning ideas into delightful products that users love. The company also offers web development, mobile development, IoT development and Blockchain development services.
The team at Oyelabs strives hard to focus on the needs of their clients to deliver solutions that meet their short- and long-term goals.
9. Innovify
Founded: 2011
Team Size: 50+
Location: UK
Innovify is known as a digital product studio that offers custom software development, MVP development, UX/UI design and mobile app development services.
The company serves clients that range from startups to SMEs and enterprises. The team focuses on working collaboratively at a deep level and leveraging emerging technologies such as IoT, Machine Learning and Blockchain to deliver award-winning solutions.
10. Smart IT
Founded: 2011
Team Size: 50+
Location: San Francisco, CA
Smart IT is also a leading MVP development company that works with global clients from insurance, healthcare, Fitness and other industries. The company also offers custom software development, IT consulting and mobile app development services.
The team at Smart IT has strong expertise in implementing the latest technologies into software products for a competitive advantage.
You can rely on them to assemble a team of senior-level developers for your project.
11. eSparkbiz
Founded: 2010
Team Size: 50+
Location: India
eSparkbiz is an MVP development company catering to businesses of all shapes and sizes. The company also offers dedicated resources, web development, mobile application development, software engineering services and more.
The team at eSparkbiz has expertise in agile practices for end-to-end development right from product ideation to deployment and support & maintenance.
You can count on eSparkbiz for a highly skilled development team, domain expertise, latest technology implementation and quality end outcome.
12. Confianz
Founded: 2008
Team Size: 50+
Location: USA & India
Confianz is recognized as the best MVP development company in the US with experience working on small to large-scale software development projects for SMBs to Fortune 100 organizations worldwide.
The company also provides end-to-end mobile development services for both iOS and Android platforms and ERP solutions to enterprise-level clients.
13. Dashbouquet Development
Founded: 2014
Team Size: 50+
Location: Belarus
Known as a prominent MVP development company, Dashbouquet Development delivers cost-effective solutions to worldwide tech organizations and businesses.
Besides MVP development, the team at Dashbouquet Development also specializes in building mobile and web applications. They can extend end-to-end development support from initial prototyping to support after launch.
14. Monterail
Founded: 2010
Team Size: 50+
Location: Poland
Monterail is a full-service software development company. The company has expertise in building top-notch mobile and web applications for companies of all shapes and sizes. They can help you with end-to-end development from concept to product launch.
The company service lines include MVP development, Ruby on Rails development, product design, Python development, Elixir development and among others.
15. Cabot Technology Solutions
Founded: 2006
Team Size: 50+
Location: Highland Heights, OH
Cabot Technology Solutions is an MVP development team with a strong tech team specializing in various technologies to deliver reliable solutions to businesses across various industries.
The company also offers end-to-end product design & development, digital transformation and software testing services.
16. OpenXcell
Founded: 2009
Team Size: 250+
Location: USA, Canada, India & More
OpenXcell is known as a leading software development company offering a wide range of services including dedicated developers, mobile app development, UI/UX design, web development, QA services and among others.
It is also an ideal choice for an MVP development company to join hands thanks to its team of skilled developers with experience building many software products and mobile apps.
17. Scalex
Founded: 2015
Team Size: 10+
Location: India & Washington
Scalex is an MVP development company for entrepreneurs and startups. You can count on them for skilled developers, an agile development approach, on-time delivery, quality service, transparent pricing and reliable technical support.
The team at Scalex has expertise across different industry verticals including FinTech, education, healthcare, on-demand, media & entertainment and eCommerce.
Apart from MVP development, the company also offers mobile app development, web development, cloud services, end-to-end product engineering, DevOps consulting and Data & Analytics services at your disposal.
18. SpdLoad
Founded: 2013
Team Size: 10+
Location: Ukraine
SpdLoad is an MVP development company for startups at early stages. The team at SpdLoad has expertise across various back-end, front-end, mobile and UI/UX design technologies to deliver quality solutions.
The company also offers mobile app development, web development, SaaS development, marketplace development services and others.
Their primary aim is to assist non-technical founders to validate their business models and build a high-quality MVP.
19. Cygnet Infotech
Founded: 2000
Team Size: 1000+
Location: US, UK & India
Cygnet Infotech has expertise in providing custom software development, mobile application development, MVP development and application testing services.
They are known for turning business ideas into sustainable solutions that solve real-world issues. The company works on various technologies including Java, PHP, Blockchain, DevOps, AI, RPA and among others.
20. Nextbrain
Founded: 2016
Team Size: 50+
Location: Canada, USA & India
Nextbrain is an agile MVP development company with expertise in building viable products. It also offers web & mobile application development, product design, DevOps consulting and digital transformation services.
Their clients include startups, medium-scale organizations, agencies and enterprises from different industries such as healthcare, eCommerce, social network and more.
21. Studio Software
Founded: 2015
Team Size: 10+
Location: Poland
With an experienced squad of developers and project managers, Studio Software offers MVP development services to startups with the goal to help them validate their idea and build successful MVPs.
In addition to that, the company offers other services such as custom software development, web development, product design & workshops and DevOps & Cloud.
Conclusion
Taking advantage of MVP helps you test the waters and see whether your idea is viable before you go all-in.
As per our research based on Google’s ranking and Clutch Rating, we found the aforementioned companies are ideal for MVP development for startups.
To understand how these companies can help you, we recommend getting in touch with them and having a free consultation session. That way, you’ll be more able to pick the best MVP development company to partner with for turning your idea into a successful product.
If you know any MVP development company that should be included in our list, please do let us know via the comment section below.
