To compete against century-old industry giants, startups must deliver exceptional products. Building a minimum viable product helps startups increase the odds of a product's success and validate the customer appeal of a new offering early in the development process.
The trajectory of your MVP depends on a variety of variables, including the right target audience, a perfect selection of killer features, an optimal monetization model, and effective market positioning. But more than anything else, an experienced MVP development partner adds to the success of your initiative and promotes the growth of your new product.
Today, we'll go over the benefits of MVP development and look at the leading MVP development companies that can lead your product idea to fruition.
Orangesoft
Founded: 2011
Number of employees: ~100
Minimum project size: $25,000+
Hourly rates: $50 – $99
Offices: Poland, United States
Industry expertise: Health & Fitness, FinTech
Clutch rating: 4.9
With over 14 years in the market, Orangesoft is the MVP partner of choice for global startups. As a leading MVP development company, Orangesoft is recognized for its strong web and mobile development skills, complemented by expertise in IoT and AI. The team also has a library of pre-made components that speed up MVP development without compromising quality.
Along with full-cycle MVP development, Orangesoft guides startups on their way to product growth, helping them uncover new opportunities for market traction. The company also has a mature startup community where business owners can engage in new partnerships through the global network and identify relevant funding opportunities.
With over 300 projects in its portfolio, Orangesoft knows how to guide your product through the delicate stage of growth, secure funding from investors, and capture the audience with a trailblazing offer. The company also has extensive experience in bringing heavily regulated software products to market. If your solution is subject to HIPAA, FDA, MDR, and other regulations, Orangesoft is the right MVP development company to partner with.
Startup House
Founded: 2016
Number of employees: ~50
Minimum project size: $10,000+
Hourly rates: $50 – $99
Offices: Poland
Industry expertise: Healthcare, EdTech, FinTech, and Travel
Clutch rating: 4.9
Startup House is a web and mobile app development agency with full-cycle app development services. This MVP app development company specializes in building fintech, healthcare, adtech, and travel products for startups. As your tech partner, Startup House promises to drive your product idea from concept to completion in 11 weeks.
Its team leverages a combination of cross-platform, backend, and frontend technologies to create game-changing MVP products. Since its inception in 2016, Startup House has successfully delivered over 100 projects for global companies.
SpdLoad
Founded: 2013
Number of employees: ~30
Minimum project size: $50,000+
Hourly rates: $25 – $49
Offices: Ukraine, United States
Industry expertise: InsurTech, Healthcare, eLearning, FinTech, HR & Recruiting
Clutch rating: 4.9
SpdLoad offers a full spectrum of MVP software development services for non-technical startup founders. Its dedicated team of experienced developers, business analysts, designers, and project managers works hand-in-hand with you to transform your concept into custom software solutions with a product/market fit.
The company is known for its proven track record of projects, technical expertise, and out-of-the-box approach to MVP development. When developing an MVP, SpdLoad puts a special emphasis on the product approach, agile methodologies, and consistent project management.
Boldare
Founded: 2004
Number of employees: ~80
Minimum project size: $25,000+
Hourly rates: $50 – $99
Offices: Poland
Industry expertise: eCommerce, Health and Beauty, Media, Energy, and others
Clutch rating: 4.8
Boldare has been on the market since 2004, helping startups bring complex projects to the market. As an MVP development partner, Boldare introduces your company to a pioneering environment that fosters your product growth.
Over the course of 20+ years, the company has successfully delivered over 300 digital products for global businesses that operate in the energy, media, eCommerce, and other sectors. To build distinctive digital products, Boldare leverages a combination of mobile and web development technologies. For your project, Boldare hand-picks a team of MVP developers, designers, and a scrum master to build tailored solutions with maximum value.
RipenApps
Founded: 2017
Number of employees: ~110
Minimum project size: $25,000+
Hourly rates: $25 – $49
Offices: India, United States, UAE, Canada, Australia
Industry expertise: OTT & Media, FinTech, HealthTech, Sports, and others
Clutch rating: 4.7
RipenApps is also one of the top MVP development companies for startups that helps trailblazers transform bold ideas into scalable digital products. With a sharp focus on mobile-first innovation and over 700 apps in the portfolio, RipenApps helps emerging businesses design, build, and launch MVPs that are lean, user-centric, and ready to evolve.
From wireframes to working prototypes, the company offers end-to-end MVP development services, backed by UI/UX design excellence and iterative development practices. Their global team brings deep domain expertise across various industries, including OTT platforms, financial solutions, and healthcare apps.
For startups seeking to develop a high-impact MVP within budget and timeline constraints, RipenApps provides both the momentum and the mindset to help them launch the right product and succeed in a competitive industry.
SolveIt
Founded: 2016
Number of employees: ~80
Minimum project size: $25,000+
Hourly rates: $25 – $49
Offices: Poland, United States, Sweden
Industry expertise: FinTech, Healthcare, eCommerce, Logistics, and others
Clutch rating: 5.0
SolveIt is an EU-based MVP app development company with 9+ years of experience in providing full-cycle development services to companies across ecommerce, healthcare, fintech, and other industries. The company's in-house team of over 80 talented professionals develops both mobile and web app solutions, leveraging cutting-edge technologies such as AI and ML.
SolveIt's team relies on the rapid prototyping approach to deliver de-risked MVP products fast and within the client's budget. The company is also known for its client-centric approach, which is reinforced through dedicated teams and SLA-backed post-launch support.
Tapptitude
Founded: 2013
Number of employees: ~40
Minimum project size: $5,000+
Hourly rates: $25 – $49
Offices: Romania, United States, United Kingdom
Industry expertise: FinTech, Healthcare, Automotive, eCommerce, and others
Clutch rating: 4.9
At the heart of the Romanian digital community since 2013, Tapptitude is a prominent web and mobile app development company focused on rapidly turning concepts into products. Tapptitude has over 120 projects in its portfolio, with applications ranging from on-demand apps to aerial imaging solutions.
One of Tapptitude's defining strengths lies in its expertise in end-to-end MVP development, comprehensive market analysis, and efficient development cycles. This product studio works with clients as a product partner, guiding them through a process from idea to product launch and scaling.
Uptech
Founded: 2016
Number of employees: ~140
Minimum project size: $25,000+
Hourly rates: $25 – $49
Offices: Poland, Ukraine, Cyprus, Estonia, United States
Industry expertise: FinTech, Proptech, Healthcare, Entertainment, and others
Clutch rating: 4.9
Uptech is a product development partner for global startups, offering strong technical expertise and domain knowledge. Since 2016, its skilled team has delivered 200+ products, aiding companies in idea validation, business growth, and scale-ups. Uptech crafts both mobile applications and web solutions, leveraging emerging technologies.
Uptech also has a dedicated team of product strategists and a client success team that helps the company provide unmatched product development services.
Binary Studio
Founded: 2005
Number of employees: ~140
Minimum project size: $25,000+
Hourly rates: $50 – $99
Offices: Ukraine, United Kingdom, United Arab Emirates
Industry expertise: Greentech, Healthcare, Proptech, Fintech, and others
Clutch rating: 4.9
Binary Studio is a boutique product development company with a focus on cross-platform mobile applications and web solutions. As your MVP partner, Binary Studio brings a rich tapestry of expertise to the table, growing your product from A to Z as a dedicated team of experts. Over 200 success stories serve as a testament to the high level of the company's technology excellence and delivery practices.
Regarding the domain focus, Binary Studio has gained hands-on experience in various areas, including proptech, healthtech, greentech, and others.
Luvina Software
Founded: 2004
Number of employees: ~200
Minimum project size: $5,000+
Hourly rates: <$25
Offices: Vietnam, Japan, United States
Industry expertise: Fintech, Healthcare, E-commerce, Education, Logistics, and others
Luvina Software is a seasoned MVP development partner that combines over 20 years of tech expertise with profound product development expertise. Backed by a team of over 200 professionals, Luvina offers full-cycle MVP development services that help startups validate their ideas, minimize risks, and support future growth.
The company is known for delivering market-ready MVPs that are not only functional but also strategically aligned with what users actually want. What also makes Luvina stand out is its commitment to a result-oriented delivery process. The company's long-standing experience allows it to ship high-quality MVPs on time and within budget.
Why building a minimum viable product matters
It's hard to be an industry disruptor who vies for a profitable position in the market. Startups must juggle limited funding, a tight talent pool, evolving tech trends, and other obstacles. Minimum viable product development serves as a safety net for startup initiatives, enabling them to successfully navigate market dynamics with limited resources.
Involve your customers from day one
The MVP stage is a vital sanity check for all founders, as it allows them to gather early feedback from real users to corroborate the demand. Additionally, rolling out an actual MVP is more effective than traditional quantitative and qualitative market research, target audience analysis, and competitor checks, as the findings reflect real-world behavior and interactions with your product.
By pushing out an MVP to the market, startups attract early adopters who provide invaluable user insights. By analyzing the feedback, app owners can determine whether the product delivers value and identify which features have been the most successful with customers. Based on the feedback, startups can pivot their custom software development and make it more customer-focused.
De-risk full-scale product development
No company wants to invest in building a product nobody wants. The MVP approach allows you to identify the simplest way to address user pain points. You build one feature at a time, focusing on high-value functionality and minimizing the risk of building a product that doesn't resonate with users.
The iterative nature of MVP development also means you can progress in small steps, based on user feedback, to refine the product until it meets both user and market demands.
Innovate without your costs going sky-high
Running out of cash is the most common reason behind startup flops. Some startups prefer to build feature-rich products from the outset and then hope they will gain traction and start generating profits. However, this is hardly the case for the majority of young businesses.
Instead of pursuing the 'big bang' approach, MVP companies make bite-sized efforts at product development, pouring money only into the bare minimum of features. This way, you can invest in features with the highest ROI and reduce the MVP development costs in the long run.
Accelerate time to market and secure your niche
The primary advantage of minimum viable products is their ability to save time and resources on product development. Instead of spending years developing a complete product, companies can launch a stripped-down product version in a few months.
By getting a product to market faster, companies also gain a competitive edge. Being the first to offer a solution in a particular market segment allows for early market penetration and customer acquisition. This helps startups capture customer loyalty and establish a strong brand presence before competitors jump on the bandwagon.
Secure early funding
Today, a unique business idea is not enough to get your initiative funded. Investors want to see evidence that there is a market for the product and that it solves a real problem customers face.
For startups, a ready-to-launch MVP is an important funding milestone that demonstrates the viability of their product to potential investors.
After making it to the market, an MVP generates data that proves the market traction of your product. Glanceable, tangible indicators like early user adoption, engagement, and feedback help investors assess the potential for growth and revenue generation of your product, making the investment opportunity more attractive.
MVP development process: from raw ideas into valuable products
Kicking off your app development with a minimum viable product means that you move forward in small iterations. Your product can take as many iterations as necessary to reach its optimum state. That’s why you can always go back and recalibrate your vision.
Crystalize your product vision
The process of MVP development typically begins with ideation and brainstorming, where you identify the problem you want to solve with your product. Here, you also develop a 360-degree view of your target audience, analyze current market trends, and create a unique selling proposition that sets your product apart from the pack.
If you're developing for the healthcare industry or any other regulated environment, this is also the stage where your team scopes regulatory requirements and identifies applicable data security measures and development practices.
Prototype your product before going into full gear
Once your product vision is solid, you should test your application with users to avoid over-investment. A prototype is an interactive demo version of your app and a relatively low-cost way to validate your product vision. A prototype doesn’t contain functional code; it’s a simulation of what your future app will look like.
Prioritize core features
Now, it’s time for you and your app development team to identify the must-have functionalities for your MVP. Based on market analysis and target audience research, your app development team creates a list of vital features, categorizes them by value, and develops a roadmap to outline the milestones of the product development process.
Build and launch
Unlike the traditional app development process, where the entire product is built in one go, MVP development follows an iterative workflow. Your app developers build one feature at a time, test it, and push it out. As a result, you have a seamless, error-free development process that prevents resource wastage on frills.
Collect and analyze feedback
Measuring results is a vital part of the MVP development process. When your MVP is live, you gather user feedback, prioritize it according to the metrics, and turn it into meaningful insights that will inform your future product decisions.
Evolve
Based on your insights, you develop a plan for product evolution. You can polish your MVP to perfection or turn it into a full-fledged product.
Key attributes of the right MVP development partner for your startup idea
Sometimes, even the most innovative startup idea misfires because it doesn’t receive proper implementation. That’s why doing a background check on your MVP development team is essential to ensure a project’s success. Let’s paint a clear picture of what an ideal MVP development partner looks like for fledgling companies.
Full cycle approach
MVP product engineering includes far more than coding and design. It takes a mix of business analysis, product strategy expertise, quality assurance, and post-launch product evolution to give your product traction.
That’s why it’s more convenient and cost-effective to find a tech partner that has it all. End-to-end expertise accelerates time-to-market, ensures fast issue resolution, and fosters a consistent product development strategy.
Relevant experience
Years of experience in the same or adjacent domain as your product’s domain is another deal-breaker when choosing a development partner. It’s not enough to build a tech-perfect application. Your product should target the challenges of your industry and align with the market trends.
Choosing a partner with hands-on experience in your domain means that your development team is well aware of your business context, the technical challenges in your niche, and your target audience. Also, an MVP partner with a domain background can offer a fresh perspective on your product and suggest a more optimal solution for your business challenge.
Suitable tech stack
Rigid and limited tech stacks can hinder the development of innovative, cutting-edge solutions. On the other hand, an MVP partner claiming to have practical knowledge of every technology out there should also be a red flag for startups. We recommend choosing a tech company with narrow expertise but broad skill sets in the area.
If you’re looking to build a mobile application, consider partnering with a tech company that specializes in native mobile app development. Ideally, your partner should have a complementary knowledge of technologies that marry well with your product. For mobile apps, it can be AI-based features or IoT development.
Strong product-oriented mindset
The product approach is what separates tech partners from software development vendors. Along with tech proficiency, your partner should possess strategic product knowledge to see how your tech solution aligns with your product strategy. Some MVP development partners also have their own business ecosystem where startups can find partners and network with industry leaders to generate buzz for their products.
Social proof
Even if your potential technical partner checks all the boxes listed above, client testimonials and reviews will provide a clearer picture of what to expect from the company. Be sure to check references, contact former clients, and gather feedback on industry listings such as Clutch and Business of Apps.
Choosing a great MVP partner is choosing a great product
There are several factors that can hinder your startup's success. An MVP development partner should be a heavy hitter on the way to your success, not a bottleneck. Betting on an experienced team of digital innovators is the best way to scale your startup idea and drive long-term growth.
Orangesoft is a leading tech partner for startups seeking to create a mobile product with lasting impact. From shaping your vision into a market-ready MVP to guiding you through regulations, our company has your back throughout the entire product development process. Just contact us, and we'll take it from there.