Top 10 Software Development Companies for Mid-Sized Businesses

For a lot of mid-sized businesses, working with third-party software developers offers the quickest path to scaling up.

This unlocks instant access to an array of technical expertise, faster time to market, and — in most cases — lower software development costs compared to building an in-house team.

In this post, we rounded up the top 10 software development agencies that can take your mid-sized business to the next level.

Let's jump right in.

1. Horizon Labs

Industry Expertise: Ecommerce, healthtech, fintech, AI, API development, and embedded systems

Founder(s): Sinan Sari

Horizon Labs is what happens if a bunch of seasoned software engineers, founders, and ex-VCs rally to help SMEs achieve their true potential.

Our team specializes in building lean, efficient, and top-quality software products that can captivate your target users — even in highly competitive industries like ecommerce, fintech, and healthtech. And with a network of on-shore and off-shore talent, we ensure your project will be handled by the best engineers available without inflated costs.

Aside from full-cycle software development, we also offer MVP building, staff augmentation, and AI integration services to accelerate your growth.

Learn more by booking a free consultation here. We also accept small trial projects for certain prospects to help ensure cultural fit.

2. Azumo

Industry Expertise: AI, cloud tech, website development, ecommerce, education, fintech, telemedicine, and gaming

Founder(s): Chike Agbai

Azumo is a versatile and well-experienced software development agency that specializes in developing AI and machine learning products. They also offer software services for companies looking for data engineering solutions, mobile app development, and video game development.

If you're a growing company, Azumo's staff augmentation services can cost-effectively scale your team to achieve project objectives. The agency also provides virtual CTO consulting and fully-managed software development.

The quick way to evaluate Azumo's capabilities is to check out their homegrown, publicly available AI tools: CharliBot, AI Schema Generator, and AI Software Spec Writer. All of which can be useful to augment your scale-up efforts.

3. Coherent Solutions

Industry Expertise: Fintech, fitness, manufacturing, and life sciences

Founder(s): Igor Epshteyn

Coherent Solutions is a long-standing software development firm headquartered in Minneapolis. Their expertise spans major software spaces like AI, data analytics, product design, cloud solutions, and mobile app development.

The agency is commended for its commitment to promptness and effective communication — both are essential for mid-sized businesses looking for a long-term technology partner. And with a pool of over 2,000 global software experts, rest assured that Coherent Solutions has all the manpower you need to get things done.

4. BairesDev

Industry Expertise: Agriculture, automotive, construction, fintech, real estate, healthcare, aviation, supply chain, and retail

Founder(s): Nacho De Marco and Paul Azorin

Founded in Argentina, BairesDev is another multinational software development firm with headquarters in San Francisco — known for its dynamic tech culture and world-class pool of engineering talent.

What makes BairesDev particularly noteworthy is the team's extensive experience in over 130 industries. They also offer a range of software services, including but not limited to AI development, Business Intelligence (BI), big data, CRM systems, and cybersecurity.

BairesDev's nearshore-focused network of engineers also gives way to more cost-effective solutions, which can be critical for fast-growth businesses. They can help you through challenges like legacy software migration, penetration testing, digital transformation, and other aspects of modernization.

5. Geomotiv

Industry Expertise: Adtech, martech, ecommerce, and retail media

Founder(s): Sergey Lobko-Lobanovsky

Geomotiv is a specialist custom software development agency focusing mainly on adtech and martech solutions.

The Geomotiv team implements Agile methodologies, delivering fast iterations while maintaining constant communication through tools like Slack. They're a solid choice for mid-sized businesses looking to power up their digital advertising or marketing platforms and scalable ecommerce systems.

Geomotiv's services are available through outsourcing or outstaffing models, depending on your project's scope and budget. This covers development and integrations for big data, analytics, AI, ML, and high-load systems.

6. Simform

Industry Expertise: Fintech, healthcare, ecommerce, logistics, and high-tech industries

Founder(s): Prayaag Kasundra

Simform is more than equipped to assist mid-sized businesses and enterprises in fulfilling their software development needs.

With engineering expertise from AI to cloud tech, Simform can be your go-to agency for your software scaling needs. They also specialize in data engineering, UX design, app modernization, and connected technologies.

But if you want the best out of Simform's services, remember that their core services revolve around AI and machine learning.

7. Itransition

Industry Expertise: Healthcare, manufacturing, fintech, telecom, retail, insurance, and professional services

Founder(s): Sergey Gvardeitsev

Itransition is a global company that offers software engineering, IT consulting, and business process solutions to major economic sectors, including healthcare, finance, and manufacturing.

Mid-sized businesses can benefit from Itransition's range of services for the digital transformation implementation and optimization stages. This includes software development, BI, Quality Assurance (QA), Robotic Process Automation (RPA), and long-term software support.

As far as results go, Itransition is known to get high ratings due to crucial factors like quality, timeliness, and project management. They're also favored for their reasonable pricing despite having a portfolio filled with multimillion-dollar, international brands in niches like big pharma, banking, and energy.

8. Designli

Industry Expertise: Fintech, manufacturing, education, retail, ecommerce, and logistics

Founder(s): Keith Shields and Joshua Tucker

Designli is another highly-rated, end-to-end software development agency from founders who know what it's like to be in the trenches — being excited about your product, coming across unexpected challenges, and finding solutions to bring startups to the next level.

Other than startups, the Designli team also does its best work scaling up software products that are already live. They primarily focus on mobile app and website development, be it for eLearning platforms, SaaS products, logistics trackers, and so on.

Designli is also one of the few agencies that specialize in helping companies recover from bad builds. Their proprietary "SolutionLab Code Takeover" service starts with a thorough audit of your codebase and backlog items to build a roadmap towards a more refined product that will move your business forward.

9. Goji Labs

Industry Expertise: Fintech, healthcare, insurance, SaaS, education, and AI

Founder(s): David Barlev and Adam Sumner

Goji Labs positions itself as a digital product agency where software is the key selling point — not an afterthought.

Not only are they committed to building high-quality products that wow customers, they also make sure that the software leads to profitable results.

Goji Labs' services include product strategy, UX/UI design, and custom software development. The agency also helps mid-size businesses achieve growth targets through usability testing, full digital product auditing, product strategy consulting, and competitor analysis.

If you care about both the software and business objectives, Goji Labs is definitely one of the agencies you should look at.

10. ScienceSoft

Industry Expertise: Fintech, healthcare, ecommerce, manufacturing, professional services, travel, and real estate

Founder(s): Nick Kurayev

There's a reason why accomplished software developers like ScienceSoft have continued to be relevant for decades.

Started way back in 1989, ScienceSoft has contributed to over 4,200 success stories in the software space. They're more than dependable when it comes to software engineering, product strategy, big data, IT management, and cybersecurity.

While ScienceSoft mainly focuses on healthcare and finance, they also helped build successful products in manufacturing, retail, travel, and logistics.

How to Choose a Software Development Agency for Your Mid-Sized Business: Questions You Need to Ask

Keep in mind that choosing a software development agency isn't just about who's faster.

Software quality, of course, comes first. But you should also factor in cultural alignment, costs, and long-term partnership potential.

Verifying these characteristics starts with the initial consultation — followed by the more in-depth discovery session.

Here's a checklist to make sure you ask the right questions during these processes:

Ensuring Software Quality

• Can you share examples of previous successful projects similar to ours?
• Which software technologies are your strongest areas of expertise?
• What can you tell us about your QA process?

Service and Speed

• What is your usual timeline for a project with a similar scope and budget?
• How do you handle urgent requests without compromising quality?
• What measures do you use to ensure timeliness?

Costs and Transparency

• How does your agency's pricing work?
• When can we expect a detailed breakdown of the project's costs?
• How do you ensure transparency in costs when scope changes or budget overruns?

Long-Term Partnership

• How do you handle ongoing support, maintenance, and software updates — and what should we expect?
• How long is your commitment to previous clients?
• Can you give examples of your top long-term clients?

References

• Is it possible to share the contact information of your top recent clients?
• Where can I find authentic reviews about your agency?
• Who are previous employees or clients I can ask about your company?

Cultural Fit and Communication

• What communication channels will we use to stay in touch?
• What does your team culture look like, and how can it benefit our project?
• What is your leadership team like?

Final Words

As a mid-sized business, a third-party software development agency can make or break your scaling plans.

Narrowing down your options with the list above is a step in the right direction, but there are still a few forks in the road ahead.

The good news is, top-tier agencies are more than happy to let their work do the talking. Some even take it further by building small pilot projects based on your specifications — demonstrating the quality of work you can expect.

Ready to take the next step?

Click here and let's talk about your project!