To get your early-stage startup off the ground, you’re going to need an MVP. And this is the bit where several startups fail.
Why? If you’re not technical, don’t have a technical co-founder, or can’t find the right developers to get your MVP right, you can’t even launch. But this shouldn’t hold founders and their ideas back.
That’s why there's a new option for founders: specialized software development firms focused on building products for venture-backed startups.
One example? Philippine-based Abstract Digital. Founded in 2016, they’ve worked on 100+ projects with over 30 tech startups that have gone on to raise $500M in capital from investors like General Catalyst, Peak XV, Tiger Global, Rocket Internet, and Y Combinator.
Why is this becoming an option?
There are a few reasons why startups like Pintarnya ($14.3M seed), Aerotruth ($1.3M seed), Flash Coffee ($50M Series B), and Deskimo ($3M seed)—all clients of Abstract Digital—are turning to agencies.
Here are some of them:
Flexible. Founders can quickly tap into great specialized technical talent when they need additional resources. The best part? They avoid the additional overhead costs of building an in-house developer team and can easily scale up or down.
Most agencies are project-based. But Abstract takes it a step further by charging on a per-resource basis that makes it even more flexible and cost-effective for founders.
At the start of each project, their team aligns with founders on the requirements needed to optimize the resource allocation for the entire design and development process. This keeps it cost-effective and efficient, so founders can pay per resource (team member) required to complete the project.
Fast-moving. Founders remove the complexities of sourcing, vetting and onboarding talent to help bring your product to market faster. Whether you’re building your first MVP, improving your current product, adding a new feature, or scaling up the platform, agencies like Abstract are ready to jump in and get it done ASAP.
End-to-end. These agencies can do everything from ideation and design to executing the final build, while bringing in your vision and expertise to the product and working collaboratively with your team.
Startup focus. Unlike other agencies, Abstract has built its business around solving the needs of venture-backed startups. This places them in a unique position where they can better understand and meet the needs of startups and their users.
In the past 9 years, Abstract has worked with tech startups from all over the region and brings that expertise to each project. They know how startups ideate, develop and iterate, which helps them execute at the pace needed to launch fast.
They understand your startup's goals and meet you where you are.
So whether you need to ship an MVP fast or build up on your existing product, they can give you the support you need to clinch your next fundraising goal.
This article is created in partnership with Abstract Digital.
If you are looking to build your MVP, app, or level up your product, check out Abstract Digital’s website here.
Schedule a free consultation with the Abstract team through the link here.
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