Appearing on this list for two consecutive years validates NineTwoThree’s startup studio model and the sustained growth we’ve been able to achieve.
DANVERS, Mass. (PRWEB)
August 16, 2022
NineTwoThree Venture Studio and their global team of engineers, designers and managers has been recognized as one of America’s fastest growing private companies in the Inc. 5000. The honor – which marks NineTwoThree’s second consecutive entry – comes after a year that has seen unexpected challenges; team dedication, determination and resilience; and a tenacity from the startup studio founders to sustain and grow against the odds.
Founded in 2012 by Andrew Amann and Pavel Kirillov, NineTwoThree Venture Studio was initially launched as a SaaS application with over 600,000 downloads. It has since grown into a startup studio offering product creation expertise to companies, funded startups, and their own internally funded ventures. They also doubled the size of their global team of developers, designers, and managers over the past year.
Second Consecutive Year on Inc. 5000 Validates Scalable Startup Studio Model
The Inc. 5000 Fastest-Growing Private Companies in America ranks companies based on revenue, median growth, jobs added and other factors to determine companies to watch in 2022.” Appearing on this list for two consecutive years validates NineTwoThree’s startup studio model and sustained growth that we have been able to achieve,” said CTO and Co-Founder, Pavel Kirillov.
“Our move to the agency-funded startup studio model has brought more resilience and repeatability to our development teams,” Kirillov added. “We’ve had a remote and global workforce from the start, and the ability to bring together development teams with specific industry experience for each new venture is a major strength, whether ‘an established brand or funded startup.
War in Ukraine Affects Studio Overnight, Founders Navigate to Support Global Team and Growth
This adaptability was put to the test in 2022 as 25 members of NineTwoThree staff lived in Ukraine at the start of the war. Despite the challenge of meeting customer demands and supporting all staff financially while part of the team was unable to work, NineTwoThree was able to reassign teams, build on global relationships and find new sources of support. income. They weathered the first and toughest weeks of the war and emerged stronger – doubling revenue in four weeks to ensure that all staff remained employed regardless of production.
CEO and co-founder of NineTwoThree, Andrew Ammanhas spoken at events such as microconf and has contributed thought leadership to leading publications such as Inc.., Integratedand Forbesdetailing how the startup studio model worked as an alternative approach to developing a digital product and how NineTwoThree effectively scaled in the face of adversity.
“Experienced entrepreneurs are interested in hiring smaller in-house teams focused on core IP and then hiring specialist agencies to build the bulk of their product, which ensures a faster time to market. “, said Amann. “The product portfolio that the NineTwoThree team has developed over the years appears to offer the right blend of quality and experience to launch our customers’ next digital business. We see startups becoming profitable sooner while founders are working on other parts of their business.
Amann also added, “Established brands are starting to realize the benefits of remote working. However, instead of figuring out how to hire from other countries, brands are finding that NineTwoThree has a ready-to-go team with on-shore founders who know how to move fast and maintain quality. Plus, we’re constantly told how fun the whole process is – it makes me so happy to see our team impressing our clients. »
About NineTwoThree Venture Studio
Since its launch in 2012, NineTwoThree Venture Studio has helped launch numerous software products and systems for clients and emerging companies and has been named one of America’s fastest growing private companies on the Inc 5000 list for two years. The studio creates custom products for funded startups and tech brands. As a startup studio that has learned what has worked by building 50 client apps and 14 billion-dollar startups, NineTwoThree operates from a proven playbook to build client apps efficiently and profitably. The studio is actively expanding its footprint in manufacturing, finance, healthcare, last-mile delivery, IoT, e-commerce, wellness and other sectors, creating products for the world’s biggest brands, as well as fast-growing startups. Learn more by visiting https://www.ninetwothree.co/ and follow the brand on LinkedIn, Twitter, instagram, and Facebook.
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