What Waverley Software does

Waverley Software is a US-incorporated, founder-owned custom software engineering services firm founded in 1992 by Matt Brown and headquartered in Palo Alto, California. The company sells AI-first strategic engineering services to enterprise technology leaders, with delivery executed by a distributed team of 300+ specialists across development centers in Lviv (Ukraine), Wrocław (Poland), and Cochabamba (Bolivia), supplemented by additional operating geographies in Romania, Bulgaria, Vietnam, and Colombia. Its core service portfolio is organized around six solutions: AI Discovery & Concept Exploration, Platform Stabilization & Reliability Engineering, Legacy Software Modernization, Fractional CTO & Architecture Leadership, AI Application Engineering, and AI-Accelerated Product Development, with the proprietary Skywood framework serving as the architectural backbone for AI-native product work.

The underlying technology stack spans modern AI patterns (LLMs, RAG pipelines, multi-agent systems, vector databases, PEFT/LoRA fine-tuning, semantic search) layered on conventional enterprise engineering breadth (Java, .NET, Python, Node.js, React, Angular, native and cross-platform mobile, embedded C/C++, IoT, cloud and security). The firm has shipped production AI across generative video and digital human avatars, ASR and voice cloning, computer vision, predictive ML on healthcare data, and ECG anomaly detection. Revenue is generated through project-based professional services engagements ranging from under $25K to $500K+, sold via a consultative direct enterprise sales motion anchored by 'Talk to an Architect' and contact-form intake. Customer concentration is distributed across Healthcare, FinTech, Retail, Telecom, Robotics, Manufacturing, Education, and consumer verticals, with named logos including Wall Street Prep, Nespresso, Planful, Seagate, Swisscom (via Sicap), Spirax Sarco, and Shadow Robot. The company has remained entirely self-funded across its 30+ year history, with no disclosed venture or private equity backing.

Name

Waverley Software

Legal name

Waverley Software, Inc.

Website

https://waverleysoftware.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

251–500 employees

Short description

Waverley Software is a 32-year-old, founder-owned US software engineering services firm that delivers AI-first custom development, legacy modernization, and fractional CTO leadership to enterprise clients across Healthcare, FinTech, Retail, Telecom, and Robotics, using a 300+ person distributed delivery team based in Eastern Europe and Latin America.

Ownership category

akta.pro rank

Product category

Custom Software Engineering Services

NAICS

Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151), Computer Systems Design Services (541512)

SIC

Services-Computer Programming Services (7371), Services-Computer Integrated Systems Design (7373), Services-Management Consulting Services (8742)

akta.pro primary industry

Software Engineering & Application Modernization (BPAHAEAD)

akta.pro secondary industries

AI/ML Engineering & Model Development Services (BPAEAHAF), Enterprise Application Modernization (Monolith-to-Modules, Domain Modernization) (BPAEAFAG), Legacy Modernization & Application Rationalization (BPAEAAAG)

Keywords

• Custom software engineering
• AI application development
• Legacy modernization services
• Platform stabilization services
• Fractional CTO services

Headquarters

HQ city

Palo Alto

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Custom Software Development Services: Project-based professional services for custom software development, including AI-enabled solutions, legacy modernization, platform stabilization, and mobile/web application development. Engagement models include dedicated team, time-and-materials, and fixed-bid approaches.
2. Fractional CTO & Architecture Leadership: Strategic technical leadership consulting providing executive-level guidance on architecture, roadmaps, and AI strategy for organizations needing strategic clarity without a full-time CTO.
3. AI Application Engineering: AI-native product development services using proprietary Skywood Framework for building production-ready AI applications with LLMs, agents, and conversational interfaces.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

Waverley Software is an AI-first custom software engineering services firm that helps enterprise technical leaders stabilize fragile platforms, incrementally modernize legacy systems, and build AI-native products. It delivers through senior-led dedicated teams, time-and-materials, and fixed-bid engagements, applying its proprietary Skywood Framework for agentic AI applications and structured AI Productivity transformation across the SDLC.

Product overview

Waverley Software is a software engineering services firm offering a portfolio of specialized professional services organized around AI-first strategic engineering. The core offerings include AI Discovery & Concept Exploration (strategic roadmap service), Platform Stabilization & Reliability Engineering, Legacy Software Modernization Services, Fractional CTO & Architecture Leadership, AI Application Engineering Services, and AI-Accelerated Product Development Services built on the proprietary Skywood AI Application Engineering Framework. These services are complemented by deep expertise areas spanning IoT & Embedded Systems, Web Development (Java, JavaScript, Python, Scala, .NET, Node.js, React.js, Angular), Mobile Apps, Generative AI, and Cloud & Security. The company operates across vertical industries including Healthcare, FinTech, Retail, Logistics, Manufacturing, and Education, delivering solutions via team augmentation and dedicated team engagement models.

Differentiator

Problem solved

Functional benefit

Products and services

• AI Discovery & Concept Exploration Strategic assessment service that helps enterprise technical leaders identify the right AI opportunities and build a clear, feasibility- and compliance-grounded AI roadmap before any code is written.
• Platform Stabilization & Reliability Engineering Service that deploys senior engineers to stabilize fragile production systems, reduce outages, improve performance under real-world load, and re-establish engineering confidence in mission-critical platforms.
• Legacy Software Modernization Services Incremental modernization service that transforms legacy architectures while keeping business-critical systems live, improving scalability and enabling AI adoption.
• Fractional CTO & Architecture Leadership Fractional executive technical leadership service providing architecture, roadmap, and AI strategy guidance for organizations that need senior technical direction without hiring a full-time CTO.
• AI Application Engineering Services Service that builds production-ready AI-native applications for enterprise clients, integrating LLMs, RAG pipelines, and agentic systems using Waverley's senior engineering teams and AI-accelerated delivery practices.
• AI-Accelerated Product Development Services Pod-based product development service combining senior engineering teams with AI-enabled delivery to build production-ready products, including AI-native capabilities, at high velocity.
• Skywood AI Application Engineering Framework Proprietary agentic framework for designing and building AI-native applications where LLMs, agents, and workflows are core components, with built-in patterns for production-ready scalability and safety.
• IoT & Embedded Systems Expertise Full-stack IoT engineering service covering embedded development (C/C++), robotics systems, smart home solutions, and connected devices for industrial and consumer applications.
• Web Development Expertise Comprehensive web application development service using Java, JavaScript, Python, Scala, .NET, Node.js, React.js, and Angular for enterprise and startup applications.
• Mobile Apps Development Native and cross-platform mobile application development for iOS, Android, and enterprise mobility, serving retail, enterprise, and consumer segments.
• Cloud & Security Services Cloud infrastructure, DevOps, and cybersecurity services including penetration testing and compliance assistance for ISO 27001 and GxP standards.

Quantifiable outcome

• 30+ years of delivery discipline and engineering excellence
• +4 more outcomes

Named customers18 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability13 records

Feature5 records

Partnerships

Two partnerships are on record, tiered minor.

• Creatives SAminorStrategic or Co-development PartnerSwiss digital marketing agency collaborated with Waverley on Nespresso iPad retail app project (2012-2014). Waverley handled CMS development while Creatives provided UX and visual design.
• COG1minorStrategic or Co-development PartnerUX and visual design agency partnered with Waverley for Ready.fm mobile app development. COG1 provided design while Waverley built native iOS and Android applications.

Scale indicators6 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Thoughtworks: Thoughtworks is a global technology consultancy delivering custom software engineering, AI, and platform modernization to enterprises. Closely comparable to Waverley in legacy modernization, AI engineering, and consultative enterprise sales motion.
• Diffco: Diffco is a mid-sized AI and custom software development firm offering mobile, web, and AI engineering to enterprise clients. Closely comparable to Waverley in size, AI focus, vertical breadth, and senior-engineer-led delivery model.
• BairesDev: BairesDev is a nearshore custom software engineering firm with thousands of senior engineers across Latin America delivering AI, mobile, and web development to enterprise clients. Directly comparable to Waverley in nearshore senior-talent model, vertical breadth, and AI-enabled delivery focus.
• Toptal: Toptal is a global network of top-tier freelance software engineers delivering custom development and AI engineering to enterprises. Comparable to Waverley in senior-only talent pool, custom enterprise projects, and AI-augmented delivery positioning.
• Grid Dynamics: Grid Dynamics is a digital engineering services firm specializing in AI, cloud, and custom enterprise platform development. Direct comparator to Waverley in AI engineering services, enterprise customer base, and hybrid nearshore delivery.
• IcaliaLabs: IcaliaLabs is a mid-sized nearshore custom software engineering firm from Latin America offering web, mobile, and AI development. Closely comparable to Waverley in size, nearshore model, senior-talent emphasis, and enterprise custom engineering focus.
• Andela: Andela operates a global marketplace of vetted senior engineers for AI-enabled custom software development, similar to Waverley's senior-talent model. Comparable in AI engineering focus, distributed talent pool, and enterprise client orientation.

Broad incumbents

• Globant: Globant is a large publicly traded digital engineering firm delivering AI, cloud, and custom software services globally. Overlaps with Waverley in AI engineering, legacy modernization, and enterprise digital transformation, but operates at much greater scale with a broader portfolio.
• Nagarro: Nagarro is a global digital engineering firm specializing in custom software, AI, and platform modernization across industries. Overlaps with Waverley in legacy modernization, AI engineering, and distributed-delivery enterprise IT services.
• EPAM Systems: EPAM is a global IT services and custom software development firm with deep nearshore Eastern European delivery. Competes with Waverley in custom application development, AI/ML engineering, and platform modernization across enterprise verticals.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/waverleyglobal
• LinkedInlinkedin.com/company/waverley-software

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Waverley Software