What Malevich does

Malevich is a custom software development studio headquartered in Dnipro, Ukraine, with a team of 50+ technical professionals. It delivers web, mobile (iOS, Android, cross-platform via React Native and Flutter), e-commerce, enterprise and CRM systems, blockchain solutions, DevOps, and UX/UI design for growth-focused businesses internationally, serving clients across more than 30 countries and reporting 307 completed projects and 55+ startup launches to date.

Its technology stack is conventional modern full-stack: React, Next.js, Node.js, TypeScript, GraphQL, PostgreSQL, and MongoDB on the application layer; React Native and Flutter on mobile; and AWS with Kubernetes and Docker Swarm on infrastructure. Notable productized outputs include the HYPT Dubai retail platform (with TELR payment integration), WebMarket (with Stripe and Google OAuth integration), PapaHR (HR automation with an AI assistant for checklists/documents), OnTax (compliance tooling), and enterprise builds such as a landing platform for Ceresit/Henkel. Third-party integrations — TELR, Stripe, Google OAuth — are reused across engagements, suggesting a repeatable integration library.

The business model is professional-services project delivery at custom-quoted rates, with no disclosed subscription or product-led revenue line. The client mix leans toward startups and SMBs supplemented by selective enterprise engagements, and management states a 92% long-term client rate, implying engagement-based rather than seat-based recurring revenue. There is no public disclosure of funding events, revenue, or ownership structure, and the studio's strategic posture is operational delivery-led rather than platform- or product-led.

Name

Malevich

Legal name

Malevich

Website

https://malevichstudio.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

Malevich is a Dnipro, Ukraine-based custom software development studio with 50+ engineers building web, mobile, e-commerce, blockchain, and enterprise systems for growth-stage businesses and startups across 30+ countries on a project-based services model.

Ownership category

akta.pro rank

Headquarters

HQ city

Dnipro

HQ country

Ukraine

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Custom Software Development Services: Malevich generates revenue through providing custom software development services including web development, mobile app development, enterprise software/ERP/CRM solutions, e-commerce development, UX/UI design, blockchain development, and DevOps services. Revenue is project-based, with clients paying for custom development work delivered on a per-project basis.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Malevich is a custom software development studio that designs, builds, and deploys bespoke web applications, mobile apps, enterprise CRM/ERP systems, e-commerce platforms, and blockchain solutions for growth-focused businesses worldwide. They deliver full-cycle engineering from UX/UI design and architecture through development, DevOps, CI/CD, and cloud-native deployment on AWS/Digital Ocean. Engagements are scoped and priced per project on a quote basis, with services sold directly to enterprise and startup clients globally.

Product overview

Malevich is a software development studio offering a portfolio of custom-developed digital products across multiple service lines: Web Development, Enterprise Software/ERP/CRM, E-commerce, Mobile Development, UX/UI Design, Blockchain, and DevOps. The company builds custom solutions rather than templated products, with services including Online Stores, Corporate Websites, B2B Solutions, Marketplaces, Mobile Apps (iOS, Android, Cross-Platform), Task Managers, Dashboards, CRM Systems, and Blockchain applications. Their portfolio includes HR platforms (PapaHR), Business Management tools (GPT Move), E-commerce platforms (Ceresit, Toyexpress, Pills Monster), Healthcare applications (SmartClinic, go clients tech, Assay-me), Real Estate platforms (Hometer), B2B portals (B2B Portal Mova), and various mobile applications for hospitality, beauty services, and scooter sharing. Each project is built with a modern tech stack including React, Node.js, GraphQL, and deployed on cloud infrastructure with CI/CD pipelines.

Differentiator

Problem solved

Functional benefit

Products and services

• Web Development

Quantifiable outcome

• 92% of clients are long-term clients returning for additional projects
• +4 more outcomes

Named customers36 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability1 record

Feature4 records

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• ELEKS: Ukrainian-headquartered custom software development and product design company delivering enterprise web, mobile, and data solutions across similar industries and geographies. Directly comparable in service mix (full-cycle custom development), target client base, and Ukrainian delivery model.
• Itransition: Mid-sized custom software development company offering web, mobile, enterprise, and e-commerce services to international clients. Comparable in horizontal service portfolio, project-based pricing, and cross-industry vertical coverage.
• Binariks: Eastern European software development company offering custom web and mobile development, with strong delivery into US and EU clients. Highly comparable in technology stack (React/Node), project-based revenue model, and SMB-to-mid-market client profile.
• Inoxoft: Custom software development company with Ukrainian roots delivering web, mobile, and enterprise applications to US and EU clients. Similar in offering breadth (web/mobile/cloud), industry verticals, and mid-sized delivery model.
• Uptech: Ukraine-based product development studio building mobile apps, web platforms, and MVPs for startups and growth-stage companies. Comparable in size (~50+ team), GTM motion (portfolio-led enterprise field sales), and tech stack (React Native, Node.js).
• Yalantis: Ukrainian custom software development company specializing in web, mobile, and IoT solutions for enterprise clients in logistics, healthcare, and fintech. Overlaps with Malevich in tech stack, verticals, and project-based delivery to international clients.

Broad incumbents

• Cognizant: Global IT services and consulting major providing custom software, digital, and enterprise solutions. Comparable service categories but at vastly larger scale with global delivery centers and enterprise client base; serves as the incumbent benchmark for services-shop valuations.
• SoftServe: Large Ukrainian-founded global IT services and digital consulting firm with thousands of engineers, offering software development, cloud, and data services. Overlaps heavily with Malevich's core services but operates at much larger scale and serves Fortune 500 clients.
• EPAM Systems: Global digital engineering and custom software development firm with deep Eastern European delivery heritage. Highly comparable service offerings but operates at vastly greater scale with publicly disclosed financials and enterprise customer base.

Emerging players

• Andela: Global tech talent marketplace and software development services provider connecting clients with vetted engineers, including significant African and Eastern European talent pools. Comparable in the custom development delivery model but differentiates via talent-as-a-service rather than fully managed project teams.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks4 records

Customer concentration

• LinkedInlinkedin.com/company/malevich

Revenue estimate

Valuation estimate

Number of profiles

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 Malevich