CipherBit
CipherBit Corp. is a Toronto-based mobile application development studio founded in 2018 that builds custom iOS apps for enterprise clients including Scotiabank and YES Networks using Apple's SwiftUI framework, and publishes niche consumer apps via the Apple App Store.
- Company typePrivate
- Founded2018
- HeadquartersToronto, Canada
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What CipherBit does
CipherBit Corp. is a Toronto-based mobile application development studio founded in 2018 that designs, builds, and maintains native iOS applications for both enterprise clients and consumer end-users. The company operates a hybrid business model, providing custom mobile development services under contract for enterprise clients while also publishing its own consumer apps through the Apple App Store. CipherBit works exclusively within the Apple ecosystem, building native applications using Apple's SwiftUI framework, and offers a structured four-step development process spanning ideation and discovery, research and prototyping, design and development, and post-launch support.
CipherBit's enterprise portfolio includes a from-scratch rebuild of the Scotiabank Mobile App — a banking application reported to have over 2,000,000 users, 99% crash-free performance, and full accessibility support for vision or motor impaired users — as well as iOS and AppleTV apps for YES Networks providing streaming access for Yankees, Nets, and NYCFC sports fans. Consumer-facing products include Craps Dice Tracker Pro (a dice-throwing statistics utility monetized via in-app purchases), SongFlow (an audio creation tool for musicians), and Emoji Memory (a casual memory game). Enterprise work is delivered as contracted professional services, while consumer apps generate revenue through App Store in-app purchases.
The company serves two distinct customer segments: enterprise organizations needing mobile application development or modernization (banking, sports media), and individual consumers using niche utility and entertainment apps (gaming, music). CipherBit maintains no publicly disclosed pricing or subscription tiers, markets primarily through its company website and App Store listings, and operates with a small team of 1–10 employees. No external funding rounds, partnerships, acquisitions, leadership hires, or AI capabilities are documented in the source material.
CipherBit firmographics
Firmographics- Name
- CipherBit
- Legal name
- CipherBit Corp.
- Website
- https://cipherbit.org
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- CipherBit Corp. is a Toronto-based mobile application development studio founded in 2018 that builds custom iOS apps for enterprise clients including Scotiabank and YES Networks using Apple's SwiftUI framework, and publishes niche consumer apps via the Apple App Store.
- Ownership category
- akta.pro rank
Where CipherBit is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
CipherBit business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Custom App Development Services: Contracted mobile app development for enterprise and business clients, building custom applications from ideation through deployment and post-launch support.
- Consumer App In-App Purchases: Monetization of consumer-facing apps through in-app purchases, as exemplified by Dice Tracker Pro.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels1 record
CipherBit product offering
Product offeringCore offering
CipherBit is a Toronto-based mobile application development studio that designs, builds, and launches iOS and AppleTV applications through a four-step process spanning ideation, research and discovery, design and development, and post-launch support. The company delivers custom enterprise mobile app projects for clients such as Scotiabank and YES Networks, and also publishes its own consumer apps (Dice Tracker Pro, SongFlow, Emoji Memory) on the Apple App Store, monetizing via in-app purchases.
Product overview
CipherBit Corp. is a mobile development company in business since 2018, offering end-to-end mobile application development services from ideation and discovery through research, design, development, deployment, and post-launch support. Their portfolio consists of five distinct iOS/AppleTV applications: Scotiabank Mobile App (a major banking application with 2+ million users), Craps Dice Tracker Pro (a utility app for dice game statistics), SongFlow Mobile App (an audio creation tool for musicians), YES Networks iOS & AppleTV App (a sports streaming application for Yankees, Nets, and NYCFC content), and Emoji Memory Game (a casual gaming app). All products are deployed exclusively through the Apple App Store ecosystem.
Differentiator
Problem solved
Functional benefit
Products and services
- Scotiabank Mobile App A complete mobile banking application rebuilt for Scotiabank, providing all banking needs with 99% crash-free performance, full accessibility support for vision or motor impaired users, and over 2,000,000 users; available for free on the App Store.
- Craps Dice Tracker Pro An iOS app built using SwiftUI that helps Craps players track their dice throws, provides statistical data, and is monetized via in-app purchases; available on the Apple App Store.
- SongFlow Mobile App An audio creation app for musicians that allows users to type their thoughts and continue recording their songs; available on the Apple App Store.
- YES Networks iOS & AppleTV App A mobile and AppleTV application built for YES Network fans providing streaming access to Yankees, Nets, and NYCFC sports content on iOS devices and AppleTV.
- Emoji Memory Game A simple memory improving game designed using Apple's SwiftUI framework, available on the Apple App Store.
Quantifiable outcome
- 2,000,000+ app users
- +1 more outcomes
Companies that use CipherBit
Customer profileNamed customers4 records
Segments2 records
Ideal customer profiles2 records
CipherBit technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
CipherBit partnerships and signals
Strategic signalScale indicators3 records
Recent moves5 records
Expansion highlights4 records
CipherBit competitors and assessment
Company assessmentDirect peers
- ArcTouch: Mobile app development agency building native iOS, Android, and connected TV apps for enterprise clients. Comparable on custom mobile delivery across app store ecosystems and post-launch support.
- Mutual Mobile: Custom mobile app development studio serving enterprise clients across banking, media, and consumer verticals. Directly comparable to CipherBit on iOS-centric enterprise delivery and accessibility-focused builds.
- WillowTree: Large US-based digital product agency specializing in mobile app design and development for enterprise clients including financial services and media. Directly comparable to CipherBit as a custom mobile app studio serving marquee enterprise brands.
- Atomic Object: Custom software and mobile app consultancy specializing in iOS, Android, and embedded apps for enterprise clients. Comparable to CipherBit on process-driven mobile delivery and small, senior-team model.
- Intellectsoft: Custom mobile and enterprise software development firm with iOS, Android, and AppleTV capabilities. Comparable on enterprise mobile delivery and post-launch support offerings.
- Y Media Labs: Digital innovation and mobile app development agency with enterprise client work in financial services and media. Comparable on custom iOS app delivery and design-led process.
- Fueled: Boutique digital agency focused on mobile app design and development for enterprise and consumer brands. Comparable to CipherBit on custom iOS app delivery and post-launch support model.
- Dom & Tom: Full-service digital product agency building native iOS and Android apps for enterprise and startup clients. Comparable to CipherBit on custom mobile delivery and end-to-end product process.
Emerging players
- MobiDev: Custom mobile and web application development studio with strong iOS and AppleTV experience. Comparable to CipherBit on native iOS delivery and product-led mobile studio model.
Broad incumbents
- Rightpoint: Larger digital experience agency with a dedicated mobile practice serving Fortune 500 enterprises. Comparable in mobile delivery capability but operates at significantly greater scale than CipherBit.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights5 records
Customer concentration
CipherBit social profiles
Digital presenceCipherBit financial estimates
Financial estimateRevenue estimate
Valuation estimate
CipherBit leadership team
Management profileNumber of profiles
CipherBit funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CipherBit M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CipherBit
What does CipherBit do?
CipherBit is a Toronto-based mobile application development studio that designs, builds, and launches iOS and AppleTV applications through a four-step process spanning ideation, research and discovery, design and development, and post-launch support. The company delivers custom enterprise mobile app projects for clients such as Scotiabank and YES Networks, and also publishes its own consumer apps (Dice Tracker Pro, SongFlow, Emoji Memory) on the Apple App Store, monetizing via in-app purchases.
Is CipherBit a public or private company?
CipherBit is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was CipherBit founded?
CipherBit was founded in 2018. It employs 1 to 10 people.
Where is CipherBit based?
CipherBit is headquartered in Toronto, Canada, in the North America region.
How does CipherBit make money?
Two revenue lines are on record. Custom App Development Services are the primary driver. The others are consumer App In-App Purchases.
Who are CipherBit's main competitors?
Direct peers on record are ArcTouch, Mutual Mobile, WillowTree, Atomic Object, Intellectsoft, Y Media Labs, Fueled and Dom & Tom. MobiDev is listed as an emerging player. Rightpoint is listed as a broad incumbent.
Does CipherBit have an API?
No public API is recorded for CipherBit.