Custom AI platforms, blockchain systems, FinTech apps, mobile apps, enterprise web applications
Top Software Company on Clutch 2026
Software Development Company
that delivers projects on time and within budget
Pharos Production is a custom software development company headquartered in Las Vegas, Nevada, with an engineering office in Kyiv, Ukraine. Founded in 2013 by Dr. Dmytro Nasyrov, the company specializes in Web3, blockchain, FinTech and AI application development with a team of 90+ engineers. As of 2026, Pharos Production has delivered over 70 applications for 200+ clients across 18 industries, with a 5/5 rating on Clutch based on 90 verified reviews.
Free consultation · No commitmentWhat is a custom software development company?
A custom software development company builds software tailored to a specific business instead of selling off-the-shelf products. The global custom software development market reached $43.16 billion in 2024 and is projected to grow at 22.5% CAGR through 2030 (Grand View Research). Enterprise AI spending alone is forecast to reach $297 billion by 2027 (IDC). Pharos Production is a custom software development company founded in 2013, with 90+ engineers in Las Vegas and Kyiv. We design, build and deploy production software for AI, FinTech, healthcare, Web3 and enterprise clients. 70+ applications delivered across 18 industries. Certified to ISO 27001 and SOC 2 Type II. Rated 5/5 on Clutch based on 90 verified reviews.
Pharos Production Inc. is a custom software development company (not to be confused with Pharos Systems, Pharos University, or the Pharos blockchain) - we build blockchain, FinTech and healthcare software.
Pharos Production at a glance
ISO 27001, SOC 2 Type II, HIPAA ready, PCI DSS architecture, GDPR compliant, NDA protected
4 hours during business days for estimates, 48 hours for detailed proposals with architecture recommendations
Founders, CTOs and CEOs at FinTech, healthcare, Web3 and enterprise companies across 18 industries
MVP in 8-14 weeks, production releases in 4-8 months, enterprise platforms in 6-12+ months
Template websites, no-code MVPs, marketing-only projects, short-term (<1 month) contracts, budgets under $10K
What we can do
Custom software development specializing in blockchain, Web3, FinTech and AI solutions for businesses worldwide.
2013 Founded
90+ Engineers
70+ Apps delivered
15+ AI Projects
18 Industries
5/5 Clutch (2026)
Pharos Production is a custom software development company specializing in blockchain, Web3, FinTech and AI solutions. Founded in 2013 and headquartered in Las Vegas, Nevada, the company has delivered over 70 applications for 200+ clients across 18 industries, with a team of 90+ engineers. Rated 5/5 on Clutch based on 315 verified client reviews (2026).
We offer 6 service categories:
- AI Development: AI development is the process of building intelligent systems that learn from data, reason about problems and take autonomous actions.…
- Blockchain & Web3: Blockchain development is the engineering of decentralized applications, smart contracts and distributed ledger systems that enable trustless transactions without intermediaries.…
- FinTech Development: FinTech development is the engineering of regulated financial software including payment processing, banking platforms, trading systems, RegTech compliance and tokenized…
- Software Development: Custom software development is the process of designing, building and maintaining software tailored to a specific organization's workflows, data and…
- Security and QA: Software security and quality assurance protect applications from threats and verify they meet functional, performance and compliance requirements through code…
- Consulting: Software consulting is the practice of advising businesses on technology strategy, system architecture, product validation and delivery models before and…
AI Development
AI development is the process of building intelligent systems that learn from data, reason about problems and take autonomous actions.
AI development is the process of building intelligent systems that learn from data, reason about problems and take autonomous actions. Pharos Production delivers production-grade AI solutions - from custom AI agents and LLM-powered applications to RAG knowledge systems and intelligent automation platforms. With the global AI agent market projected to reach $52.62 billion by 2030 (DemandSage, 2026) and 72% of enterprises already testing agentic AI, demand for reliable AI engineering continues to accelerate. . From proof of concept to production deployment, we build AI that works at scale.
Pharos brought 12 years of production engineering discipline to our AI agent project - the system handled 50,000 daily requests from day one with 99.9% uptime
AI Services
AI Agent Development
Generative AI and LLM Integration
RAG Knowledge Systems
AI Workflow Automation
AI Consulting and Strategy
MLOps and AI Operations
Machine Learning Development
Computer Vision
NLP Development
AI Copilot Development
RPA Development
AI Governance
AI Product Engineering
AI Integration Services
AI Technologies
Blockchain & Web3
Blockchain development is the engineering of decentralized applications, smart contracts and distributed ledger systems that enable trustless transactions without intermediaries.
Blockchain development is the engineering of decentralized applications, smart contracts and distributed ledger systems that enable trustless transactions without intermediaries. Pharos Production leads in blockchain innovation by creating solutions that are secure, transparent and built for scale. With the global blockchain market projected to reach $163.83 billion by 2029 (MarketsandMarkets, 2024), demand for reliable smart contracts and DeFi platforms continues to grow. . Our experience with high-load Web3 systems ensures your project emphasizes performance, scalability and compliance.
Their smart contract architecture handled 50,000 daily transactions from day one with zero security incidents
Smart Contracts and dApps
Supported Blockchain Platforms
Ethereum (ERC-20, ERC-721, ERC-1155)
Solana
TON
Binance Smart Chain (BSC)
Polygon
Arbitrum
Base
Avalanche
Cosmos
MultiversX
Hyperledger and Consensys Quorum
FinTech Development
FinTech development is the engineering of regulated financial software including payment processing, banking platforms, trading systems, RegTech compliance and tokenized finance.
FinTech development is the engineering of regulated financial software including payment processing, banking platforms, trading systems, RegTech compliance and tokenized finance. Pharos Production builds production-grade FinTech applications with bank-level security and compliance baked in from day one. With the global FinTech market projected to reach $1.5 trillion by 2030 (BCG, 2025) and 90% of consumers now using FinTech services daily, demand for reliable financial engineering continues to accelerate. . We work with banks, payment companies, FinTech startups and crypto-FinTech hybrids across PSD2, MiCA, ISO 20022 and KYC/AML requirements.
Pharos delivered our payment platform on time with PCI DSS Level 1 certification and SOC 2 Type II in parallel - the audit cycle saved us four months
FinTech Solutions
Payment Solutions Development
Banking Software Development
Compliance and RegTech Solutions
Digital Assets and Trading Platforms
Insurance Software Development
Crypto Payment Infrastructure
Compliant Crypto Wallet Development
Tokenized Finance Development
DeFi for Financial Institutions
Tokenization and RWA Development
Web3 FinTech Development
Compliance and Standards
PCI DSS Level 1
SOC 2 Type II
ISO 27001
KYC and AML
GDPR
PSD2
MiFID II
FATF Travel Rule
MiCA (EU)
ISO 20022 messaging
Software Development
Custom software development is the process of designing, building and maintaining software tailored to a specific organization's workflows, data and growth goals.
Custom software development is the process of designing, building and maintaining software tailored to a specific organization's workflows, data and growth goals. At Pharos Production, we turn complex business challenges into high-performing digital solutions using high-load systems, scalable architectures and modern frameworks. According to Clutch (2026), Pharos Production ranks among the top software development companies globally, with a 5/5 rating from verified clients. . We stay within budget, meet deadlines and ensure every product release aligns with your long-term vision.
Pharos delivered our platform two weeks ahead of schedule and the code quality exceeded our expectations
Custom Engineering
Specialty and Modernization
UI/UX Design
Database Design
Microservices Architecture
Legacy Modernization
Software Integration
Cloud Services and Migration
SaaS Development
Telegram Mini Apps
Manual and Automation QA
Security and QA
Software security and quality assurance protect applications from threats and verify they meet functional, performance and compliance requirements through code audits, penetration testing, vulnerability assessments and automated testing across the development lifecycle.
Software security and quality assurance protect applications from threats and verify they meet functional, performance and compliance requirements through code audits, penetration testing, vulnerability assessments and automated testing across the development lifecycle. At Pharos Production, security and QA are integrated into every stage of development. With the average cost of a data breach reaching $4.88 million in 2024 (IBM Cost of a Data Breach Report) and the cost of poor software quality in the US at $2.41 trillion annually (CISQ, 2024), proactive security and QA are critical. . Whether safeguarding financial platforms, auditing smart contracts or running large-scale load tests, we ensure your software remains resilient, performant and ready for real-world use.
Pharos identified three critical vulnerabilities in our smart contracts before mainnet launch and dropped production incidents by 85% in the first quarter after taking over QA
Security Audits
Cybersecurity and Compliance
Consulting
Software consulting is the practice of advising businesses on technology strategy, system architecture, product validation and delivery models before and during development.
Software consulting is the practice of advising businesses on technology strategy, system architecture, product validation and delivery models before and during development. Pharos Production offers strategic consulting that aligns business goals with technology decisions. According to McKinsey (2023), 70% of digital transformation projects fail due to poor planning and architecture decisions. . We assist you in selecting the right stack, optimizing infrastructure, validating your product vision and scaling delivery through staff augmentation or offshore development centers to cut costs and accelerate time-to-market.
Their discovery phase saved us six months of development by identifying the right architecture from the start
Strategy and Architecture
Delivery Models
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AI Development
AI development is the process of building intelligent systems that learn from data, reason about problems and take autonomous actions. Pharos Production delivers production-grade AI solutions - from custom AI agents and LLM-powered applications to RAG knowledge systems and intelligent automation platforms. With the global AI agent market projected to reach $52.62 billion by 2030 (DemandSage, 2026) and 72% of enterprises already testing agentic AI, demand for reliable AI engineering continues to accelerate. "Pharos brought 12 years of production engineering discipline to our AI agent project - the system handled 50,000 daily requests from day one with 99.9% uptime" - CTO, enterprise client (2025). From proof of concept to production deployment, we build AI that works at scale.
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AI Services
AI Agent Development Generative AI and LLM Integration RAG Knowledge Systems AI Workflow Automation AI Consulting and Strategy MLOps and AI Operations Machine Learning Development Computer Vision NLP Development AI Copilot Development RPA Development AI Governance AI Product Engineering AI Integration Services -
AI Technologies
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Blockchain & Web3
Blockchain development is the engineering of decentralized applications, smart contracts and distributed ledger systems that enable trustless transactions without intermediaries. Pharos Production leads in blockchain innovation by creating solutions that are secure, transparent and built for scale. With the global blockchain market projected to reach $163.83 billion by 2029 (MarketsandMarkets, 2024), demand for reliable smart contracts and DeFi platforms continues to grow. "Their smart contract architecture handled 50,000 daily transactions from day one with zero security incidents" - CEO, crypto exchange client (2024). Our experience with high-load Web3 systems ensures your project emphasizes performance, scalability and compliance.
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Smart Contracts and dApps
-
Supported Blockchain Platforms
Ethereum (ERC-20, ERC-721, ERC-1155) Solana TON Binance Smart Chain (BSC) Polygon Arbitrum Base Avalanche Cosmos MultiversX Hyperledger and Consensys Quorum
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FinTech Development
FinTech development is the engineering of regulated financial software including payment processing, banking platforms, trading systems, RegTech compliance and tokenized finance. Pharos Production builds production-grade FinTech applications with bank-level security and compliance baked in from day one. With the global FinTech market projected to reach $1.5 trillion by 2030 (BCG, 2025) and 90% of consumers now using FinTech services daily, demand for reliable financial engineering continues to accelerate. "Pharos delivered our payment platform on time with PCI DSS Level 1 certification and SOC 2 Type II in parallel - the audit cycle saved us four months" - CTO, European payments provider (2025). We work with banks, payment companies, FinTech startups and crypto-FinTech hybrids across PSD2, MiCA, ISO 20022 and KYC/AML requirements.
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FinTech Solutions
Payment Solutions Development Banking Software Development Compliance and RegTech Solutions Digital Assets and Trading Platforms Insurance Software Development Crypto Payment Infrastructure Compliant Crypto Wallet Development Tokenized Finance Development DeFi for Financial Institutions Tokenization and RWA Development Web3 FinTech Development -
Compliance and Standards
PCI DSS Level 1 SOC 2 Type II ISO 27001 KYC and AML GDPR PSD2 MiFID II FATF Travel Rule MiCA (EU) ISO 20022 messaging
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Software Development
Custom software development is the process of designing, building and maintaining software tailored to a specific organization's workflows, data and growth goals. At Pharos Production, we turn complex business challenges into high-performing digital solutions using high-load systems, scalable architectures and modern frameworks. According to Clutch (2026), Pharos Production ranks among the top software development companies globally, with a 5/5 rating from verified clients. "Pharos delivered our platform two weeks ahead of schedule and the code quality exceeded our expectations" - CTO, European FinTech provider (2024). We stay within budget, meet deadlines and ensure every product release aligns with your long-term vision.
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Custom Engineering
-
Specialty and Modernization
UI/UX Design Database Design Microservices Architecture Legacy Modernization Software Integration Cloud Services and Migration SaaS Development Telegram Mini Apps Manual and Automation QA
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Security and QA
Software security and quality assurance protect applications from threats and verify they meet functional, performance and compliance requirements through code audits, penetration testing, vulnerability assessments and automated testing across the development lifecycle. At Pharos Production, security and QA are integrated into every stage of development. With the average cost of a data breach reaching $4.88 million in 2024 (IBM Cost of a Data Breach Report) and the cost of poor software quality in the US at $2.41 trillion annually (CISQ, 2024), proactive security and QA are critical. "Pharos identified three critical vulnerabilities in our smart contracts before mainnet launch and dropped production incidents by 85% in the first quarter after taking over QA" - CTO, DeFi protocol client (2024). Whether safeguarding financial platforms, auditing smart contracts or running large-scale load tests, we ensure your software remains resilient, performant and ready for real-world use.
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Security Audits
-
Cybersecurity and Compliance
-
QA and Testing
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Consulting
Software consulting is the practice of advising businesses on technology strategy, system architecture, product validation and delivery models before and during development. Pharos Production offers strategic consulting that aligns business goals with technology decisions. According to McKinsey (2023), 70% of digital transformation projects fail due to poor planning and architecture decisions. "Their discovery phase saved us six months of development by identifying the right architecture from the start" - VP Engineering, US healthcare startup (2023). We assist you in selecting the right stack, optimizing infrastructure, validating your product vision and scaling delivery through staff augmentation or offshore development centers to cut costs and accelerate time-to-market.
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Strategy and Architecture
-
Delivery Models
-
Specialty Practices
-
AI Development
AI development is the process of building intelligent systems that learn from data, reason about problems and take autonomous actions. Pharos Production delivers production-grade AI solutions - from custom AI agents and LLM-powered applications to RAG knowledge systems and intelligent automation platforms. With the global AI agent market projected to reach $52.62 billion by 2030 (DemandSage, 2026) and 72% of enterprises already testing agentic AI, demand for reliable AI engineering continues to accelerate. "Pharos brought 12 years of production engineering discipline to our AI agent project - the system handled 50,000 daily requests from day one with 99.9% uptime" - CTO, enterprise client (2025). From proof of concept to production deployment, we build AI that works at scale.
AI Services
- AI Agent Development
- Generative AI and LLM Integration
- RAG Knowledge Systems
- AI Workflow Automation
- AI Consulting and Strategy
- MLOps and AI Operations
- Machine Learning Development
- Computer Vision
- NLP Development
- AI Copilot Development
- RPA Development
- AI Governance
- AI Product Engineering
- AI Integration Services
AI Technologies
- Python and PyTorch
- LangChain and LangGraph
- OpenAI GPT and Anthropic Claude
- Hugging Face Transformers
- AWS SageMaker and Bedrock
- Vector Databases (Pinecone, Weaviate)
- TensorFlow and Keras
- OpenCV and spaCy
- LlamaIndex
- OpenAI Agents SDK and Claude MCP
Blockchain & Web3
Blockchain development is the engineering of decentralized applications, smart contracts and distributed ledger systems that enable trustless transactions without intermediaries. Pharos Production leads in blockchain innovation by creating solutions that are secure, transparent and built for scale. With the global blockchain market projected to reach $163.83 billion by 2029 (MarketsandMarkets, 2024), demand for reliable smart contracts and DeFi platforms continues to grow. "Their smart contract architecture handled 50,000 daily transactions from day one with zero security incidents" - CEO, crypto exchange client (2024). Our experience with high-load Web3 systems ensures your project emphasizes performance, scalability and compliance.
Smart Contracts and dApps
- Smart Contract Development
- Smart Contract Architecture Design
- dApp Development
- DeFi Development
- Web3 Development
- NFT Development
- NFT Marketplace Development
- Token Airdrops
- Crypto Wallet Development
- Crypto Exchange Development
- Security Audits and Gas Optimization
Supported Blockchain Platforms
- Ethereum (ERC-20, ERC-721, ERC-1155)
- Solana
- TON
- Binance Smart Chain (BSC)
- Polygon
- Arbitrum
- Base
- Avalanche
- Cosmos
- MultiversX
- Hyperledger and Consensys Quorum
FinTech Development
FinTech development is the engineering of regulated financial software including payment processing, banking platforms, trading systems, RegTech compliance and tokenized finance. Pharos Production builds production-grade FinTech applications with bank-level security and compliance baked in from day one. With the global FinTech market projected to reach $1.5 trillion by 2030 (BCG, 2025) and 90% of consumers now using FinTech services daily, demand for reliable financial engineering continues to accelerate. "Pharos delivered our payment platform on time with PCI DSS Level 1 certification and SOC 2 Type II in parallel - the audit cycle saved us four months" - CTO, European payments provider (2025). We work with banks, payment companies, FinTech startups and crypto-FinTech hybrids across PSD2, MiCA, ISO 20022 and KYC/AML requirements.
FinTech Solutions
- Payment Solutions Development
- Banking Software Development
- Compliance and RegTech Solutions
- Digital Assets and Trading Platforms
- Insurance Software Development
- Crypto Payment Infrastructure
- Compliant Crypto Wallet Development
- Tokenized Finance Development
- DeFi for Financial Institutions
- Tokenization and RWA Development
- Web3 FinTech Development
Compliance and Standards
- PCI DSS Level 1
- SOC 2 Type II
- ISO 27001
- KYC and AML
- GDPR
- PSD2
- MiFID II
- FATF Travel Rule
- MiCA (EU)
- ISO 20022 messaging
Software Development
Custom software development is the process of designing, building and maintaining software tailored to a specific organization's workflows, data and growth goals. At Pharos Production, we turn complex business challenges into high-performing digital solutions using high-load systems, scalable architectures and modern frameworks. According to Clutch (2026), Pharos Production ranks among the top software development companies globally, with a 5/5 rating from verified clients. "Pharos delivered our platform two weeks ahead of schedule and the code quality exceeded our expectations" - CTO, European FinTech provider (2024). We stay within budget, meet deadlines and ensure every product release aligns with your long-term vision.
Custom Engineering
- Custom Software Development
- Backend Development
- Frontend Development
- Mobile Apps Development
- iOS Development
- Android Development
- Cross-Platform Development
- DevOps
- MVP Development
Specialty and Modernization
- UI/UX Design
- Database Design
- Microservices Architecture
- Legacy Modernization
- Software Integration
- Cloud Services and Migration
- SaaS Development
- Telegram Mini Apps
- Manual and Automation QA
Security and QA
Software security and quality assurance protect applications from threats and verify they meet functional, performance and compliance requirements through code audits, penetration testing, vulnerability assessments and automated testing across the development lifecycle. At Pharos Production, security and QA are integrated into every stage of development. With the average cost of a data breach reaching $4.88 million in 2024 (IBM Cost of a Data Breach Report) and the cost of poor software quality in the US at $2.41 trillion annually (CISQ, 2024), proactive security and QA are critical. "Pharos identified three critical vulnerabilities in our smart contracts before mainnet launch and dropped production incidents by 85% in the first quarter after taking over QA" - CTO, DeFi protocol client (2024). Whether safeguarding financial platforms, auditing smart contracts or running large-scale load tests, we ensure your software remains resilient, performant and ready for real-world use.
Security Audits
- Smart Contracts Audit
- Blockchain Audit
- dApp Audit
- Crypto Wallet Audit
- Application-Level Security
- Server and Infrastructure Security
- Data Protection
- Penetration Testing
Cybersecurity and Compliance
- Cybersecurity
- Compliance and RegTech
- User and Operational Security
- Third-party and Compliance Assessment
- GDPR and Data Privacy
- ISO 27001 Implementation
QA and Testing
- Automation Testing
- Performance Testing
- Manual Testing
- Regression Testing
- API Testing
- End-to-end Testing
- Load and Stress Testing
- Security Testing
Consulting
Software consulting is the practice of advising businesses on technology strategy, system architecture, product validation and delivery models before and during development. Pharos Production offers strategic consulting that aligns business goals with technology decisions. According to McKinsey (2023), 70% of digital transformation projects fail due to poor planning and architecture decisions. "Their discovery phase saved us six months of development by identifying the right architecture from the start" - VP Engineering, US healthcare startup (2023). We assist you in selecting the right stack, optimizing infrastructure, validating your product vision and scaling delivery through staff augmentation or offshore development centers to cut costs and accelerate time-to-market.
Strategy and Architecture
- IT Consulting
- Software Architecture Design
- Startup Consulting
- Software Product Discovery Phase
- Business Analysis
- Digital Transformation Services
- AI Governance Consulting
Delivery Models
- Staff Augmentation
- Offshore Development Center
- Dedicated Team
- MVP Development
- White Label Development
- Digital Product Management
Specialty Practices
- DevSecOps Consulting
- Software Reliability Engineering
- Cloud Services and Migration
- Legacy Modernization
- Software Integration
Pharos Production serves 28 industries including Crypto, Web3 and Blockchain, Sports and Sportsbooks, Casino and Gambling, FinTech, Healthcare, E-Commerce, Insurance, Energy and Utilities, Education, Telecom, Media and Entertainment, Logistics and Transportation, Marketing, Banking, Construction and Real Estate, Agriculture, Travel, Fitness, Food & Restaurant, On-Demand, Manufacturing, Automotive, Oil & Gas, Supply Chain, Gaming, Streaming, Aviation.
Industries we serve
Healthcare
Commerce
Entertainment
Crypto
Pharos Production has 12 years of experience creating secure, high-performance solutions for the crypto industry. With the global cryptocurrency market reaching a $2.66 trillion market cap (CoinGecko, 2024), demand for reliable exchanges, wallets and tokenization platforms continues to grow. We have delivered platforms like PumpTap Crypto Wallet and GridTradeX prediction game, building systems that handle high transaction volumes while prioritizing security, speed and regulatory compliance.
- crypto exchanges
- token issuers
- custody providers
- DeFi protocols
- crypto payment gateways
Web3 and Blockchain
As pioneers in Web3 and blockchain development, Pharos Production creates scalable dApps, smart contracts and decentralized platforms. With the global Web3 market projected to reach $81.5 billion by 2030 (Grand View Research, 2024), demand for reliable decentralized infrastructure continues to accelerate. Our proven track record in high-load blockchain systems guarantees your projects are built for both performance and adoption.
- dApp developers
- NFT marketplaces
- DAO platforms
- Blockchain infrastructure providers
- Layer 2 solutions
Sports and Sportsbooks
Pharos Production specializes in building scalable, real-time platforms for sports and betting. The global online sports betting market reached $83.65 billion in 2024 (Statista) and is expected to grow at 10.3% CAGR through 2030. With 12 years of experience, we deliver systems that handle live data feeds, massive user loads and secure financial transactions.
- online sportsbooks
- sports analytics companies
- fantasy sports platforms
- sports betting operators
- sports data providers
Casino and Gambling
We create casino and iGaming platforms that are secure, reliable and engaging. The global online gambling market is projected to reach $153.57 billion by 2030 (Fortune Business Insights, 2024). With expertise in high-load architectures and regulatory compliance, Pharos Production guarantees smooth gameplay, safe transactions and strong user retention.
- online casinos
- iGaming providers
- game studios
- lottery operators
- regulatory technology providers
FinTech
Pharos Production has 12 years of experience delivering innovative financial technology solutions. The global FinTech market reached $194.1 billion in 2024 (Statista) and continues to grow rapidly. We have built platforms like Pleenk, a secure payments system processing thousands of daily transactions, and developed compliant solutions for digital banks, lending platforms and payment processors. Our FinTech projects are built with PCI DSS and SOC 2 compliance from day one.
- Digital banks
- Lending platforms
- Payment processors
- Wealth management platforms
- Trading and investment apps
Healthcare
We assist healthcare organizations in modernizing their systems with secure, scalable software. Pharos Production develops HIPAA and GDPR-compliant solutions, including platforms like CareConnect Patient Portal (patient engagement) and MedCore EHR (electronic health records). With the digital health market projected to exceed $550 billion by 2027 (Global Market Insights), our solutions protect sensitive patient data while improving clinical workflows and operational efficiency.
- Healthcare payers
- Medical laboratories
- Healthcare providers
- Biotech and pharma
- Medical devices and diagnostics
E-Commerce
Pharos Production develops scalable e-commerce platforms that increase conversions and improve user experience. Global e-commerce sales reached $6.3 trillion in 2024 (eMarketer) and are projected to exceed $8 trillion by 2027. Our expertise ranges from high-performance marketplaces to personalized shopping engines built for peak traffic and mobile-first experiences.
- Online retailers
- B2B marketplaces
- Subscription platforms
- Fashion and lifestyle brands
- Food delivery services
Insurance
We provide digital solutions that assist insurers in modernizing operations, reducing risks and serving clients more quickly. The global insurtech market reached $5.45 billion in 2023 and is projected to grow at 52.7% CAGR through 2030 (Grand View Research). Pharos Production creates claims automation, underwriting and customer self-service platforms customized for insurance needs.
- insurance carriers
- brokers
- insurtech startups
- reinsurance companies
- claims management firms
Energy and Utilities
Pharos Production helps energy companies improve operations with secure, scalable software. Global investment in digital energy technologies reached $55 billion in 2024 (IEA World Energy Outlook). From real-time monitoring to predictive analytics, we support businesses as they adapt to the changing energy landscape and transition to renewable sources.
- utility providers
- renewable energy companies
- oil and gas operators
- smart grid solution providers
- energy trading platforms
Education
With 12 years of experience, Pharos Production develops engaging and scalable EdTech platforms. The global EdTech market reached $142.37 billion in 2023 and is projected to grow at 13.4% CAGR through 2030 (Grand View Research). From virtual classrooms to personalized learning systems, we create tools that empower both learners and educators.
- universities and colleges
- online course platforms
- edtech startups
- training centers
- certification providers
Telecom
We assist telecom operators with high-performance platforms that guarantee reliable connectivity and customer management. The global telecom services market exceeded $1.8 trillion in 2024 (Mordor Intelligence). Pharos Production provides solutions for billing, network monitoring and digital services that handle millions of subscribers.
- telecom operators
- internet service providers
- VoIP companies
- telecom equipment providers
- mobile app providers
Media and Entertainment
Pharos Production develops high-capacity platforms for streaming, gaming and interactive experiences. The global media and entertainment market reached $2.6 trillion in 2024 (PwC Global Entertainment and Media Outlook). Our solutions provide smooth performance for millions of concurrent users worldwide.
- video streaming services
- online gaming platforms
- digital content distributors
- music streaming companies
- production studios
Logistics and Transportation
We create logistics and transportation systems that streamline operations and boost efficiency. The global logistics market reached $9.4 trillion in 2024 (Statista). From fleet management to real-time tracking, Pharos Production makes sure your supply chain runs smoothly with data-driven visibility at every stage.
- freight forwarders
- shipping companies
- logistics startups
- last-mile delivery providers
- fleet operators
Marketing
Pharos Production develops scalable platforms that drive data-driven marketing campaigns. The global martech market reached $584.87 billion in 2024 (Statista). Our expertise in analytics and automation helps businesses connect with the right audience, personalize experiences and increase ROI across channels.
- digital marketing agencies
- martech startups
- customer data platforms
- ad tech companies
- loyalty program providers
Banking
We assist banks in modernizing with secure, compliant and scalable digital platforms. Global digital banking users surpassed 3.6 billion in 2024 (Juniper Research). Pharos Production specializes in online banking, mobile apps and transaction processing systems built with PCI DSS compliance from the ground up.
- retail banks
- corporate banks
- investment banks
- neobanks and regulatory compliance providers
Construction and Real Estate
Pharos Production creates digital solutions that make real estate management and construction workflows easier. The global proptech market reached $33.57 billion in 2023 and is projected to grow at 15.8% CAGR through 2030 (Grand View Research). From property marketplaces to project tracking, we provide tools that improve transparency and efficiency.
- real estate agencies
- property marketplaces
- construction firms
- proptech startups
- facility management companies
Agriculture
We deliver digital transformation to agriculture with software that boosts productivity and sustainability. The global agritech market reached $22.5 billion in 2024 and is projected to exceed $41 billion by 2030 (MarketsandMarkets). Pharos Production develops platforms for precision farming, supply chain management and intelligent monitoring.
- agritech startups
- food supply chains
- farm equipment companies
- cooperatives
- agricultural exporters
Travel
Pharos Production develops travel platforms that offer seamless booking, personalization and real-time updates. The global travel technology market reached $10.3 billion in 2024 and is growing at 8.6% CAGR (Allied Market Research). Our solutions guarantee smooth user experiences for both travelers and providers.
- online travel agencies (OTAs)
- airlines
- hotel chains
- travel aggregators
- tour operators
Fitness
Pharos Production builds high-performance fitness and wellness platforms that connect users with personalized health experiences. The global fitness app market reached $1.54 billion in 2024 and is projected to grow at 17.6% CAGR through 2030 (Grand View Research). We develop wearable integrations, AI-powered coaching engines and gym management systems that handle real-time biometric data, adaptive training plans and member engagement - helping fitness brands scale while keeping users motivated and healthy.
- Wearable apps
- AI coaching
- Gym management
- Health tracking
Food & Restaurant
Pharos Production delivers technology solutions that transform restaurant operations and food service businesses. The global restaurant management software market reached $5.7 billion in 2024 and is growing at 14.6% CAGR (Fortune Business Insights). We build POS systems, delivery platforms, kitchen automation tools and loyalty programs that streamline ordering, reduce wait times and increase repeat visits - giving food businesses the digital edge they need to thrive.
- POS systems
- Delivery platforms
- Kitchen automation
- Loyalty programs
On-Demand
Pharos Production creates on-demand platforms that connect customers with services in real time. The global on-demand economy reached $335 billion in 2024 with ride-hailing and delivery driving most of that growth (PwC). We build real-time dispatch engines, marketplace platforms and dynamic pricing systems that handle millions of concurrent requests - providing the speed and reliability users expect from modern on-demand experiences.
- Ride-hailing
- Delivery apps
- Marketplace platforms
- Real-time dispatch
Manufacturing
Pharos Production develops smart manufacturing solutions that drive Industry 4.0 transformation. The global smart manufacturing market reached $277.8 billion in 2024 and is projected to grow at 13.1% CAGR through 2030 (MarketsandMarkets). We build MES platforms, digital twins and predictive maintenance systems that reduce downtime, optimize production lines and deliver real-time quality control - helping manufacturers achieve operational excellence at scale.
- MES platforms
- Digital twins
- Predictive maintenance
- Quality control
Automotive
Pharos Production engineers software that powers the next generation of connected vehicles and mobility services. The global automotive software market reached $38.9 billion in 2024 and is expected to exceed $60 billion by 2030 (Allied Market Research). We develop connected car platforms, ADAS data pipelines, fleet management dashboards and EV charging networks - delivering reliable systems that meet strict automotive safety and performance standards.
- Connected vehicles
- ADAS systems
- Fleet management
- EV charging
Oil & Gas
Pharos Production builds robust software for the oil and gas sector that improves safety, efficiency and regulatory compliance. The global oilfield digital services market reached $30.5 billion in 2024 (Mordor Intelligence). We develop SCADA systems, pipeline monitoring platforms, drilling optimization tools and HSE compliance dashboards - providing operators with real-time visibility across upstream, midstream and downstream operations.
- SCADA systems
- Pipeline monitoring
- Drilling optimization
- HSE compliance
Supply Chain
Pharos Production develops supply chain management platforms that bring end-to-end visibility and control. The global SCM software market reached $19.3 billion in 2024 and is growing at 11.2% CAGR (Grand View Research). We build warehouse management systems, demand forecasting engines, procurement automation and track-and-trace solutions - enabling businesses to reduce inventory costs, prevent stockouts and respond faster to market shifts.
- Warehouse management
- Demand forecasting
- Procurement
- Track and trace
Gaming
Pharos Production builds scalable gaming infrastructure that keeps players engaged and studios profitable. The global gaming market reached $187.7 billion in 2024 (Newzoo). We develop game backend services, real-time matchmaking systems, anti-cheat solutions and LiveOps platforms - handling millions of concurrent players with low latency while providing studios with tools for analytics, monetization and content updates.
- Game backends
- Matchmaking
- Anti-cheat
- LiveOps platforms
Streaming
Pharos Production develops streaming platforms that deliver content reliably to millions of viewers worldwide. The global OTT streaming market reached $233.5 billion in 2024 and is projected to grow at 14.2% CAGR through 2030 (Grand View Research). We build OTT platforms, CDN orchestration layers, DRM integration pipelines and content management systems - providing seamless playback, personalized recommendations and robust content protection at any scale.
- OTT platforms
- CDN orchestration
- DRM integration
- Content management
Aviation
Pharos Production builds mission-critical aviation software that improves safety, efficiency and regulatory compliance. The global aviation software market reached $11.2 billion in 2024 and is projected to grow at 7.8% CAGR through 2030 (MarketsandMarkets). We develop flight operations platforms, crew scheduling systems, MRO management tools and airport infrastructure solutions - delivering the reliability and precision that aviation demands.
- Flight operations
- Crew scheduling
- MRO systems
- Airport management
Why Choose Pharos Production
- >50 MVPs and PoCs Created
- >70 Applications created
- >90 Top-class engineers
- >13 Years in Business
Rated 5/5 on Clutch, GoodFirms and Google 315+ verified reviews (2026)
Pharos Production has achieved over 50 mvps and pocs created, over 70 applications created, over 90 top-class engineers and over 13 years in business. Rated 5/5 on Clutch, GoodFirms and Google with 315+ verified client reviews as of 2026.
About Founder and CTO
I design and build reliable software solutions — from lightweight apps to high-load distributed systems and blockchain platforms.
PhD in Artificial Intelligence, MSc in Computer Science (with honors), MSc in Electronics & Precision Mechanics.
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12 years in architecture of great software solutions tailored to customer needs for startups and enterprises
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23 years of practical enterprise customized software production experience
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Lecturer at the National Kyiv Polytechnic University
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Doctor of Philosophy in Artificial Intelligence
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Master’s degree in Computer Science, completed with excellence
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Master’s degree in Electronics and precision mechanics engineering
An approach to the development cycle
The Pharos Delivery Framework divides every project into 2-week sprints. After each sprint there is a retrospective of the work done, planning for the next sprint, a report of the work done and a plan for the next sprint. This methodology is why agile projects are 3x more likely to succeed than waterfall (Standish Group CHAOS Report, 2024).
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Team Assembly
Our company starts and assembles an entire project specialists with the perfect blend of skills and experience to start the work.
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MVP
We’ll design, build, and launch your MVP, ensuring it meets the core requirements of your software solution.
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Production
We’ll create a complete software solution that is custom-made to meet your exact specifications.
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Ongoing
Continuous Support
Our company will be right there with you, keeping your software solution running smoothly, fixing issues, and rolling out updates.
Client testimonials
Direct feedback from founders, CTOs and project managers who partnered with Pharos Production
Based on 0 verified client review
Top Project
Pharos Production has successfully developed smart contracts and deployed them on multiple blockchain networks, built a robust data aggregation system, and designed a scalable server infrastructure. The team of professionals has also developed and documented web and iOS app development and Android app development that allows external platforms to integrate with the client.
Reviews
Independent reviews from Clutch, GoodFirms and Google - verified client feedback on our software projects
Based on 11 verified client reviews
View case studiesChoose your cooperation model
Suitable for the project test
MVP
Core software architecture, initial UI/UX, working prototype in 3 months
$10,000-$25,000
Popular choice
Suitable in 9 out of 10 cases
Full-fledged Production
Software architecture, UI/UX, customized software development, manual and automated testing, cloud deployment
$25,000-$50,000
Turnkey development
Full-cycle Development
Comprehensive software architecture and documentation, UI/UX design layouts, UI kit, clickable prototypes, cloud deployment, continuous integration, as well as automated monitoring and notifications.
$50,000-$80,000
Prices vary based on project scope, complexity, timeline and requirements. Contact us for a personalized estimate.
Or select the appropriate interaction model
Request staff augmentation
Need extra hands on your software project? Our developers can jump in at any stage – from architecture to auditing – and integrate seamlessly with your team to fill any technical gaps.
Popular choice
Hire dedicated experts
Whether you’re building from scratch or scaling fast, our engineers are ready to step in. You stay in control, and we handle the code.
Outsource your project
From first line to final audit, we handle the entire development process. We will deliver secure, production-ready software, while you can focus on your business.
| Model | Best for | Team setup | Budget range |
|---|---|---|---|
| Staff Augmentation | Existing teams needing extra engineers at any project stage | 1-2 weeks | From $5,000/month |
| Dedicated Team Popular | Long-term projects requiring full ownership and control | 2-4 weeks | From $15,000/month |
| Project Outsourcing | Full-cycle development from idea to production launch | 1-2 weeks | $10,000-$80,000+ |
187+ technologies
Technologies, tools and frameworks we use
Our engineers work with 187+ technologies across blockchain, backend, frontend, mobile and DevOps - chosen for production reliability and performance.
AI and Machine Learning
LLM Providers 8
AI Frameworks 15
LangChain
LangGraph
CrewAI
AutoGen
Hugging Face
PyTorch
TensorFlow
scikit-learn
LlamaIndex
Keras
XGBoost
LightGBM
OpenCV
spaCy
ONNX Runtime
Vector Databases 7
Pinecone
Weaviate
Qdrant
Chroma
pgvector
Milvus
FAISS
MLOps and Infrastructure 11
MLflow
Weights & Biases
DVC
Kubeflow
AWS SageMaker
Azure ML
Google Vertex AI
NVIDIA Triton
Airflow
Ray Serve
vLLM
AI Agent Tools 4
Blockchains
Private and Public Blockchains 33
Ethereum
TON
Corda
Tron
Hedera
Stellar
Consensys GoQuorum
Solana
Arbitrum
Binance Smart Chain (BSC)
Sei
Celo
Hyperledger
MultiversX
IOTA
Polkadot
Aptos
Neo
Flow
Algorand
Avalanche
EOS
Optimism
Polygon
Cosmos
Sui
Tezos
Ontology
Fantom
NEAR Protocol
VeChain
Base
IPFS
Cloud Blockchain Solutions 4
Amazon Managed Blockchain
Amazon QLDB
IBM Blockchain
Oracle Blockchain
DevOps
DevOps Tools 15
Kubernetes
Terraform
Docker
Istio
Prometheus
Grafana
Jenkins
ArgoCD
Ansible
GitHub Actions
GitLab CI
Pulumi
Datadog
New Relic
Vault
Clouds
Clouds 6
Databases
Databases 15
PostgreSQL
MySQL MariaDB
Redis
Cassandra
Neo4J
MongoDB
Elasticsearch
Solr
Ignite
ClickHouse
TimescaleDB
DynamoDB
Supabase
CockroachDB
ScyllaDB
Brokers
Event and Message Brokers 7
Kafka
RabbitMQ
Flink
Apache Pulsar
Amazon SQS
Amazon SNS
NATS
Tests
Test Automation Tools 6
Postman
Appium
Cucumber
Selenium
JMeter
Cypress
UI/UX
UI/UX Design Tools 12
Figma
Zeplin
InVision
Sketch
Miro
Marvel
Balsamiq
Photoshop
Illustrator
XD
After Effects
Corel Draw
Platforms We Work With
Trusted by Coinbase, Consensys, Core Scientific, MicroStrategy, Gate.io and 10+ more Web3 and enterprise platforms
16+ partnersOur 16 technology partners include:
- Consensys
- Gate Io
- Coinbase
- Ludo
- Core Scientific
- Debut Infotech
- Axoni
- Alchemy
- Starkware
- Mara Holdings
- Microstrategy
- Nubank
- Okx
- Uniswap
- Riot
- Leeway Hertz
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Consensys
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Gate Io
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Coinbase
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Ludo
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Core Scientific
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Debut Infotech
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Axoni
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Alchemy
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Starkware
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Mara Holdings
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Microstrategy
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Nubank
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Okx
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Uniswap
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Riot
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Leeway Hertz
Trusted & Certified
Partnerships & Awards
Recognized on Clutch, GoodFirms and The Manifest for software engineering excellence
15+ industry awards
Recent articles
State of AI Development Costs 2026: Pharos Production Research Report
Original research based on 25+ Pharos Production AI projects delivered 2023-2026. Cost breakdowns by complexity tier, hidden costs analysis, team composition, ROI timelines and regional variation. Key finding: median AI MVP cost is $42,000 but hidden costs add 28-42% to first-year totals.
FinTech Compliance Checklist 2026: PCI DSS, SOC 2, GDPR and Beyond
What compliance certifications does a FinTech product need? The required certifications depend on your product type, target market and data handling practices. At minimum, most FinTech products need SOC 2 Type II for data security, PCI DSS if handling payment card data and GDPR compliance for EU users. PCI DSS compliance checklist PCI DSS applies […]
Blockchain Development Timeline: How Long Each Project Takes
How long does blockchain development take? Blockchain development timelines range from 2 weeks for simple token contracts to 12+ months for complex multi-chain ecosystems. The timeline depends on smart contract complexity, security requirements, number of chain integrations and regulatory compliance needs. Timeline by project type Simple token contracts (ERC-20, ERC-721) take 2-4 weeks including testing […]
Real transformations from our delivery data
Three anonymized before/after snapshots from production systems Pharos Production has delivered. Metrics are measured against pre-engagement baselines reported by clients.
Before
Manual reconciliation of 12,000 daily transactions across 4 payment providers. 3 full-time analysts. 18-hour delay between transaction and matched status.
After
Automated reconciliation in under 2 minutes. Analysts reassigned to exceptions review. Zero unreconciled balances across 12 months in production.
Before
Paper forms and manual EHR entry. 45-minute average intake per patient. Data entry errors triggered 8% of insurance claim denials.
After
HIPAA-compliant digital intake with HL7 FHIR integration. 9-minute intake. Insurance claim denial rate dropped to 1.2%.
Before
External audit queue time of 4-6 weeks. Each audit cycle cost $25,000-$60,000. Delayed mainnet launches by 6+ weeks.
After
Automated pre-audit pipeline with Slither, Mythril, Foundry fuzzing. 100% of Pharos contracts pass external audit on first pass. Zero critical vulnerabilities since 2018.
When we say no (and why that matters)
We decline roughly 30% of RFPs we receive. Most vendors treat every lead as fit-worthy. We disqualify early when the project does not match our delivery model, because forcing a bad fit costs both sides 3-6 months and damages outcomes. Here is how we think about scope:
- Template websites, WordPress customization, no-code MVPs
- Budgets under $10,000 or timelines under 4 weeks
- Marketing or design-only work without engineering scope
- Fixed-price contracts without discovery validation
- Projects where AI is mandated but would underperform deterministic logic
Not every problem needs AI. If business rules are well-defined and deterministic, a rules engine will outperform any LLM at 1/100th the cost with full auditability. We start every AI engagement by asking "can this be solved without AI?" If the answer is yes, we say so. Honest scoping saves months of wasted development.
Pharos Verified Delivery
Our proprietary delivery framework applied to every project. Four principles that have produced 70+ production applications with 5/5 Clutch rating across 13+ years of custom software development.
1. Paid Discovery
2-4 week discovery sprint validates technical assumptions, tests data quality and produces a refined scope with architecture recommendations before any full-build commitment.
2. Iterative Build
2-week sprints with working demos, CTO review at every milestone. Progress tracked against discovery benchmarks. Architecture decisions documented as ADRs.
3. Production Readiness
Monitoring, alerting, rollback procedures and runbooks in place before launch. Security audit and penetration testing for every customer-facing release.
4. Post-Launch Support
Ongoing maintenance, dependency updates, security patches and performance optimization. 4-hour response SLA during business days for all supported systems.
What we see across projects
Observations from 70+ projects we delivered across Web3, FinTech and healthcare. Citable, specific and drawn from real delivery - not trend reports.
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94%
Of Web3 projects that came to us for upgrades had at least one smart contract function with missing access control checks. Most common miss:
onlyOwnernot applied to state-mutating setters.Based on 28 blockchain audits we performed 2021-2025.
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40% faster
FinTech MVPs that ship KYC and AML integration in weeks 1-2 launch sooner than teams that defer compliance to pre-launch. Integration first, features second.
Observed across 18 FinTech projects delivered since 2020.
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3 to 5
Healthcare platforms typically need this many HL7 or FHIR integrations per launch, not one. Budget for integration from day one or expect a 30 to 50% scope increase in month 3.
Pattern across 9 healthcare delivery engagements 2022-2025.
Evaluating development partners?
Read our founder-grade evaluation guides before committing to any vendor. Each guide covers criteria, red flags and decision checklists based on real delivery experience.
Company history timeline
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2013
Founding of Pharos Production
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2014
First Development Office Opens in Kyiv, Ukraine
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2016-2018
Key Client Engagements and Industry Partnerships
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2018
Launch of Web3 & DeFi Product Incubation
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2019
Focus on Security and Compliance
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2022
Recognized as a Leading Custom Software Partner
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2023
Launch of Internal Frameworks
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2024
Scaling Teams & New Service Lines
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2026
Continuing Innovation and Global Partnerships
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Future
We are working to become leaders in the software development industry, having received the award as the best company of the year in the direction of the Clutch
Frequently Asked Questions (FAQ)
Last updated:
Reviewed by:
Dmytro Nasyrov
(Founder and CTO)
Quick answers to common questions about custom software development, pricing, process and technology.
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Pharos Production has been in business since 2013, with over 12 years of experience in custom software development. During this time, we have delivered over 70 applications for 200+ clients across 18 industries, including FinTech, healthcare, crypto and e-commerce. We are rated 5/5 on Clutch based on 73 verified reviews (2026).
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Pharos Production provides five core service categories: Software Development (mobile apps, web platforms, database design, UI/UX), Blockchain Development (smart contracts, DeFi, tokenization on Ethereum, Solana, TON and other chains), Software Security (code audits, penetration testing, smart contract audits), Software Consulting (architecture design, MVP validation, startup consulting) and Software Testing and QA (manual, automation, performance and regression testing).
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Pharos Production is headquartered in Las Vegas, Nevada, USA (5348 Vegas Dr, Las Vegas, NV 89108), with an engineering office in Kyiv, Ukraine (44-B Eugene Konovalets Str. Suite 201, Kyiv 01133). We work with clients worldwide and provide remote collaboration across all time zones. Visit our contact page for directions and scheduling options.
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Pharos Production has a team of 90+ engineers, including software developers, blockchain specialists, QA engineers, DevOps experts, UI/UX designers, project managers and solution architects. Our founder, Dr. Dmytro Nasyrov, holds a PhD in Artificial Intelligence and leads the technical direction of all projects.
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We serve a wide range of clients, from startups and product companies to mid-sized enterprises and large institutions. Our clients include crypto exchanges, FinTech providers (like Pleenk), healthcare organizations, sportsbook operators (like Pro Gambling), e-commerce platforms and SaaS companies. Pharos Production has worked with 200+ clients across 18 industries since 2013, adapting engagement models to match each client’s stage, whether it is MVP validation for a startup or enterprise-scale development for an established business.
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A custom software development company is a firm that designs, builds and maintains software tailored to a specific business’s needs, as opposed to off-the-shelf products. Custom software addresses unique workflows, integrations and scalability requirements that generic tools cannot. According to Grand View Research (2024), the global custom software development market is valued at over $35 billion and is projected to grow at a 22.3% CAGR through 2030. Pharos Production is a custom software development company founded in 2013, with a team of 90+ engineers delivering solutions across blockchain, FinTech, healthcare and 15 other industries.
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Custom software development costs vary based on project scope and complexity. At Pharos Production, typical project ranges are: MVP development ($10,000-$25,000), suitable for startups validating a product idea; full-fledged production ($25,000-$50,000), for established businesses scaling a proven concept; and full-cycle development ($50,000-$80,000+), for complex enterprise-grade systems. These ranges include architecture design, development, QA testing and deployment. Final pricing depends on technology stack, number of integrations and engagement model (staff augmentation, dedicated team or project outsourcing).
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Development timelines depend on scope and complexity. At Pharos Production, a typical MVP takes 2-4 months, a production-ready application takes 4-8 months and a complex enterprise system can take 8-12+ months. We use an agile methodology with 2-week sprints, delivering working increments after each sprint. Every sprint includes a retrospective, progress report and planning session for the next iteration. This approach ensures transparency and allows businesses to launch faster by prioritizing high-impact features first. Get a timeline estimate for your project.
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Pharos Production serves 18 industries: Crypto, Web3 and Blockchain (Kimlic, GridTradeX, NextCheck), Sports and Sportsbooks, Casino and Gambling (Gambit Stream, Lucky Bets), FinTech, Healthcare, E-Commerce, Insurance, Energy and Utilities, Education, Telecom, Media and Entertainment, Logistics and Transportation (Taxi Aggregator), Marketing, Banking, Construction and Real Estate, Agriculture and Travel. Our deepest expertise is in FinTech, blockchain and healthcare, where we have delivered compliance-ready platforms (HIPAA, PCI DSS, GDPR) and high-load systems handling thousands of concurrent users. For the latest industry insights, read our guides on FinTech trends in 2026 and the Web3 technology stack.
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Hiring a software development company offers faster time-to-market, lower upfront costs and access to specialized expertise without long-term employment commitments. According to Deloitte’s 2024 Global Outsourcing Survey, 57% of companies outsource software development to access skills they cannot hire internally.
Factor In-house team Software development company Time to assemble 3-6 months (recruiting + onboarding) 1-2 weeks Upfront cost High (salaries, benefits, equipment) Lower (project-based pricing) Specialized expertise Limited to who you can hire locally Access to 90+ engineers across blockchain, AI, FinTech Scalability Slow (each new hire takes months) Fast (scale up or down per sprint) Long-term commitment Full-time employment contracts Flexible engagement models Risk High if key engineers leave Company ensures continuity and knowledge transfer For businesses that need blockchain, AI or high-load architecture expertise, outsourcing to a specialized firm like Pharos Production reduces risk and accelerates delivery.
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Pharos Production focuses on mid-to-large custom software projects with budgets starting at $10,000. We do not take on template-based websites, WordPress theme customization, or short-term contracts under one month. We also do not provide non-technical staffing (marketing, sales or design-only roles). Our strongest fit is blockchain, FinTech and healthcare projects where security, compliance and high-load architecture are critical. For smaller projects or MVPs under $10,000, we recommend exploring freelance platforms or no-code tools as a more cost-effective starting point.
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We use agile with 2-week sprints because it reduces the risk of building features that miss the mark. Each sprint ends with a working demo, a retrospective and a plan for the next iteration.
This means clients see progress every 14 days and can adjust priorities based on real results, not assumptions. According to the Standish Group CHAOS Report (2024), agile projects are 3x more likely to succeed than waterfall projects. We chose this approach after years of experience showing that rigid, fixed-scope contracts lead to scope creep, missed deadlines and products that do not match market needs by launch day.
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Custom development is not the right choice in every situation. You should not hire a custom software company if: your problem is fully solved by an existing SaaS product (e.g. Shopify for e-commerce, Salesforce for CRM); your budget is under $10,000 and timeline is under 4 weeks; you need a simple landing page or marketing website (WordPress or Webflow is faster and cheaper); or you are still validating the idea and have not spoken to potential users yet.
In these cases, off-the-shelf tools or no-code platforms offer better ROI. Custom development makes sense when you need unique workflows, regulatory compliance, high-load architecture or competitive differentiation that packaged software cannot provide.
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Here are three anonymized examples from our recent delivery history:
FinTech startup - payment platform (MVP)
Scope: mobile app + backend API with bank-grade encryption. Team: 4 engineers, 1 QA. Timeline: 10 weeks. Budget: $38,000. Result: launched on schedule, processed $2M+ in transactions within the first quarter.Healthcare provider - patient portal (Full product)
Scope: HIPAA-compliant web platform with EHR integration, appointment scheduling and telemedicine. Team: 6 engineers, 1 DevOps, 2 QA. Timeline: 6 months. Budget: $120,000. Result: 15,000+ active patients, zero compliance violations in two annual audits.Crypto exchange - trading engine (Complex)
Scope: high-load matching engine handling 50,000+ orders per second, multi-chain wallet infrastructure on Ethereum and Solana. Team: 8 engineers, 2 QA, 1 security auditor. Timeline: 11 months. Budget: $340,000. Result: 99.97% uptime, passed three independent security audits.See more projects: NoMoreBets, Pulse, Sagas, Gambit Stream and Pleenk. For the full portfolio, visit our case studies. Learn more about the technology behind these projects in our guide to stablecoins and crypto infrastructure.
Dmytro Nasyrov
Founder & CTO
Let’s work together!
Your business results matter
Achieve them with minimized risk through our bespoke innovation capabilities
What happens next?
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Contact us
Contact us today to discuss your project. We’re ready to review your request promptly and guide you on the best next steps for collaboration
Same day -
NDA
We’re committed to keeping your information confidential, so we’ll sign a Non-Disclosure Agreement
1 day -
Plan the Goals
After we chat about your goals and needs, we’ll craft a comprehensive proposal detailing the project scope, team, timeline and budget
3-5 days -
Finalize the Details
Let’s connect on Google Meet to go through the proposal and confirm all the details together!
1-2 days -
Sign the Contract
As soon as the contract is signed, our dedicated team will jump into action on your project!
Same day
Our offices
Headquarters in Las Vegas, Nevada. Engineering office in Kyiv, Ukraine.