Rounded Labs Ltd Company Profile

Background

Rounded Labs Ltd is a UK-based digital product studio established in 2007. The company specializes in developing bespoke software solutions, with a strong emphasis on mobile application development. Over nearly two decades, Rounded Labs has collaborated with a diverse range of clients, from startups to large enterprises, delivering innovative digital products that enhance user engagement and operational efficiency.

Key Strategic Focus

Rounded Labs focuses on:

Custom Software Development: Crafting tailored software solutions that align with specific business requirements.

Mobile App Development: Designing and developing intuitive mobile applications for both iOS and Android platforms.

Large-Scale Backend Systems: Building robust and scalable backend infrastructures to support high-volume transactions and real-time data processing.

Digital Transformation: Assisting businesses in modernizing legacy systems and adopting digital-first strategies.

AI Development: Implementing practical AI solutions to automate tasks and derive insights from data.

Financials and Funding

As of November 30, 2023, Rounded Labs Ltd reported:

Current Assets: £22,920

Fixed Assets: £7,490

Current Creditors: £28,830

Shareholders' Funds: £1,580

The company operates as a private limited entity and has not publicly disclosed any external funding rounds.

Technological Platform and Innovation

Rounded Labs distinguishes itself through:

Proprietary Technologies: Development of "Redbeard," an iOS framework comprising native components and helpers designed to accelerate app development timelines.

Scientific Methodologies: Utilization of advanced algorithms and machine learning techniques to enhance software functionality and user experience.

AI-Driven Capabilities: Integration of artificial intelligence to automate processes and provide data-driven insights, exemplified by projects like the AI development for the Bavarian Government.

Leadership Team

The leadership team at Rounded Labs Ltd includes:

Ansar Mehmood: Director

Zahid Younis: Director

Both directors have been instrumental in steering the company's strategic direction and fostering client relationships.

Competitor Profile

Market Insights and Dynamics:

The custom software development and mobile app development industry in the UK is highly competitive, with numerous firms offering a range of services from bespoke software solutions to comprehensive digital transformation strategies.

Competitor Analysis:

Rounded Labs Ltd faces competition from several companies, including:

Acentic Ltd.: Specializes in information technology solutions with a reported revenue of £9.96 million and 46 employees.

Vidatec Ltd.: Offers custom software and IT services, employing 28 staff members with a revenue of £1.47 million.

Indieskies Limited: Focuses on software application development with a smaller team of 3 employees.

Juju Media Limited: Engages in software development services, also with a team of 3 employees.

Stem Limited: Operates in the metals industry with 7 employees.

Strategic Collaborations and Partnerships

Rounded Labs has a history of successful collaborations, including:

MoBank: Developed the UK's first mobile banking app in 2007, supporting MoBank from its inception to its IPO in 2012.

Next Plc: Created a comprehensive m-commerce solution, including iOS, Android, and Windows applications, along with a backend API to synchronize the product catalogue.

SuperDry: Crafted Superdry’s iOS strategy, delivering a seamless experience to their global customer base.

Operational Insights

Rounded Labs differentiates itself through:

Comprehensive Solutions: Offering end-to-end services that encompass both frontend applications and backend systems.

Cross-Platform Expertise: Proficiency in developing applications across multiple platforms, including iOS, Android, and Windows.

Client-Centric Approach: Working with a select number of clients annually to ensure dedicated attention and high-quality outcomes.

Strategic Opportunities and Future Directions

Looking ahead, Rounded Labs aims to:

Expand AI Capabilities: Further integrate artificial intelligence into their service offerings to provide more intelligent and automated solutions.

Enhance Digital Transformation Services: Assist more businesses in transitioning to digital-first operations, leveraging their expertise in modernizing legacy systems.

Strengthen Market Position: Continue building on their reputation for delivering high-quality, bespoke digital products to attract a broader client base.