Solwey Consulting Company Profile

Background

Overview

Solwey Consulting is an Austin-based digital solutions agency specializing in AI innovation and custom software development. Founded in 2016, the company has rapidly established itself as a leader in delivering scalable, user-friendly software solutions across various industries, including fintech, e-commerce, manufacturing, and healthtech. In 2025, Solwey was recognized on the Inc. 5000 list of America's fastest-growing private companies, marking its first appearance on the list with a three-year revenue growth of 90%.

Mission and Vision

Solwey's mission is to empower businesses by providing innovative, data-driven software solutions that drive growth and efficiency. The company's vision is to be a trusted partner for organizations seeking to leverage technology for competitive advantage, delivering exceptional value through customized software development and strategic consulting.

Industry Significance

As a woman-owned business, Solwey Consulting plays a significant role in the technology sector, connecting major industries with emerging tech trends such as fintech, e-commerce, blockchain, and NFTs. The company has been recognized as a top B2B agency and has worked on projects ranging from NASA AR applications to AI-driven manufacturing dashboards.

Key Strategic Focus

Core Objectives

Solwey Consulting focuses on delivering high-quality, customized software solutions that meet the unique needs of each client. The company emphasizes rapid iteration, transparent reporting, and direct collaboration with client teams to ensure optimal progress and successful project outcomes.

Areas of Specialization

Web and Mobile App Development: Utilizing technologies such as Ruby on Rails, Node.js, React, and React Native to build robust applications.

E-commerce and Blockchain Solutions: Developing scalable e-commerce platforms and integrating blockchain technologies to enhance business operations.

Business Intelligence and Data Analytics: Providing data-driven insights to inform strategic decision-making and drive business growth.

Key Technologies Utilized

Solwey employs a diverse set of technologies, including Ruby on Rails, Node.js, React, React Native, Flutter, Dart, and various cloud services such as Amazon Web Services, Google Cloud, and Heroku.

Primary Markets Targeted

The company serves a wide range of industries, including logistics, e-commerce, healthcare, fintech, blockchain, legal, compliance, marketing, and real estate. Solwey has delivered over 100 successful projects, with an 80% customer return rate, indicating strong client satisfaction and repeat business.

Financials and Funding

Funding History

Specific details regarding Solwey Consulting's funding history are not publicly disclosed. The company has demonstrated significant growth, as evidenced by its inclusion in the Inc. 5000 list and recognition as a top e-commerce developer.

Recent Funding Rounds

Information about recent funding rounds is not publicly available.

Notable Investors

Investor details are not publicly disclosed.

Utilization of Capital

While specific utilization details are not available, the capital raised is likely directed towards expanding service offerings, enhancing technological capabilities, and supporting the company's rapid growth and innovation initiatives.

Pipeline Development

Key Pipeline Candidates

Solwey Consulting has developed a diverse portfolio of projects across various industries, including:

Logistics: Developed a customized third-party logistics platform for expedited delivery of perishable items, addressing supply chain challenges and last-mile delivery issues.

Healthcare: Collaborated on AI-driven manufacturing dashboards to improve operational efficiency in healthcare manufacturing processes.

Fintech: Developed mobile applications for fintech startups, including a payment mobile app for a fintech startup, enabling the company to launch its platform.

Stages of Development

The company engages in all stages of software development, from initial concept and strategy to full execution and implementation, ensuring comprehensive support throughout the project lifecycle.

Target Conditions and Timelines

Specific target conditions and timelines for pipeline projects are tailored to each client's needs and are not publicly disclosed.

Technological Platform and Innovation

Proprietary Technologies

Solwey Consulting leverages proprietary technologies to deliver innovative solutions, including:

Customized Software Solutions: Tailored applications designed to meet the unique needs of each client, utilizing a range of technologies and platforms.

AI-Driven Dashboards: Developing AI-powered dashboards to enhance data visualization and decision-making processes for clients.

Significant Scientific Methods

The company employs agile development methodologies, rapid iteration, and continuous feedback loops to ensure optimal progress and successful project outcomes.

Leadership Team

Executive Profiles

Andrew Drach, PhD: CEO and Co-Founder. With 19 years of software development experience and a PhD in engineering, Dr. Drach leads the company with a focus on process-driven software and AI innovation.

Monika Jociunaite, MS: Creative Director and Co-Founder. Ms. Jociunaite brings expertise in UX/UI design and optimization, overseeing the creative direction of the company's projects.

Nima Ostadi, PhD, PMP: COO. Dr. Ostadi manages operations, ensuring efficient project execution and client satisfaction.

Wes Johnson: Tech Lead. Mr. Johnson leads the technical team, overseeing the development and implementation of software solutions.

Leadership Changes

No recent significant changes or appointments within the company's leadership have been publicly disclosed.

Competitor Profile

Market Insights and Dynamics

The custom software development industry is characterized by rapid technological advancements and a growing demand for tailored solutions across various sectors. Companies like Solwey Consulting are well-positioned to capitalize on these trends by offering specialized services that address the unique challenges of their clients.

Competitor Analysis

Key competitors in the custom software development space include:

Toptal: A global talent marketplace connecting clients with top freelancers in software development, design, and finance.

Intellectsoft: A digital transformation consultancy offering custom software development and IT services.

Intellias: A global IT service provider specializing in custom software development and consulting.

These competitors offer similar services but may differ in their technological focus, client base, and geographic reach.

Strategic Collaborations and Partnerships

Solwey Consulting has established significant partnerships to enhance its service offerings:

HubSpot: Partnered to advance e-commerce businesses by integrating HubSpot's tools with Solwey's custom software solutions.

Operational Insights

Solwey Consulting differentiates itself through its agile development process, direct collaboration with client teams, and a strong focus on delivering high-quality, customized solutions. The company's commitment to innovation and client success positions it favorably in the competitive landscape.

Strategic Opportunities and Future Directions

Strategic Roadmap

Solwey Consulting aims to continue expanding its service offerings, particularly in emerging technologies such as blockchain and AI, to meet the evolving needs of its clients. The company plans to strengthen existing partnerships and explore new collaborations to enhance its market position.

Future Business Directions

The company is focused on scaling its operations to serve a broader client base, including larger enterprises, while maintaining its commitment to delivering personalized and high-quality software solutions.

Opportunities for Expansion

Solwey Consulting sees opportunities in expanding its geographic reach, particularly in international markets, and in diversifying its portfolio to include more complex and large-scale projects.

Positioning for Future Objectives

By leveraging its expertise in custom software development and its strong client relationships, Solwey Consulting is well-positioned to achieve its future objectives and continue its growth trajectory.