We have condensed our findings into clear, actionable insights to simplify your decision-making process. Whether you are leading a rapidly evolving startup or managing an established software development team in a big company, our thorough analysis has identified the Top 10 best nearshore software development companies in LATAM.
These nearshore software development companies have been carefully chosen for their proven ability to meet the unique demands and challenges of the North American tech sector. Join us as we explore the dynamic landscape of Latin America's tech industry and highlight the top companies prepared to enhance your business with exceptional expertise and innovation.
Criteria for Selecting the 10 Best Nearshore Software Development Companies
Selecting the right nearshore software development companies demands rigorous analysis. Our proven methodology defines how to evaluate firms based on their adherence to ethical standards and operational efficiency.
For clients in the U.S. and Canada, we confidently employ a scoring system rooted in seven critical criteria, allowing us to expertly narrow down an initial list of 50 companies to the top 10. This ensures our selections are based on what truly matters and that you can base your decisions on the following attributes:
- Transparent pricing model
- Time zone alignment expertise
- Compensation transparency
- Contractual flexibility and transparency
- Size, validation, and customer reviews
- Expertise focussed in the area evaluated
- Talent placement process transparency
Top 10 Nearshore Software Development Companies
1. Teilur Talent
4.7 ⭐⭐⭐⭐⭐
Teilur Talent has significantly transformed the recruitment landscape, emerging as a trailblazer in the field as the top nearshore software development company. Teilur Talent prioritizes transparency in its operations and adopts a client-centric approach, fundamentally changing how developer experts are sourced, recruited, and retained.
By focusing on the unique talent available in Latin America, Teilur Talent successfully connects highly skilled professionals with organizations across the United States and Canada. This enriches the talent pool for these organizations and fosters valuable collaborations, enabling businesses to thrive in an increasingly competitive market. With a dedication to bridging geographical divides, Teilur Talent is redefining recruitment practices and empowering companies and developers to achieve their goals.
Transparent & Fair Pricing, Fees, and Minimum Commitments:
- Teilur Talent provides a transparent pricing model, with an estimated starting salary for candidates at $25/hour.
- Its website includes a cost calculator, and the fee is no more than 20% of the candidate's salary.
- No Initial MSAs or minimum commitments to get started
Talent Location: Focuses on recruiting candidates from Latin America for companies in the U.S. and Canada.
Rating on Reviews Platforms: It has an impressive 4.7-star rating on Glassdoor and a 4.5-star rating on Trustpilot.
Highlight: Teilur Talent is a leader in nearshore software development, focusing on top-tier talent from Latin America. With a client-centric approach and transparent pricing, it transforms recruitment by offering over 10,000 pre-vetted professionals to companies across the U.S. and Canada.
Their pricing model starts at $25 per hour for candidates. Teilur Talent gives access on its website to a pricing calculator, which allows you to know how much a candidate, fee, and total payment will cost. The fee is capped at 20% of the salary. Unlike traditional firms, Teilur Talent does not require Master Service Agreements (MSAs) or minimum commitments, simplifying the process for companies. A cost calculator further enhances budgeting transparency.
With a 4.7-star rating on Glassdoor and 4.5 on Trustpilot, Teilur Talent stands out for its fair pricing and effective retention practices, offering flexible, high-quality hiring solutions for long-term success.
2. Freelancer
4.5 ⭐⭐⭐⭐⭐
Established in 2007, Freelancer has emerged as a pivotal force in the IT nearshore landscape. Originating in Australia, the company has transformed into a global provider in the freelance marketplace, connecting talent from all corners of the globe. With a staggering user base surpassing fifty million individuals and a diverse range of expertise encompassing over 1,800 skills, Freelancer stands among the nearshore companies.
The platform facilitates collaboration and fosters innovation, allowing employers to discover the ideal freelancers for their unique projects. However, the talent Freelancers provide are not dedicated teams; as freelance employees, they work on various projects simultaneously, so your project will be a number for these freelancers.
Transparent & Fair Pricing, Fees, and Minimum Commitments:
- Freelancers working on fixed-price projects incur a fee of 10% or $5, whichever amount is more significant. For hourly projects, a 10% fee is applied upon completion.
- The Freelancer platform features premium pricing.
- Employers are charged a fee of 3% for hourly and fixed-price projects, with additional charges for enhanced features.
Talent Location:
Freelancer offers a diverse global talent pool. However, when looking at the Freelancers platform to hire software developers, it is important to keep in mind the time zone misalignment and that freelancers are working on different projects at the same time.
Rating on Reviews Platforms:
Freelancer has a rating of 4.2 on Glassdoor and 4.5 on Trustpilot, indicating its strong reputation within the freelance community.
Highlight:
Freelancer stands out due to its global freelancers and efficient bidding processes, designed for companies seeking top-tier freelancers who are willing to share the software developer with other projects simultaneously.
3. Upwork
4.2 ⭐⭐⭐⭐
Upwork was established in 2014 through the merger of Elance and oDesk, two early competitors in the freelance industry. These predecessor companies had existed for nearly 20 years, with Elance starting in 1998 and oDesk in 2003. Upwork is a global platform for human resources and payroll outsourcing and nearshoring, connecting businesses with independent talent.
Transparent & Fair Pricing, Fees, and Minimum Commitments:
The freelancers can start with a free account, receive 40 Connects to bid on projects, and set their rates.
Upwork streamlines the freelancing process with a flat 10% service fee for all new contracts and offers tools such as payment protection and processing.
Talent Location:
Upwork serves as a global marketplace, accommodating freelancers and clients worldwide and focusing on remote and work-from-home jobs. However, as a freelance platform, you will probably be hiring an expert who is working on different projects at the same time, and the cultural, language, and time zone fit can be a challenge.
Rating on Reviews Platforms:
Upwork has a Glassdoor rating of 3.8 and a Trustpilot rating of 2.9, which reflects various user experiences.
Highlights:
Upwork is a platform that connects businesses with freelancers, making it perfect for those who need quick project turnarounds. The competitive environment requires freelancers to set themselves apart in a global marketplace; this represents a challenge in terms of being an expert working and dedicated to your project, language, time zone, and cultural fit barriers.
4. Revelo
3.9 ⭐⭐⭐⭐
Revelo, founded in 2015, has become a good player in nearshore and payroll outsourcing. The company specializes in recruiting and managing high-quality remote software developers. Its web-based platform connects corporations and startups with skilled remote development teams. Revelo offers various services, including talent sourcing, payroll management, tax compliance, local regulations, and subsidized benefits for developers.
Transparent & Fair Pricing, Fees, and Minimum Commitments:
Revelo's pricing varies from $50 to $70 per hour, with a non-refundable initiation fee of $500, according to EarlyNode's review. However, their website does not provide a detailed pricing structure.
Talent Location:
Revelo specializes in creating remote software development teams, focusing on Latin American talent and providing businesses with nearshore solutions.
Rating on Reviews Platforms:
Revelo has a rating of 4.0 on Glassdoor and 3.8 on Trustpilot.
Highlights:
The platform is tailored for businesses looking to establish remote software development teams and offers a smooth process from talent identification to payroll management. However, it has an average hiring period of 14 days and requires a non-refundable $500 deposit.
5. Tecla
3.0 ⭐⭐⭐
Tecla specializes in connecting businesses with top-tier DevOps talent from Latin America. They provide comprehensive services, including sourcing, vetting, and managing the complexities of hiring international talent. This expertise makes Tecla a preferred partner for companies building strong DevOps teams.
Transparent & Fair Pricing, Fees, and Minimum Commitments:
Annual salaries for talent typically fall between $60,000 and $80,000. This range is influenced by various factors, including specific job requirements, seniority, and local payroll benefits that may apply. However, it's important to note that the precise fees associated with individual candidates remain undisclosed.
Talent Location:
Tecla is dedicated to connecting companies with talent within Latin America, which is looking to capitalize on nearshoring advantages.
Rating on Reviews Platforms:
Tecla has received a rating of 3.9 on Glassdoor based on four reviews, but it does not have any reviews on Trustpilot.
Highlights:
Tecla specializes in sourcing DevOps talent from Latin America, making it a key player in the nearshore outsourcing market. While Tecla is recognized for simplifying the hiring process and reducing time and costs, the lack of transparent pricing and relatively higher fees compared to some agencies may discourage budget-conscious companies.
6. EPAM
2,7 ⭐⭐⭐
Founded in 1993, EPAM specializes in software development; EPAM offers digital engineering, cloud services, and AI-enabled transformation solutions. The company partners with global enterprises and startups, combining strategy, experience, and technology consulting to help clients accelerate market entry and maximize the value of their digital investments.
Transparent & Fair Pricing, Fees, and Minimum Commitments:
EPAM tailors its pricing to meet the specific needs of each project. The estimated cost ranges from $12,000 to $14,000 and is subject to a non-disclosure agreement (NDA). The company requires a minimum project duration of six months.
Talent Location: EPAM harnesses a diverse range of expertise, employing multidisciplinary teams to connect with customers on six continents.
Rating on Reviews Platforms: EPAM has a 4.1 rating on Glassdoor and a 2.8 on Trustpilot.
Highlights: EPAM Systems is known for its comprehensive solutions that enhance lives and provide a competitive edge across industries. However, potential clients should note the lack of transparent pricing and the requirement for a minimum project duration.
7. Toptal
2.7 ⭐⭐
Founded in 2010, Toptal connects businesses to freelancers and tech talent worldwide. Despite its prominence, there are ongoing discussions about its opaque pricing and client relations. Toptal operates globally without a specific headquarters, using an address in Wilmington, Delaware, for operational purposes while maintaining offices in New York and San Francisco. This structure supports its digital platform model, allowing it to serve clients around the world without a traditional headquarters.
Transparent & Fair Pricing, Fees, and Minimum Commitments:
At Toptal, the process starts with a $500 down payment to begin the search for top-tier engineering talent. This deposit is refundable, and they offer a two-week trial period. However, the pricing itself is not clear, as we were not able to find a pricing structure on their website.
Talent location:
Toptal operates as a fully remote company, with over 1,000 core team members across more than 70 countries. This decentralized structure enables them to tap into global talent and offer flexible working conditions for their employees. Workers can perform their tasks virtually anywhere—be it their homes, co-working spaces, or even while traveling—as long as they have access to a stable internet connection.
Rating on Reviews Platforms:
Toptal has a 4,7 in Trustpilot and a 3,2 in Glassdoor.
Highlights:
Toptal connects freelancers with short-term contract opportunities in software development, design, and project management. They promise quick, quality matches, often within 48 hours. While lower budget attempts may fail, increasing the budget to around $91 - $110/hr usually yields better results.
8. BairesDev
2.5 ⭐⭐
BairesDev was founded in Buenos Aires, Argentina, in 2009 by Nacho De Marco and Paul Azorin. Their goal was to harness the top 1% of Latin American developers to deliver high-quality software solutions. With over 1,200 projects completed for more than 500 companies, including major brands like Google and Rolls Royce, BairesDev has experienced significant growth. The company boasts a customer satisfaction score of 91% and has received recognition from Forbes and Nasdaq.
Transparent & Fair Pricing, Fees and Minimum Commitments:
BairesDev charges clients between $50 and $99 per hour. For a full-time position, this equates to an annual salary of $98,000 on the lower end and $190,000 on the upper end.
Talent Location:
BairesDev employs a nearshore outsourcing model with engineers based in Latin America. This allows for seamless collaboration with North American clients due to similar time zones while leveraging the region's top 1% of tech talent.
Rating on Reviews Platforms:
BairesDev is rated on TrustPilot with 4,2, while on Glassdoor, there are no customer reviews.
Highlights:
BairesDev specializes in services that drive digital transformation for businesses. They rank at the top as one of the nearshore software development companies, and their offerings include custom software development and staff augmentation. The company’s hourly rates vary from $50 to $99, which corresponds to annual salaries between $98,000 and $190,000 for full-time employees. While they provide a range of services, their pricing details are not available on their website.
9. ScienceSoft
2.5 ⭐⭐
ScienceSoft has a 30-year history and boasts a team of over 550 specialists. Originally focused on AI software development, ScienceSoft has broadened its nearshoring services. While the company primarily operates in the US, it also has a global presence with additional offices across Europe and the Middle East.
Transparent & Fair Pricing, Fees, and Minimum Commitments:
ScienceSoft adopts a personalized pricing strategy, adjusting its rates according to each project's unique scope and specific requirements. This approach ensures that every client receives a solution aligned with their individual objectives. However, this pricing is not transparent, so clients have to book a call with a Sales Representative to learn the pricing structure and fees.
Talent Location:
ScienceSoft has a global presence, with offices and operations in the US, Finland, Latvia, Lithuania, Poland, KSA, and UAE. It serves a wide international clientele.
Rating on Reviews Platforms:
ScienceSoft holds a 4.3 rating on Glassdoor, indicating positive internal culture and employee satisfaction; however, it lacks reviews on Trustpilot.
Highlights:
ScienceSoft has experience and maturity in the nearshore industry, its broad service range, from software engineering to digital transformation, and strong partnerships with tech giants like IBM and Microsoft, underscore its capability to handle complex projects. Recognized by software product companies, and large organizations seeking comprehensive nearshore needs. However, its premium pricing and focus on large-scale projects may not align with the needs of very small projects or businesses seeking nearshore support.
10. Turing
2.4 ⭐⭐
Turing was founded in 2018 by Jonathan Siddharth and Vijay Krishnan, addressing the challenges of managing global tech talent. This remote-first platform uses AI to connect companies with skilled software developers worldwide. Recognized as a unicorn, Turing sources top engineering talent from over 140 countries. As a nearshore software development company, Turing allows companies to collaborate with developers in similar time zones, enhancing communication and cultural alignment. This strategy, combined with AI-driven matching and vetting, enables rapid and efficient scaling of tech teams.
Transparent & Fair Pricing, Fees, and Minimum Commitments:
Turing connects companies with remote software engineers for full-time roles, with hourly rates from $100 to $250 based on expertise. It offers a two-week trial to evaluate candidates but has faced criticism for pricing transparency and communication. While competitive, its rates tend to be higher than those of similar platforms.
Talent Location:
The company’s global reach allows clients to hire talent from a distributed pool, with significant representation in regions like India, Eastern Europe, and Latin America, providing both timezone alignment and cost advantages for companies in the U.S. and Canada.
Rating on Reviews Platforms:
Turing is ranked by their customers in TrustPilot with a 2,5, while on Glassdoor is rated with a 3,9.
Highlights:
Turing is ranked as one of the best nearshore software development companies, with significant talent sourcing from India, Eastern Europe, and Latin America. Turing offers hourly rates ranging from $100 to $250, primarily for full-time remote engineers. However, the company has faced criticism regarding pricing transparency.
Customer feedback has been mixed, with a 2.5 rating on TrustPilot and a 3.9 rating on Glassdoor. This suggests variability in client experiences regarding service quality and support.
Conclusion
For companies seeking reliable and transparent nearshore software development partners, Teilur Talent stands out as the most balanced option. Its strengths lie in transparent and fair pricing, regional expertise, and operational flexibility, making it an ideal choice for businesses aiming to optimize their investments without compromising efficiency. Teilur offers a smooth blend of quality and affordability, catering to organizations that need adaptability and trustworthiness in their software development processes.
Other noteworthy companies provide unique advantages but with some trade-offs. Freelancer offers access to a vast global talent pool, which allows companies to find niche expertise; however, managing freelancers can be challenging as they often juggle multiple projects, potentially affecting their availability and focus. Meanwhile, BairesDev excels in providing elite talent for complex, high-level projects, but it faces criticism for its lack of pricing transparency and higher fees, which may not be suitable for businesses with tighter budgets. The final decision should align with the company's specific needs, balancing flexibility, expertise, and budget constraints.
Explore the cost calculator below to start hiring your dedicated software development team based on your business's unique needs, time zone, and cultural fit.
FAQ
What is a nearshore software development company?
Nearshore software development occurs when a company has distributed teams in countries with the same or similar time zones. In the US, this means countries in Latin America.
What is the difference between nearshore and offshore software development?
Offshore software development means your development partner is in another country with a different time zone. At the same time, nearshore companies are located within the same time zone, usually in a neighboring country.
What is the nearshore location strategy?
What is the Nearshore Strategy? The Nearshore strategy involves hiring a remote team that is geographically close to your company. This guarantees several corporate benefits, including cost reduction, logistics, and cultural proximity.
How do you benefit from nearshoring?
Some main advantages of nearshoring include lower labor costs, cultural alignment, geographical proximity, and a similar time zone. Nearshoring can also benefit your company in more operational and strategic ways.
