October 31, 2024 | 2 Minute Read
Improving, a modern digital services company, has acquired Leniolabs, a software development company leveraging nearshore talent in Chile, Argentina, Spain, and the US. The transaction is expected to increase Improving's annualized revenue to exceed $280 million and expand Improving’s development services into South America.
By harnessing Improving’s innovative “Enterprise Strategy,” which focuses on bringing together technology service firms with a shared dedication to building trust, delivering exceptional results, and cultivating a vibrant work culture, the Lenio leadership team will stay intact. They will continue to manage and grow the business, now with the added advantages of the diverse services available through Improving’s extensive portfolio.
Curtis Hite, CEO, Improving
Leniolabs’ service offerings include engineering, innovation, and design for a variety of software projects across North America and Europe. Their experience is heavily based on data, backend, and frontend solutions, with a focus on AI projects leveraging cloud services and language models.
Iago Rodriguez, Co-Founder and Partner, Leniolabs
The acquisition of Leniolabs will establish an Improving presence in South America. The company has been designated as SOC 2 compliant, demonstrating a commitment to protecting client data with industry-leading security measures.
About Leniolabs
Founded in 2013, Leniolabs is a software development company specializing in backend, frontend, and data technologies, utilizing agile methodologies. They are one of the top nearshoring companies working with Bay Area enterprises that need fast growth in their Silicon Valley teams. In addition, the company builds free online tools for the community and are active contributors to open-source projects. For more information, please visit https://www.leniolabs.com.
Read the official press release here.
