Key Takeaways
- Partnering with a nearshore company is often a strategic decision, especially if your in-house team is lacking in talent and you need to manage costs.
- The nearshore outsourcing company you work with should have experience and expertise while being compatible with your company’s culture and values.
- There are plenty of nearshoring companies for all your needs, especially in the tech industry, with Near being a top option.
Nearshoring has become a popular option for companies looking to expand their talent pool and reduce costs. However, there is a misconception that nearshore outsourcing services are only suitable for larger companies or those with unlimited budgets.
The truth is that mid-market companies can benefit from hiring talent in nearby countries and save significantly on costs compared with hiring in the United States.
In this article, we introduce you to 25 of the best nearshoring companies for mid-market companies seeking to hire top talent from Latin America.
When Should You Partner With a Nearshoring Company?
Partnering with a nearshoring company can be a strategic move for mid-market companies looking to optimize operations and stay competitive. Here are some key benefits of nearshoring that can help you determine if it’s the right choice for your business:
- Cost savings: Nearshoring allows you to access highly skilled talent at lower costs than hiring locally in the US.
- Access to top talent: The nearshore market, particularly in Latin America, is known for its strong pool of talented professionals with excellent technical skills and English proficiency.
- Time zone alignment: Nearshore teams typically work within similar time zones to their US clients, making communication and collaboration more efficient than when outsourcing to countries with significant time differences.
Nearshoring companies also handle the intricacies of recruitment and HR management, ensuring you can access highly qualified professionals without establishing a full-time presence in the region.
What Qualities Should You Look for in a Nearshoring Company?
Not all nearshoring companies are made equal. Choosing the right partner is critical for the success of your outsourcing initiatives. Here are several qualities to look for when evaluating potential nearshoring providers:
- Experience with mid-market companies: Look for a service provider that has experience working with mid-market companies specifically, as it will have a better understanding of your unique needs and challenges.
- Expertise in your industry: It’s important to choose a nearshoring company with experience in your industry (or similar industry sectors). This industry expertise ensures it has the knowledge and skills to find the right talent for your business.
- Proven track record: Research the company’s past projects, testimonials, and success stories to gauge its capabilities and track record of delivering results for mid-market companies.
- Cultural alignment: Nearshoring involves working with talent from different countries and cultures. It’s crucial to choose a service provider that understands cultural differences and can bridge potential communication gaps.
- Clear pricing structures: Most of all, find a partner with transparent, up-front pricing. A reputable nearshoring company will provide straightforward cost estimates and a breakdown of its fees, ensuring you’re not caught off guard by unexpected expenses.
Top 25 Nearshoring Companies for Mid-Market Companies
Now that you know all about nearshoring, here are our picks for the top 25 nearshore companies for mid-market companies, in no particular order.
While some of these companies specialize in helping their clients hire nearshore talent, others offer nearshoring services as part of their overall business model.
1. Near
Yes, that’s us! We are putting ourselves first on this list because we believe in the power of nearshoring for mid-market companies. Our dedicated team at Near specializes in recruiting top talent from Latin America for our clients, helping them scale their teams quickly and cost effectively.
Take Percent, for example. The private credit firm received an additional $30 million investment in 2023 but still used nearshoring to find and recruit top professionals.
We helped them hire a Customer Success Analyst, an Email and Webinar Marketing Specialist, and an Operations Analyst, enabling them to save $147,000 in annual overhead.
2. BairesDev
BairesDev is a leading nearshoring company with over 15 years of experience in the industry. It offers customized solutions for mid-market companies looking to hire top talent in their time zones. Its extensive pool of qualified professionals ensures you get access to the best talent quickly and efficiently.
The company’s broad range of nearshore outsourcing services includes custom software development, QA and software testing, and data science.
3. 10Pearls
10Pearls is a nearshoring company with nearshore locations in Costa Rica, Colombia, and Peru. It has experience working with mid-market companies to find software engineers and IT teams. A client-focused approach and robust product development capabilities make 10Pearls a reliable partner for growing companies.
4. Accelerance
Accelerance is a trusted nearshoring and outsourcing business with a global network.
It is known for Accelerance Rapid Referral, which, according to its website, “offers the fastest, most reliable way to connect you with a highly qualified partner.” This unique service significantly reduces the time and risk associated with contract negotiation and team onboarding.
5. Improving
Improving is a technology consulting company with a strong presence in Mexico. It offers IT outsourcing and nearshore IT services and has expanded since acquiring iTexico in June 2020. Its commitment to quality and innovation ensures clients receive both efficiency and savings.
6. Perficient
Perficient is a nearshoring company with an over 30-year track record of helping mid-market companies find top talent in Latin America. It has over 20 years of experience working with US companies specifically and offers nearshore delivery and software development services, including DevOps, machine learning, and UX/UI.
7. Sparq
Sparq is a nearshoring company that focuses on blended onshore and nearshore product engineering. It has experience working with mid-market companies to find experts in the field from both the US and Latin America. This integrated approach offers a seamless blend of local and regional talent, optimizing project efficiency.
8. Auxis
Auxis is a nearshoring company that offers IT outsourcing services, including help desk, security, business intelligence, and analytics. It has experience working with mid-market companies and offers cost-effective solutions for hiring top talent from Latin America.
The company’s client-centric approach ensures you receive tailored IT solutions.
9. Softtek
Softtek is a global provider of outsourcing solutions in several countries, including Mexico, Argentina, and Brazil for nearshoring and China, Spain, and India for global solutions. The firm has a proven track record of almost 30 years of providing high-quality nearshoring services to mid-market companies.
10. Krasamo
According to its website, “Krasamo is a mobile-first digital services and consulting company focused on Internet-of-Things and Digital Transformation.”
Its innovative approach to mobile development and specialized knowledge make it a preferred partner for mid-market businesses trying to modernize processes and embrace cutting-edge technologies.
Krasamo offers mobile app development, UI/UX design, and cloud services.
11. Gorilla Logic
With 20 years of experience, Gorilla Logic is a leading nearshoring provider for mid-market companies in agile software development. It offers a nearshore software development model based on agile methodologies and high-quality delivery.
12. Boldr
Boldr is a nearshoring and outsourcing company with teams in North America, Mexico, South Africa, and the Philippines. It has worked with mid-market companies in a wide range of industries to “build an ideal team.” Boldr maintains strict performance management standards, ensuring the hires meet your specific needs.
13. Wizeline
Wizeline is a global technology services provider that has helped many mid-market companies succeed through nearshoring. Its broad client catalog includes experience in industries like media and entertainment, healthcare, and education.
The company offers various services for different industries, including media and entertainment, healthcare, and financial services.
14. NEARSOL
NEARSOL is a business process outsourcing (BPO) service provider with 12 years of experience and a global clientele. It offers nearshoring solutions for mid-market companies looking to access top talent from six countries, including Mexico, Guatemala, Colombia, and the US.
With a white-label customer experience platform and Seat Leasing as a Service, its innovative solutions can provide extra efficiency for its clients’ outsourcing efforts.
15. Koombea
Koombea is a software development and innovation company that focuses on building high-quality apps. It has a strong presence in the US, with offices in major cities like New York, San Francisco, Miami, and Chicago. Koombea’s focus on app and web development makes it a great fit for digital-first companies.
16. EBS Integrator
EBS Integrator is a technology company that works “to support their people by adapting technology to respond to their needs.” The firm has over 13 years of experience providing IT outsourcing services and has worked in industries like fintech, edtech, and e-commerce.
17. JULIUS
JULIUS is a nearshoring company that focuses on providing digital marketing services to mid-market companies. It has a strong presence in Latin America, operational hubs in Mexico and Colombia, and over 300 direct digital marketing employees.
18. Ensitech
Ensitech is a nearshoring service provider that helps mid-market companies access “strategic IT services” from Mexico. It has 20 years of experience helping companies use the latest technologies, including artificial intelligence and cloud operations.
19. SupportNinja
SupportNinja offers customer success, content moderation, and technical support to mid-market companies looking to outsource their business processes. It’s known for delivering high-quality services at competitive prices. Customer success, data processing, and technical support are among its most popular outsourcing services.
20. Truelogic Software
Truelogic Software is a nearshore software development company based in New York. It has 20 years of experience in helping its clients hire Latin American talent and has a team consisting of over 500 skilled senior engineers familiar with agile methodologies.
21. Sonatafy
Sonatafy is a nearshoring company that focuses on customized nearshore software development. It has experience working with mid-market companies and offers competitive rates for its wide range of services, which include full-stack development, DevOps, and database management.
22. Uruit
Uruit is a nearshoring company that offers software development solutions for mid-market companies. Its team of highly skilled nearshore developers and engineers has helped US companies since 2007, offering technical expertise in product management and design.
23. ARDEM
ARDEM is a BPO company that offers nearshoring solutions for mid-market companies. It has a presence in the US, Latin America, and Asia, with over 20 years of experience providing high-quality back-office support for specialized industries like insurance and legal services.
24. Revelo
Revelo is a tech and soft skills-focused nearshoring provider that connects companies with top remote tech talent in US time zones. It has a strong track record of providing quality candidates to mid-market companies and offers competitive pricing models.
25. HatchWorks
A company with headquarters in Costa Rica and Georgia, HatchWorks offers nearshore AI development services for mid-market companies. It has a strong focus on creating customized multimodal solutions to meet its clients’ specific needs.
Final Thoughts
Nearshoring is a cost-effective and efficient way for mid-market companies to access top talent from Latin America. As top nearshore providers, the companies listed in this article can help your mid-market business achieve growth and success.
Remember, when choosing a nearshore partner, it is important to consider its industry reputation, expertise, and compatibility with your company’s culture and values. Near stands out as an exceptional option in this regard.
So, if you’re a mid-market company looking to scale your business while managing costs and accessing top talent, don’t be intimidated by nearshoring. Embrace it as a valuable tool for growth, and consider partnering with Near to achieve your goals.
Book a free consultation call with us today!