Velvetech has been in business for over 20 years. With more than two decades of experience in the IT industry, the company has built a strong track record of delivering high-quality software solutions and supporting clients across a wide range of industries.

Velvetech is headquartered in the U.S., with offices in Chicago, IL, and Sunny Isles Beach, FL. We offer both remote and on-site services, depending on your project scope, requirements, and preferred collaboration model.

Velvetech was founded by Yuri Yushkov, who now serves as CEO. The executive leadership team also includes Eugene Bryukhov, SVP for Service and Delivery, and Gregory Entin, CTO, each bringing extensive expertise in technology strategy, software delivery, and digital transformation.

We specialize in a wide range of technology services, with a strong focus on AI and data engineering. Our core expertise includes building intelligent operating architectures by combining enterprise system integration, advanced software engineering, and automation-driven solutions.

Velvetech provides full cycle software development services to support businesses at every stage of their digital transformation. From the ground up we create custom software, web and mobile apps, and SaaS products that help businesses grow and adapt. On top of that, we connect systems, migrate operations to the cloud, and modernize legacy software to improve their performance.

We strive to help our clients gain better visibility into their operations and data, that’s why we have a  strong focus on AI and machine learning solutions, along with data engineering and analytics. Beyond that, we bring expertise in IoT projects, CRM implementation, quality assurance, and technology consulting, ensuring every piece of tech ecosystem works seamlessly together. From strategy and architecture to development, deployment, and ongoing support, we provide end-to-end solutions tailored to your business goals.

Absolutely! Velvetech can step into existing projects at any stage, whether you need to stabilize, improve, scale, or fully modernize your current solution. We work with legacy systems, partially completed applications, and underperforming platforms to assess the current state, identify bottlenecks, and create a clear roadmap for improvement.

Our team can help with codebase audits, architecture optimization, cloud migration, UI/UX upgrades, performance improvements, security enhancements, API integrations, and feature expansion. Whether the goal is to continue development seamlessly or reengineer the solution using modern technologies, we ensure a smooth transition with minimal disruption to your operations.

Of course. Before taking over an existing product, it’s a common practice for us to perform a comprehensive technical and product audit to evaluate its current state, identify risks and opportunities, and define the next steps.

Our audit typically covers codebase quality, software architecture, infrastructure and cloud setup, security, performance, and scalability. Besides that, we check all your existing integrations, documentation, and development workflows to detect weak points. We also review the product roadmap, user experience, and business requirements to ensure the solution aligns with your goals.

Sure! Velvetech delivers end-to-end software development services, covering every stage of the product lifecycle. From initial discovery and UX/UI design to development, integration, and quality assurance, we ensure your solution is built to meet both business and technical requirements. Our support continues after launch with ongoing maintenance, performance monitoring, updates, and scaling, as well as enhancements such as AI-driven features and data analytics capabilities. This full-cycle approach allows us to act as a long-term technology partner, ensuring your product evolves with your business needs.

Yes, that’s one of our main specializations. We modernize legacy solutions to improve their performance, scalability, and security while aligning them with evolving business needs.

Our approach focuses on refactoring existing code, improving system architecture, migrating to the cloud, enabling APIs, and enhancing the UI/UX experience. To expand your system capabilities, we can also integrate advanced technologies such as AI and data analytics. Whether you need incremental upgrades or a complete system overhaul, we ensure a smooth transition and long-term sustainability.

Velvetech follows the AI-first approach and offers a comprehensive range of AI and ML solutions. They are designed to help businesses automate processes, handle data streams efficiently, and build smarter products. Our core expertise in this area includes generative AI, custom AI development,  machine learning and ML model engineering, as well as deep learning and NLP.

Yes! Velvetech designs and develops AI agents, intelligent chatbots, and predictive models tailored to specific business workflows and use cases. We build conversational AI solutions for customer support, lead qualification, internal knowledge assistants, and workflow automation. AI copilots and agentic AI systems are also part of our engineering skills.

On the analytics side, we build predictive machine learning models that help you forecast trends, assess potential risks and better understand preferences of your customers. Since these models are trained on your own business data, they deliver insights that are more relevant to your needs and continue to improve over time.

Sure! Velvetech leverages advanced AI technologies, including natural language processing (NLP), computer vision, and generative AI, to build intelligent solutions for businesses across different industries.

We work with a wide range of advanced AI technologies, including chatbots and AI agents that understand natural language, tools for document processing and sentiment analysis, and knowledge assistants that make information easier to access. Using computer vision, we build solutions for image recognition, object detection, video analysis, and quality control. Our team also develops generative AI tools, such as content creation assistants, AI copilots, virtual assistants, and automation systems that help streamline everyday workflows.

Our team follows secure development standards across the full lifecycle — from data ingestion and model training to deployment and ongoing monitoring. This includes data encryption in transit and at rest, role-based access controls, secure API integrations, audit logging, and infrastructure hardening. We also implement data governance policies and environment segregation to protect sensitive business and customer information.

From a compliance perspective, we design solutions to align with industry-specific and regional requirements, such as HIPAA, GDPR, SOC 2, and other applicable regulatory standards, depending on the client’s industry and market. We also apply model validation, bias testing, explainability checks, and human-in-the-loop workflows where needed to support responsible AI use.

Velvetech works with a modern, enterprise-grade technology stack across application development, data & intelligence, infrastructure, DevOps, and systems integration. Our core expertise includes .NET, .NET Core, Node.js, ASP.NET MVC, Java / Spring, Golang, Python, Ruby on Rails, NHibernate, and Entity Framework.

We build solutions that fit your product goals and future growth, whether it’s web or mobile apps, cloud platforms, AI-powered features, or enterprise systems. Our team  will help you select the right technology stack to ensure your solution is scalable, high-performing and ready for the long term.

Velvetech has deep expertise across several proven development ecosystems, including Microsoft (.NET / ASP.NET), Java / Spring, Node.js, Python, and cloud-native architectures.

Velvetech uses industry-standard collaboration and project management tools to ensure transparent communication, agile delivery, and real-time progress visibility.

Depending on client preferences, we typically work with tools such as Jira, Confluence, Azure DevOps, GitHub, GitLab, Microsoft Teams, and regular sprint reporting dashboards. We provide structured updates through status reports, sprint reviews, roadmap planning, and KPI-based progress tracking.

Yes. Velvetech maintains strong partnerships and experience across leading technology ecosystems, including Microsoft, Google, Amazon, Salesforce, and Creatio.

Getting started is simple. Reach out to our team through the contact form, email, or by requesting a consultation. Our experts will review your requirements, discuss your goals, and help define the best-suited engagement model for your project.

If needed, we can sign an NDA before discussing details. From there, we move into discovery, scope definition, timeline planning, and team allocation.

Depending on project scope, we can often start within a few days to 1–2 weeks after requirements and agreements are finalized.

Absolutely. Velvetech frequently works as an extension of internal product, engineering, and business teams. We support staff augmentation, dedicated team models, and hybrid collaboration, integrating seamlessly with your existing workflows, tools, and communication processes.

We provide full transparency throughout the project lifecycle through regular status updates, sprint reviews, milestone reporting, and project dashboards. Our clients typically receive updates via tools such as Jira, Azure DevOps, Teams, and scheduled check-in calls, ensuring visibility into progress, risks, and upcoming deliverables.

Requirement changes are a normal part of software development, and our process is built to accommodate them. We follow an agile delivery model, allowing us to reassess scope, timelines, and priorities as your needs evolve. Any changes are documented, reviewed with your team, and incorporated into the roadmap with full transparency.

We reduce delivery risk through thorough discovery, milestone-based planning, agile sprints, technical audits, QA testing, and continuous communication.

Risk mitigation also includes architecture validation, regular code reviews, performance testing, security checks, and early proof-of-concept validation for complex initiatives such as AI, integrations, or legacy modernization.

We recommend starting the process with a discovery phase to define business goals, technical requirements, risks, and delivery milestones. From there, the project moves into solution architecture, design, development sprints, QA, deployment, and post-launch support. Timelines vary depending on scope, but projects are typically broken into clearly defined milestones and sprint-based releases.

Velvetech offers flexible pricing models for different project scopes, timelines, and business needs. Our primary pricing options include Time & Materials and Fixed Cost – Variable Scope.

The Time & Materials model is ideal for long-term projects with evolving requirements, while Fixed Cost – Variable Scope works well for milestone- or sprint-based delivery with a predefined budget.

Yes, we provide a free initial consultation and project estimate. After reviewing your requirements, goals, and technical scope, our team will prepare a tailored quote along with recommendations for the best engagement and pricing model.

Project cost depends on several factors, including scope complexity, required technologies, team size, project timeline, integrations, compliance requirements, and post-launch support needs. Advanced solutions involving AI/ML, data analytics, cloud architecture, enterprise integrations, or legacy modernization may also impact the overall budget.

No! Velvetech maintains full pricing transparency. All costs, deliverables, milestones, and assumptions are clearly outlined before project kickoff. Any changes to scope, resources, or timeline are discussed and approved in advance, so you may not worry about hidden fees or unexpected charges.

We manage budgets through milestone-based planning, sprint tracking, and regular reporting, ensuring full visibility into spend, progress, and forecasted effort. For change requests, we follow a structured change management process where scope updates are assessed for impact on cost, resources, and timeline before approval and implementation.

Velvetech supports three main engagement models: Dedicated Team, Staff Augmentation, and Technology Partner.

• Dedicated Team – a full-service external team working on your project with maximum transparency
• Staff Augmentation – specialists who extend your internal team
• Technology Partner – long-term strategic collaboration with end-to-end delivery ownership

Velvetech collaborates with leading global technology providers and platforms, including Microsoft, Google, AWS, Creatio, and Salesforce. These partnerships help us build scalable, enterprise-grade solutions across AI, cloud, data, and communications ecosystems

Velvetech focuses on long-term business value, transparency, and strategic alignment, not just project delivery. We work as an extension of your business, combining technical expertise with deep domain understanding to support ongoing innovation, modernization, and growth. Many clients continue working with us for 10+ years thanks to our reliable delivery and partnership-first approach.

We support enterprise clients through dedicated teams, technology partner models, ongoing roadmap execution, managed IT services, modernization, and continuous product evolution. Our teams can operate as a full delivery unit or dedicated development center, ensuring continuity, scalability, and long-term ownership of your technology roadmap.

Absolutely! We regularly collaborate with internal engineering teams, third-party vendors, product teams, and enterprise technology partners. Our engagement models are built for seamless collaboration, whether through staff augmentation, co-delivery, integration support, or advisory services.

Yes. We support co-development and joint solution partnerships, especially for SaaS, enterprise software, AI products, and platform modernization initiatives. This can include shared product ownership, joint roadmap planning, technical delivery, and post-launch scaling support.

Absolutely. Post-launch support is a core part of our service model. We provide maintenance, feature enhancements, performance optimization, security updates, cloud support, AI model evolution, and long-term product scaling after go-live.

We apply a security-first development approach that includes encryption, role-based access control, secure infrastructure, audit logging, vulnerability management, and continuous monitoring. Our team also supports regulatory compliance frameworks such as GDPR, HIPAA, ISO, and industry-specific requirements.

We follow industry-standard best practices, including:

• secure SDLC workflows
• code reviews
• penetration and vulnerability testing
• least-privilege access
• encrypted communications
• CI/CD security controls
• audit trails and monitoring

Security is built into every stage of design, development, testing, and deployment.

Absolutely! We are happy to sign an NDA before discovery, technical discussions, or sharing any sensitive business information to ensure full confidentiality and trust from the very beginning.

We use role-based access control, MFA, secure repositories, protected communication channels, and strict confidentiality protocols. Only authorized team members receive access to relevant environments, documentation, and source code.

Yes, we regularly develop software for highly regulated industries such as healthcare, insurance, fintech, and enterprise services. We can align development with HIPAA, GDPR, SOC 2, ISO 27001, CCPA, and other industry-specific compliance frameworks.

Upon project completion and according to the signed agreement, the client owns the intellectual property, source code, and final deliverables. Ownership terms are clearly defined in the contract to ensure full transparency from the very beginning.