VHSYS

What VHSYS does

VHSYS is a Brazilian cloud-based ERP SaaS company headquartered in São José dos Pinhais, Paraná, founded in 2011 by cousins Reginaldo and Luan Stocco. The platform serves micro and small Brazilian businesses across 60+ verticals with an integrated suite covering financial control, electronic fiscal invoice issuance (NF-e, NFC-e, NFS-e, CT-e, MDF-e), inventory management, point-of-sale, sales/service order management, and a virtual store, plus connections to 70+ marketplaces and an integrated StoneCo PJ bank account in the flagship Gestão Integrada plan. Technology is delivered as cloud-hosted, web- and mobile-accessible software on AWS infrastructure, with a public API powering an Integration Store of proprietary, partner-integrated, and third-party apps.

The company monetizes primarily through tiered monthly and annual SaaS subscriptions (Essencial, Controle, Completo, Gestão Integrada) with annual commitments carrying 12-month loyalty terms, supplemented by per-add-on revenue from the Integration Store and White Label licensing sold as prepaid or post-paid vouchers. GTM is product-led with a 7-day free trial and no credit-card onboarding, layered with a structured six-tier reseller program (15-40% commissions), accountant (Contador) referrals, White Label distribution, and a deep embedded partnership with StoneCo. The company reports 1M+ entrepreneur registrations, R$22 billion in cumulative sales processed, and 7.8 million invoices issued in 2025, supported by a 51-100-person team and a Lean SMB SMB-only Brazil focus.

VHSYS operates as VHSYS SISTEMA DE GESTÃO S.A., a privately held Brazilian closed capital stock company that has received strategic funding from TM3 Capital and StoneCo. It is LGPD compliant, references ISO/IEC 27001 and 27002 in its security posture, and is positioning for Brazil's ongoing Tax Reform by emphasizing the breadth of its municipal NFS-e homologations and continuous platform updates.

Name

VHSYS

Legal name

VHSYS SISTEMA DE GESTÃO S.A.

Website

https://vhsys.com.br

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

51–100 employees

Short description

VHSYS provides a cloud-based ERP SaaS for Brazilian micro and small businesses across 60+ verticals, combining financial management, electronic fiscal invoicing, inventory, POS, and marketplace integrations into a single subscription platform.

Ownership category

akta.pro rank

Headquarters

HQ city

São José Dos Pinhais

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. SaaS Subscription (ERP Plans): VHSYS generates the majority of its revenue from recurring SaaS subscriptions sold in four tiers: Essencial (basic financial and fiscal), Controle (adds sales and services management), Completo (adds full inventory and POS), and Gestão Integrada (adds multi-CNPJ, Stone bank account, and card terminal). Plans are available in monthly, quarterly, semi-annual, and annual billing cycles with automatic renewal. Annual plans include a free Digital Certificate A1 and are subject to a 12-month loyalty period with early cancellation fees.
2. Integration Store (Marketplace and App Add-ons): Additional paid integrations and apps (e.g., marketplace connections, TEF, SMS, email marketing, SERASA checks) available through the Integration Store. Revenue is generated per-transaction or per-integration as an add-on to the base subscription.
3. White Label Licensing: Revenue from licensing the VHSYS ERP platform under a partner's brand (White Label), where partners resell voucher-based licenses to their own customer base. Vouchers are sold pre-paid or post-paid, with minimum monthly license commitments.
4. Partner Reseller Commissions: VHSYS pays commissions to certified partners (Indicação and Venda Direta models) based on a tiered commission structure (Bronze 15-20%, Prata 20-25%, Ouro 25-30%, Diamante 30-40%), generating a cost-of-revenue for VHSYS but driving customer acquisition.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels8 records

Core offering

VHSYS is a cloud-based ERP SaaS platform for micro, small and medium-sized Brazilian businesses that unifies financial management, electronic fiscal invoice issuance (NF-e, NFC-e, NFS-e, CT-e, MDF-e), sales, inventory, point-of-sale and service order management. The platform is offered in four subscription tiers with monthly to annual billing, and is extended through an Integration Store with marketplace, payment, and accounting add-ons, an AI assistant (vhsys.ia), and a White Label program for partners.

Product overview

VHSYS is a modular cloud-based ERP (Software as a Service) platform for micro, small, and medium businesses in Brazil, covering financial management, sales, inventory, and fiscal document issuance. The platform operates as a unified core system with integrated functional modules — Controle Financeiro (financial control), Controle de Vendas (sales management), Controle de Estoque (inventory management), Emissor de Nota Fiscal (electronic invoice issuance), PDV (point-of-sale), and Servicios (service order management) — supplemented by add-on products including Loja Virtual (virtual store), the Marketplace Integration (70+ e-commerce channels), the vhsys.ia AI assistant, the Conta PJ integrated bank account, the Central de Relatórios analytics dashboard, and a mobile app for iOS and Android. All modules share a common database, enabling automatic data synchronization across the ecosystem. The platform is non-customizable (standardized features for all users), distributed by subscription (monthly, quarterly, semi-annual, annual plans), and includes an Integration Store with proprietary apps, partner-integrated apps, and third-party apps built on the VHSYS API.

Differentiator

Problem solved

Functional benefit

Brands

• vhsys.ia: AI-powered assistant feature within the VHSYS platform that allows users to ask questions and get help with system functions directly.

Quantifiable outcome

• Over 7.8 million fiscal invoices processed through the platform in 2025
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability3 records

Feature7 records

Partnerships

Three partnerships are on record, tiered core and minor.

• StoneCo (Stone)coreTechnology or IntegrationDeep product integration with StoneCo's financial ecosystem. The flagship Gestão Integrada plan bundles Stone's PJ bank account (Conta PJ), TEF payment processing, and card terminal (maquininha) directly within VHSYS. VHSYS shares customer names with StoneCo for cross-identification. This is one of VHSYS's most distinctive competitive differentiators.
• Amazon Web Services (AWS)coreTechnology or IntegrationAWS certified partner. VHSYS runs on AWS cloud infrastructure, leveraging AWS services for reliability, security, and scalability of its SaaS ERP platform. AWS certification badge is displayed on the website footer.
• Empreenda+ PlatformminorOthersProprietary training and certification platform used to onboard and certify partner resellers. Partners must complete the certification within 30 days of enrollment. The platform also offers broader business management education content.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Conta Azul: Brazilian cloud-based ERP and financial management platform targeting small and medium-sized businesses, offering invoicing, financial control, and accounting integrations — a direct functional competitor in the same SMB cloud ERP category as VHSYS.
• Omie: Brazilian cloud ERP platform serving SMBs with financial management, sales, inventory, and fiscal modules plus a strong partner/accountant channel — competing head-to-head with VHSYS for the same micro/SMB customer profile.
• Bling: Brazilian ERP/management system for SMBs with deep marketplace integration (Mercado Livre, Amazon, Magalu) and electronic invoicing — competing directly with VHSYS in the retail and omnichannel SMB segment.

Broad incumbents

• TOTVS: Largest Brazilian enterprise software company with broad ERP, fiscal, and HR offerings spanning SMB to enterprise — competes with VHSYS in the SMB tier but with a much wider product portfolio and enterprise-grade capability.
• Linx (StoneCo): Brazilian retail management and ERP software company acquired by StoneCo, providing overlapping SMB and mid-market ERP and POS solutions — both a sibling (via Stone) and a competitor to VHSYS.
• StoneCo: Major Brazilian SMB fintech (acquirer, banking, credit) and an investor in VHSYS with a deep product integration — competes adjacently through Linx and could evolve into a more direct ERP competitor for SMB banking + management.
• SAP Business One: Global cloud ERP for SMBs sold through a partner channel in Brazil — competes for the upper SMB and mid-market segment that VHSYS serves, with a heavier implementation footprint and global brand.
• Oracle NetSuite: Global cloud ERP platform with growing SMB presence in Brazil — competes for mid-market and upper SMB customers moving beyond VHSYS's typical micro-segment, with deeper financial and compliance functionality.

Emerging players

• Nuvemshop: Brazilian e-commerce platform (part of VTEX group) for SMBs with marketplace integrations — overlaps with VHSYS on omnichannel selling and virtual store functionality for digital-first SMBs.

Others

• HubSpot: Global SMB software platform for CRM, marketing, and operations — not a direct ERP competitor, but a comparable SMB-focused product-led growth company whose GTM and partner ecosystem inform VHSYS's playbook.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@VHSYS
• Facebookfacebook.com/VHSYS
• LinkedInlinkedin.com/company/vhsys
• Instagraminstagram.com/vhsys_
• Xx.com/VHSYS

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about VHSYS