What Sable does

Grupo Sable is a privately-held Latin American technology operating holding company founded in 1980 and headquartered in Las Condes, Santiago, Chile. The company builds, scales, and divests vertical technology platforms serving strategic industries across Chile, Colombia, Mexico, and Peru. Over four decades it has executed six exits to global industry leaders (EQUIFAX, SONDA, ADP, AKKR, SOVOS, and VISMA) and currently operates an ecosystem of 15+ companies and 23 brands organized into six verticals: ERP (Manager+, Random ERP, Flexline ERP, Ordename, Manager Time), Identity (Betrust, Notarisa, FirmaYa), Marketplace (Icar, SeNegocia), Human Resources (Mandomedio, BPX), Insurance (Inmotion with native AI), and Partners (Happ, Riivii, Cincel, Dily, BRAC, Beaware).

The underlying technology is a vertical digital ecosystem combining software platforms, marketplaces, digital identity, automation, and business intelligence, with platforms designed to interoperate around shared identity, data, automation, and digital trust layers. The Insurance vertical embeds native AI for policy, claims, and operations lifecycle management. Sable does not operate as a fund; it is an operating holding that builds and integrates companies internally before selling to global acquirers when scale is reached. The stated track record is over $500MM in cumulative exit value and over $35MM in current ARR across the operating ecosystem.

Sable's business model is primarily subscription-based recurring revenue from enterprise software (ERP, Identity, HR, Insurance) supplemented by transaction-based revenue from vertical B2B marketplaces (automotive and procurement). Go-to-market is direct enterprise field sales targeting large companies and industries across Latin America through the six vertical platforms, with no disclosed channel partners, public pricing, or marketplace listings. The holding is led by President Héctor Gómez, employs 501-1,000 people, and maintains offices in Santiago (HQ), Bogotá, Mexico City, and Lima.

Name

Sable

Legal name

Grupo Sable

Website

https://sable.lat

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Grupo Sable is a Chile-based Latin American technology operating holding, founded in 1980, that builds and divests vertical software platforms across ERP, Identity, Marketplace, HR, and Insurance for large enterprises in Chile, Colombia, Mexico, and Peru.

Ownership category

akta.pro rank

Product category

Enterprise Software Platforms

NAICS

Corporate, Subsidiary, and Regional Managing Offices (551114), Management of Companies and Enterprises (55111)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Enterprise Application License Advisory, Vendor Management & Optimization (BPAEAGAO)

Keywords

• Enterprise software platforms
• Digital identity solutions
• B2B vertical marketplaces
• Insurance management software
• Vertical technology ecosystems

Headquarters

HQ city

Las Condes

HQ country

Chile

HQ region

Latin America

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. ERP Software Subscriptions: Enterprise management software providing finance, accounting, logistics, and operations solutions for large companies, generating recurring subscription revenue.
2. Digital Identity Services: Digital identity, electronic signature, KYC, and document management services providing secure digital trust solutions.
3. B2B Marketplace Transactions: Vertical B2B marketplaces for automotive industry and corporate procurement, likely generating transaction-based revenue.
4. Human Resources Platforms: Platforms for people management, benefits, outsourcing, and executive search services.
5. Insurance Software: Insurance management software covering the full lifecycle including policies, claims, and operations.

Go-to-market motion1 record

Distribution channels1 record

Core offering

Grupo Sable operates an integrated portfolio of vertical software platforms across Latin America through six business lines: (1) ERP enterprise management software (Manager+, Random ERP, Flexline ERP, Ordename, Manager Time) for finance, accounting, logistics, and operations; (2) Digital identity, electronic signature, KYC, and document management (Betrust, Notarisa, FirmaYa); (3) Vertical B2B marketplaces for automotive commercialization and corporate procurement (Icar, SeNegocia); (4) Human resources and benefits platforms (Mandomedio, BPX); (5) AI-native insurance software for policies, claims, and operations (Inmotion); and (6) associated partner companies sharing technology and infrastructure.

Product overview

Sable operates as a Latin American technology holding with a platform-plus-modules architecture organized across six vertical business lines: ERP (enterprise management software), Identity (digital identity and electronic signature), Marketplace (B2B vertical marketplaces), Human Resources (people management and outsourcing), Insurance (AI-powered insurance software), and Partners (associated companies). The ecosystem comprises 23 brands across these verticals, including products such as Manager+, Random ERP, Flexline ERP, Ordename, and Manager Time (ERP); Betrust, Notarisa, and FirmaYa (Identity); Icar and SeNegocia (Marketplace); Mandomedio and BPX (Human Resources); and Inmotion (Insurance). Six additional partner companies (Happ, Riivii, Cincel, Dily, BRAC, Beaware) share technology, market, or infrastructure within the ecosystem. The model enables integrated operations across identity, data, automation, and digital trust.

Differentiator

Problem solved

Functional benefit

Brands

• Manager+: Enterprise management software for finance, accounting, logistics, and operations for large companies.
• Random ERP
• Flexline ERP
• Ordename
• Manager Time
• Betrust
• Notarisa
• FirmaYa
• Icar
• SeNegocia
• Mandomedio
• BPX
• Inmotion
• Happ
• Riivii
• Cincel
• Dily
• BRAC
• Beaware

Products and services

• Manager+ ERP platform for enterprise management of finance, accounting, logistics, and operations, designed for large companies and industries across Latin America.
• Random ERP ERP software providing enterprise management capabilities for finance, accounting, logistics, and operations for companies in Latin America.
• Flexline ERP ERP solution for large companies and industries in Latin America covering enterprise management functions across the back office.
• Ordename Enterprise management software tool within the Sable ERP vertical suite.
• Manager Time Time management software component of the Sable ERP vertical for enterprise customers.
• Betrust Digital identity platform enabling secure operations for people, companies, and institutions, including identity verification, KYC, and document management.
• Notarisa Notarization and document authentication platform within the Sable Identity vertical.
• FirmaYa Electronic signature solution for digital identity and document management within the Sable Identity vertical.
• Icar B2B marketplace platform for the automotive industry covering commercialization and financing in Latin America.
• SeNegocia B2B marketplace for corporate procurement and negotiation activities in Latin America.
• Mandomedio Human resources platform for people management and benefits administration serving Latin American companies.
• BPX HR outsourcing and executive search platform serving Latin American companies.
• Inmotion Insurance software platform with native artificial intelligence managing the full lifecycle of an insurer, including policies, claims, and operations.

Quantifiable outcome

• 40 years of operation with 6 successful exits to global industry leaders

Segments3 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered minor.

• VISMAminorOthers · 1 January 2024Acquirer of REX+ business unit in 2024. Part of Sable's exit track record to global industry leaders.
• SOVOSminorOthers · 1 January 2021Acquirer of ACEPTA business unit in 2021. Part of Sable's exit track record to global industry leaders.
• AKKRminorOthers · 1 January 2017Acquirer of IMED business unit in 2017. Part of Sable's exit track record to global industry leaders.
• ADPminorOthers · 1 January 2013Acquirer of PAYROLL business unit in 2013. Part of Sable's exit track record to global industry leaders.
• SONDAminorOthers · 1 January 2004Acquirer of ORDEN business unit in 2004. Part of Sable's exit track record to global industry leaders.
• EQUIFAXminorOthers · 1 January 1997Acquirer of DICOM business unit in 1997. Part of Sable's exit track record to global industry leaders.

Scale indicators4 records

Recent moves12 records

Expansion highlights5 records

Direct peers

• TOTVS: Brazil's largest enterprise software company, providing ERP, HR, and vertical platforms across Latin America. Directly comparable as a regional vertical-software champion operating a multi-brand, multi-vertical SaaS portfolio in the same geography.
• Senior Sistemas: Brazilian ERP and HCM software provider serving mid-market and enterprise customers. Directly comparable to Sable's ERP and HR verticals with similar target customers and region.
• Linx: Brazilian vertical software company for retail and ERP, now part of StoneCo. Comparable as a LatAm vertical-software platform that was acquired by a larger ecosystem player — a similar exit pathway Sable has pursued.
• VTEX: Brazilian-born enterprise commerce and marketplace platform. Comparable to Sable's Marketplace vertical (Icar, SeNegocia) for B2B commerce and procurement.

Emerging players

• Conta Azul: Brazilian cloud accounting and ERP platform for SMBs. Comparable as a regional SaaS player in the enterprise applications space, though focused on smaller customers than Sable's enterprise base.
• Kavak: LatAm-used automotive marketplace and financing platform. Comparable to Sable's Icar vertical (B2B automotive commercialization and financing) on business model and regional focus.
• Betterfly: LatAm insurtech platform with AI-driven engagement and benefits technology. Comparable to Sable's Inmotion vertical as a regional insurance-technology innovator using AI.

Broad incumbents

• SONDA: Pan-LatAm IT services and systems integration giant that acquired Sable's ORDEN business in 2004. Directly relevant as both a regional IT incumbent and a historical acquirer of one of Sable's own brands.
• Globant: Argentina-rooted global IT services and digital transformation firm. Comparable as a LatAm-headquartered technology platform with multi-country enterprise reach, though more services-oriented than Sable's vertical SaaS model.
• MercadoLibre: Dominant LatAm e-commerce and fintech marketplace ecosystem. Comparable to Sable's Marketplace vertical as a multi-country regional digital ecosystem, though at vastly larger scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries19 records

Funding overview

Funding rounds

Investors

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

M&A

Investments2 records

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

Frequently asked questions about Sable