What Flux IT does

Flux IT, legally Flux IT Soft LLC, is a custom software development and technology consulting firm founded in 2008 and headquartered in La Plata, Buenos Aires Province, Argentina, with a secondary office in Buenos Aires' Puerto Madero financial district. The company operates as an independent, privately-held enterprise services provider with 101–250 employees and no disclosed external funding. Flux IT crafts bespoke technology solutions for clients by combining software engineering capability with business domain expertise, targeting three anchor verticals — Finance & Banking, Insurance, and Ports & Logistics — alongside an 'Other industries' track for adjacent technology challenges. Leadership comprises CEO Santiago Urrizola and co-founders/directors Alfonsina Chesini and Ulises Chesini. The firm is led without institutional outside capital, operating geographies across South America with visible engagements in Chile and Peru beyond its Argentine home base.

The company's underlying capability is custom software engineering rather than packaged product or platform technology: no proprietary products, APIs, SDKs, patents, or third-party integrations are disclosed, and the 'technology' is described as the integration of technical expertise with business insights tailored per client. Revenue is generated through professional services engagements sold via direct enterprise sales on a project-based, quote-driven model; pricing is not publicly disclosed. Marketing and pipeline development leverage a content footprint on LinkedIn, Instagram, Medium ('flux-it-thoughts'), and Dribbble, plus PR coverage in Argentine business media such as La Nación and Cronista. The customer base is concentrated in enterprise accounts and includes Mastercard, Swiss Medical, Galicia, Macro, Telecom Argentina, Naranja X, Tenpo (Chile's first digital bank), and Peruvian port operators Puerto Paracas and Fertisa, with insurance clients including Iké and Federación Patronal.

Flux IT positions itself as a strategic partner rather than a pure vendor, emphasizing side-by-side collaboration with clients on complex technology and business challenges, including digital transformation, operational efficiency, customer experience, and ecosystem connectivity (particularly in logistics). Customer concentration is balanced across multiple industries and geographies, though project-by-project economics and the absence of disclosed recurring revenue figures limit visibility on run-rate business performance. The firm has indicated strategic intent around AI-augmented enterprise delivery via CEO-authored thought leadership, though no AI product or proprietary capability is yet evidenced in the public record.

Name

Flux IT

Legal name

Flux IT Soft LLC

Website

https://fluxit.com.ar

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

101–250 employees

Short description

Flux IT is an Argentine custom software development and consulting firm serving enterprise clients in Finance, Insurance, and Ports & Logistics. Founded in 2008, it delivers bespoke digital transformation solutions for clients including Mastercard, Swiss Medical, and Tenpo.

Ownership category

akta.pro rank

Product category

Custom Software Development and IT Consulting

NAICS

Custom Computer Programming Services (541511), Management Consulting Services (54161), Computer Systems Design and Related Services (54151)

SIC

Services-Computer Programming Services (7371), Services-Management Consulting Services (8742)

akta.pro primary industry

Business Process & Digital Transformation Consulting (BPAEAAAD)

akta.pro secondary industry

Digital & Technology Transformation Consulting (BPAHACAH)

Keywords

• Custom software development
• Technology consulting services
• Enterprise software solutions
• Digital transformation services
• Fintech software development

Headquarters

HQ city

La Plata

HQ country

Argentina

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Custom Software Development Services: Flux IT generates revenue through custom software development and technology consulting services. They provide customized solutions that blend technical expertise with business insights, suggesting a professional services model where solutions are tailored to specific client needs. The company works across Finance, Insurance, and Ports & Logistics industries, delivering bespoke technology implementations.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Flux IT provides custom software development and technology consulting services, crafting tailored solutions that combine technical expertise with business insights. The firm specializes in serving enterprise clients across the Finance, Insurance, and Ports & Logistics verticals in South America, with additional work for other industries. Their offerings blend strategic advisory, design, and software engineering into bespoke technology implementations aligned to each client's business objectives.

Product overview

Flux IT is a technology services company that crafts customized solutions for businesses across Finance, Insurance, Ports & Logistics, and Other industries. The company blends technical expertise with business insights to create tangible results. Flux IT operates as a services provider rather than a product vendor, offering industry-specific consulting and technology implementation services tailored to each sector's needs.

Differentiator

Problem solved

Functional benefit

Products and services

• Custom Software Development Services

Named customers11 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves5 records

Expansion highlights5 records

Direct peers

• Globant: Argentina-headquartered global IT and digital transformation services firm serving enterprise clients across banking, insurance, and logistics. Most directly comparable peer given shared origin, vertical overlap, and similar enterprise sales motion.
• Hexacta: Argentine custom software development and technology consulting firm with similar mid-market enterprise focus and bespoke project delivery model in LatAm.
• Baufest: Argentine software services and technology consulting firm offering custom development and digital transformation to enterprise clients across financial services and other verticals.
• intive: Global custom software development and digital product engineering firm with significant Argentine delivery, comparable in size and enterprise client focus.
• Softtek: Latin America-founded IT services and digital transformation provider with strong presence in banking and financial services; directly competes for similar enterprise engagements across the region.
• Thoughtworks: Global technology consultancy specializing in custom software, digital strategy, and enterprise transformation for financial services and other regulated industries.

Broad incumbents

• Accenture: Global professional services giant with extensive digital transformation, consulting, and technology implementation practices; competes for the same large-enterprise digital transformation mandates, especially in banking.

Emerging players

• GeneXus: Uruguay-based software development platform provider with strong LatAm footprint in enterprise application development; offers a low-code alternative that partially overlaps Flux IT's custom development positioning.
• Globant AI Studios (within Globant) / ABstract (regional): Emerging LatAm digital product and AI-augmented services boutiques targeting similar enterprise transformation mandates in finance and insurance; reflects the competitive landscape Flux IT is moving into.

Others

• Conduent: Digital interactions and business process services firm with deep banking and insurance client base; relevant adjacent peer for Flux IT's finance/insurance digital services expansion.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/fluxit
• Instagraminstagram.com/fluxitsoft
• Xx.com/fluxitsoft

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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 Flux IT