Memory

What Memory does

Memory Projetos e Desenvolvimento de Sistemas Ltda is a privately held Brazilian software company founded in 1993 and headquartered in Belo Horizonte, Minas Gerais. The firm specialises in integrated software for municipal public administration, serving more than 450 municipal clients across Brazil with a concentration of over 250 cities in Minas Gerais. Its core product, SIAP (Sistema Integrado de Administração Pública), unifies seventeen modules covering accounting, treasury, planning, taxation, procurement, human resources, payroll, fleet, inventory, asset management, internal control, legislative processes, public protocol, electronic invoicing, federal eSocial reporting, and a price-research database hosted on the TCE/MG portal. Customers are exclusively Brazilian municipal governments and their executive, legislative, and autarquia branches, and the platform is engineered specifically to comply with NBCASP, SICOM, TCE/MG IN 15/2011, LGPD, and eSocial requirements.

The technology stack is conventional enterprise Java: a SpringBoot backend running on PostgreSQL or Firebird, an Angular frontend, microservices packaged in Docker, CI/CD via Jenkins, messaging via ActiveMQ/RabbitMQ, and WebService integrations (including XML digital signature) with national systems such as eSocial. Reporting is handled via JasperReports (IReport). Differentiation is concentrated in regulatory compliance depth, the integrated multi-module architecture sharing a single multi-exercise database, and a unique supplier registry spanning all modules. Marketing and distribution rely on direct enterprise field sales to government buyers, supplemented by online and in-person training programmes in Belo Horizonte, a restricted client portal, and brand presence on LinkedIn, Facebook, Instagram, and YouTube.

Revenue is generated through annual software licensing and subscription contracts for SIAP and its modules, bundled with support, updates, and training. Pricing is not publicly disclosed and contracts are negotiated directly with each municipal government. The company operates without external disclosed institutional investment, has 51–100 employees, and shows ongoing hiring activity; no financial figures, funding history, or M&A activity have been disclosed in the available sources.

Name

Memory

Legal name

Memory Projetos e Desenvolvimento de Sistemas Ltda

Website

https://memory.com.br

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

101–250 employees

Short description

Memory Projetos e Desenvolvimento de Sistemas Ltda is a Brazilian software company, founded in 1993 and headquartered in Belo Horizonte, that provides SIAP, an integrated municipal public administration software suite with 17 modules, to over 450 municipal governments across Brazil.

Ownership category

akta.pro rank

Headquarters

HQ city

Belo Horizonte

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Licenses and Subscriptions for SIAP: The company sells and maintains integrated software systems (SIAP and its 13+ modules) to municipal governments, likely through annual licensing or subscription contracts. Support, updates, and training are bundled to ensure proper use.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels7 records

Core offering

Memory develops and sells SIAP (Sistema Integrado de Administração Pública), a unified integrated software platform for Brazilian municipal public administration. The platform comprises interconnected modules covering accounting, treasury, planning, taxation, procurement, human resources, payroll, fleet management, inventory, asset management, internal control, legislative processes, public protocol, and electronic invoicing. The company also provides online and in-person training services for client and partner capacity building.

Product overview

Memory offers SIAP (Sistema Integrado de Administração Pública), a unified integrated platform for municipal public administration with nearly three decades of market presence. The product portfolio comprises 17 integrated modules: SIAP core system, Controle de Frotas, Sistema de Pregão Presencial, NFS-E, Sistema de Controle de Leis, Sistema de Protocolo Público, Licitações e Compras, Sistema de Controle Interno, Integrado de Pessoal, Contabilidade/Tesouraria/Planejamento, Controle Patrimonial, Controle de Almoxarifado, Sistema de Gestão de Tributos, Pesquisa de Preços, eSocial Web Memory, Declaração Eletrônica de Serviços Tomados, and Declaração Eletrônica de Serviços Prestados. These modules share a unified database with multi-year support, integrated user access control with operation logging, automated updates across stations, and are compliant with NBCASP, SICOM, and TCE/MG standards. The company also provides online and in-person training services for customer and partner capacity building.

Differentiator

Problem solved

Functional benefit

Products and services

• SIAP - Sistema Integrado de Administração Pública

Quantifiable outcome

• Deployed in over 250 cities in Minas Gerais and over 450 clients across Brazil
• +2 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Betha Sistemas: Brazilian GovTech company specializing in integrated public management software for municipal governments. Directly comparable to Memory in target customer (Brazilian municipalities), product scope (accounting, treasury, HR, procurement, taxation), and recurring SaaS model.
• IPM Sistemas: Brazilian municipal government software provider offering integrated public administration platforms. Closely comparable to Memory in customer vertical, integrated suite architecture, and direct-to-municipality sales motion across Brazilian states.
• Thema Informática: Brazilian vendor of public administration software serving municipal governments with accounting, treasury, and procurement modules. Comparable to Memory in vertical focus and integrated public-sector ERP offering, though typically with smaller geographic footprint.

Broad incumbents

• TOTVS: Largest Brazilian enterprise software company with a dedicated public sector vertical offering ERP and management solutions to government entities. Overlaps with Memory in municipal and government customers but competes as a broad incumbent with a much wider portfolio.
• Softplan: Major Brazilian software group with a public sector division serving municipal and state governments with management and procurement solutions. Comparable in serving the same customer base but as a broader incumbent with diversified verticals including construction and legal.
• Senior Sistemas: Brazilian ERP and HCM software provider with a public sector offering targeting municipal and state governments. Comparable to Memory in HR/payroll, accounting, and management modules but serves a broader enterprise market beyond government.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCQkl1Ywa1JA6F_S2x-Hb3Hg
• Facebookfacebook.com/memorysoftwares
• LinkedInlinkedin.com/company/memory-softwares
• Instagraminstagram.com/memory_softwares

Revenue estimate

Valuation estimate

Number of profiles

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 Memory