Virtualsoft

What Virtualsoft does

Virtualsoft is a Colombian technology company that develops and licenses modular iGaming platforms for licensed online sports betting and casino operators, with a commercial focus on Latin America. Founded in 2019 and headquartered in Medellín, the company has grown to 150+ employees and operates in more than 14 Latin American countries serving 20+ enterprise operator clients including Ecuabet, Doradobet, Ganaplay, Paniplay, Camanbet, Latinbet, Netbet, and Redcasino. Its product portfolio comprises three core platforms — a customizable sports betting platform (integrating Altenar as sportsbook provider), a live casino solution with 300+ HD dealer tables from providers such as Evolution Gaming and Pragmatic Play, and a virtual games/slots catalog of 10,000+ titles aggregated from 200+ content providers — supported by AI-driven game positioning based on user preferences.

The underlying technology is built on a modular microservice architecture with SQL/NoSQL database optimization, in-memory caching, automatic scaling, and 24/7 availability, and is certified to GLI19/GLI33 standards by Gaming Laboratories International as well as by Peru's MINCETUR. The platform is omnichannel (online and retail/land-based), multi-currency, and multi-language, and exposes APIs and plugins for connecting to 80+ local and international cash-in/cash-out payment providers and to CRM and PAM systems.

Virtualsoft's commercial model combines recurring platform licensing/SaaS fees with professional services for development and integration and ongoing managed technical services. Go-to-market is enterprise field sales with consultative, quote-based pricing and direct CTAs targeting large licensed operators. Revenue figures are not publicly disclosed, and the company is privately held with no disclosed external investors, M&A activity, or subsidiaries.

Name

Virtualsoft

Legal name

Virtualsoft

Website

https://virtualsoftlatam.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

51–100 employees

Short description

Virtualsoft is a Colombian iGaming technology provider that licenses modular sportsbook, live casino, and virtual slots platforms to licensed operators across Latin America, with GLI-certified infrastructure serving 20+ enterprise clients in 14+ countries.

Ownership category

akta.pro rank

Product category

iGaming Platform Software

NAICS

Software Publishers (5132), Custom Computer Programming Services (541511)

SIC

Services-Computer Programming Services (7371), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

iGaming Platform Providers (Turnkey/Casino & Sportsbook Platforms) (MPAEAKAA)

akta.pro secondary industries

Game Aggregation, Content Distribution & RGS (Remote Game Servers) (MPAEAKAG), iCasino Compliance, KYC/AML & Responsible Gaming Services (MPAEABAN), iGaming/Online Slot Content & Remote Game Servers (RGS) (MPAEAJAI)

Keywords

• IGaming software
• Sports betting platform
• Online casino software
• Gaming platform provider
• Online gambling technology

Headquarters

HQ city

Medellín

HQ country

Colombia

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. Platform Licensing / SaaS: Licensing of proprietary iGaming platforms (sportsbook, casino, virtual games) to operators. The platform is described as modular, customizable, and certified, suggesting a recurring licensing or subscription model for technology access.
2. Development and Integration Services: Custom development and integration services connecting operator platforms with games, payment gateways, regulatory systems, and third-party products. Includes connection to providers and development of personalized interfaces.
3. Technical Management Services: Ongoing platform management, updates, and maintenance tools provided to operators to ensure continuous platform operation and compliance.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Virtualsoft develops and commercializes modular, GLI-certified software platforms for the iGaming sector, including sports betting, live casino, and virtual slots. The company licenses this technology to enterprise online gambling operators across Latin America, complemented by custom development, integration, and ongoing technical management services.

Product overview

Virtualsoft is an iGaming technology provider offering a modular platform portfolio for online sports betting and casino operations. The core products include: (1) Apuestas Deportivas - a sports betting platform with live streaming, real-time statistics, cash out, and bet builder features; (2) Casino en Vivo - a live casino solution with 300+ HD tables featuring Blackjack, Roulette, Baccarat, Poker, and entertainment shows with real dealers; and (3) Juegos Virtuales - a slots platform with 10,000+ games from 80+ providers featuring AI-powered personalization and progressive jackpots. These products are complemented by Development & Integration services and Technical Development services for infrastructure. The platform supports omnichannel, multi-currency, and multi-language operations across 14 Latin American countries, with over 150 employees serving more than 20 operator clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Apuestas Deportivas (Sports Betting Platform) A modular and customizable sports betting platform designed for licensed online and retail operators, handling real-time sporting events and leagues with features such as live streaming, real-time statistics, cash out, and bet builder. Built on certified infrastructure for the Latin American market.
• Casino en Vivo (Live Casino Platform) A live casino platform offering 24/7 action with over 300 live tables featuring real dealers in blackjack, roulette, baccarat, poker, and entertainment show formats, with HD streaming, multilingual dealers, and exclusive branded table customization for online casino operators.
• Juegos Virtuales (Virtual Games / Slots Platform) A virtual slots and crash games platform featuring over 10,000 certified games from 80+ providers, including progressive jackpots, tournaments, crash mechanics, and AI-powered game positioning based on user preferences for casino operators.
• Desarrollo e Integración (Development and Integration Services) Custom development and integration services connecting operator platforms with games (slots, live casino), sports betting, payment gateways, CRM, and third-party providers. Includes API connections, custom interface development, and regulatory compliance support for iGaming operators.
• Desarrollo Técnico (Technical Development Services) Infrastructure design and implementation services for iGaming platforms, including secure architectures with high availability and auto-scaling, modular service design, SQL/NoSQL database optimization, and GLI-compliant monitoring for uptime and traceability.
• Gestión (Platform Management and Maintenance Services) Ongoing platform management, update, and maintenance services for iGaming operators, providing tools and support for continuous platform operation, regulatory compliance, and technical performance.

Quantifiable outcome

• Platform deployed across 14+ countries in Latin America with 20+ active operator implementations
• +2 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability2 records

Feature5 records

Partnerships

Six partnerships are on record, tiered core.

• AltenarcoreTechnology or IntegrationAltenar serves as the sportsbook technology provider integrated into Virtualsoft's platform for operators seeking sports betting capabilities. Virtualsoft integrates Altenar's sportsbook product into their certified platform, offering operators a complete sports betting solution with reliability, speed, and scalability.
• Play'n GocoreTechnology or IntegrationLeading slot game provider integrated into Virtualsoft's virtual games platform, supplying certified slot content to operators in Latin America.
• Pragmatic PlaycoreTechnology or IntegrationMajor iGaming content provider integrated into Virtualsoft's platform, offering slots, live casino, and other gaming products to Latin American operators.
• Evolution GamingcoreTechnology or IntegrationLeading live casino provider integrated into Virtualsoft's live casino platform, providing high-quality live dealer content to Latin American operators.
• AmusnetcoreTechnology or IntegrationCasino gaming provider integrated into Virtualsoft's platform, contributing to the extensive slot game catalog available to operators.
• Gaming Laboratories International (GLI)coreTechnology or IntegrationInternational gaming testing and certification laboratory providing GLI19/GLI33 certification for Virtualsoft's platform, validating technical compliance and enabling regulatory market access across multiple jurisdictions.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• BetConstruct: BetConstruct provides a turnkey iGaming and land-based betting platform with sportsbook, casino, and live dealer verticals. Comparable to Virtualsoft in offering a full omnichannel platform and targeting emerging and LATAM markets.
• Altenar: Altenar is a sportsbook technology provider whose product is integrated into Virtualsoft's platform. Comparable as a direct or adjacent competitor for sportsbook-specific deals in LATAM and a key dependency in Virtualsoft's stack.
• EveryMatrix: EveryMatrix offers a modular iGaming platform suite (casino, sportsbook, PAM) with extensive third-party integrations. Highly comparable to Virtualsoft's modular, integration-heavy architecture and is actively pursuing LATAM market entry with GLI-certified products.
• Digitain: Digitain provides an iGaming platform, sportsbook, and casino aggregator with global coverage. Comparable to Virtualsoft as a multi-vertical platform provider with aggregation breadth and active LATAM expansion.
• NSoft: NSoft offers a turnkey betting and casino platform with omnichannel (online + retail) capabilities. Comparable to Virtualsoft in product scope (sportsbook, casino, virtual games) and in targeting emerging-market operators.
• Pragmatic Solutions: Pragmatic Solutions is the iGaming platform arm of Pragmatic Play, offering a turnkey player account management (PAM) and casino platform to operators. Directly comparable to Virtualsoft as a multi-vertical turnkey platform competing for the same enterprise operator customers, now expanding into Latin America.
• SOFTSWISS: SOFTSWISS provides an iGaming platform, casino solution, and aggregation hub serving hundreds of operators globally. Comparable to Virtualsoft as a turnkey platform with extensive game provider aggregation and a strong push into Latin American regulated markets.

Broad incumbents

• Playtech: Playtech is a large incumbent iGaming platform and content provider with regulated-market licenses across Europe and Latin America. Comparable as a competing enterprise platform for regulated operators, though at much greater scale and broader scope.
• Pragmatic Play: Pragmatic Play is a leading iGaming content provider (slots, live casino, bingo) and, via Pragmatic Solutions, a platform provider. Comparable to Virtualsoft as both a content integration partner and a broader incumbent increasingly competing at the platform layer.

Others

• Gaming Laboratories International (GLI): GLI is the certification laboratory whose GLI19/GLI33 standards Virtualsoft's platform is certified against. Related as the ecosystem enabler whose certifications grant Virtualsoft access to regulated markets; not a competitor but a critical infrastructure participant.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/virtualsoft-servicios-y-software

Compliance3 records

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 Virtualsoft