K2 Sistemas

What K2 Sistemas does

K2 Sistemas is a privately held Brazilian IT consulting and software company founded in 1997 as a spin-off from the PUC-Rio university incubator, headquartered in Rio de Janeiro. The company specializes in geoprocessing, geographic information systems, petroleum geology software, and bespoke enterprise systems, serving clients across oil & gas, government (federal, state, and municipal — concentrated in Rio de Janeiro), financial services, environmental, telecom, energy, and healthcare/laboratory segments. Core proprietary products include Trace (an 8-module geological assessment platform for oil exploration with capabilities spanning well data management, petrophysics, lithology digitalization via computer vision, geochemistry, stratigraphic correlation, basin modeling, and map generation), SCOA (a regulatory compliance system for ANP petroleum concession contracts, codifying 140+ obligations from the 11th and 12th bidding rounds), HC CALC (probabilistic recoverable-reserve estimation), SELET (B2C/B2B e-commerce and logistics platform for toxicological examination laboratories), and K2Consig (payroll-deductible credit management deployed at Banco BBM and Banco Maxima). The portfolio also includes ~20 specialized modules (CONGEO, RIOAtlas, CAViar, EpiGIS, SPRING modernization, MxF, Quimio Estrat, STEPS, SibaProj, INI, InfoPAE, etc.), mostly built around geoprocessing and petroleum workflows; recent additions include Reate GPT, a ChatGPT-based geological assistant.

Underlying technology is a portfolio of desktop and web applications tightly coupled to Brazilian regulatory formats (ANP AGP data, LAS for Petrel interoperability, ZMAP for Petromod interoperability) and government procurement requirements (Correios, Gateway de Pagamentos, INSS/DataPrev). The business model combines four engagement structures — fixed-price/fixed-scope projects, dedicated teams on agile methodology, consulting hours, and hybrid models — alongside software subscriptions (Trace priced at R$5,000 per user per month with a 30-day free trial). Customers include Petrobras, ANP, the Government of Rio de Janeiro State and Prefecture, multiple banks (Banco BBM, Banco Maxima, Caixa Econômica Federal), insurance firms (Bradesco Seguros, Icatu-Hartford), Embratel, Endesa Geração Brasil, INPE, EPE, UERJ, Tommasi Laboratories, and Instituto BioAtlântica. Marketing and distribution operate through direct enterprise field sales, client referrals, and academic partnerships (UERJ, UFRGS, UFRJ, UFRN, UFS) that place software in university geology laboratories and support AAPG Imperial Barrel Award competitions. K2 is funded by an internal owner-operator team with no institutional equity investors identified; the only external capital on record is a 2013 FINEP Innovation Program grant for Trace development.

Name

K2 Sistemas

Legal name

K2 Sistemas

Website

https://k2sistemas.com.br

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

11–50 employees

Short description

K2 Sistemas is a Brazilian IT consulting firm, spun off from PUC-Rio in 1997, that develops geoprocessing, petroleum geology software (Trace, SCOA, HC CALC), and bespoke enterprise systems for oil & gas, government, financial, environmental, and healthcare clients.

Ownership category

akta.pro rank

Headquarters

HQ city

Rio De Janeiro

HQ country

Brazil

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Fixed-Price/Scope Projects: Fixed-price, fixed-scope software development projects. Risk borne by K2 Sistemas. Uses Staged Delivery methodology.
2. Dedicated Teams: Dedicated professional teams allocated to client projects. Uses agile methodology with shared management. Risk borne by client.
3. Consulting Hours: Time and materials consulting hours for project phases. Combined with other engagement models.
4. Software Licensing: Proprietary software products including Trace (R$5,000/user/month), SCOA for ANP compliance, and SELET platform.
5. Software Subscriptions: Trace geological software offered at R$5,000 per user per month with unlimited projects and business hours support.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

K2 Sistemas develops and licenses proprietary software products (Trace geological assessment suite, SCOA ANP compliance system, SELET toxicological lab e-commerce/logistics platform, HC CALC reserve estimation, Reate GPT AI assistant, K2Consig payroll credit management) and delivers custom software development and IT consulting services. Its primary commercial focus is vertical software for the oil & gas and government geoprocessing sectors in Brazil, complemented by custom solutions for financial institutions, healthcare laboratories, and environmental agencies.

Product overview

K2 Sistemas is an IT consulting company headquartered in Rio de Janeiro, Brazil, specializing in software development and geoprocessing solutions across multiple industry sectors. The company's product portfolio consists of three main proprietary platforms: (1) Trace – a professional geological assessment software for oil exploration with 8 modules covering well data management, petrophysics, geochemistry, and basin modeling; (2) SCOA – a compliance management system for ANP petroleum concession contracts; and (3) Selet – a web-based e-commerce and logistics platform for toxicological examinations. Additionally, Reate GPT provides a ChatGPT-based geological assistant. K2 Sistemas also offers extensive custom software development for government agencies (geospatial systems like CONGEO, CAViar, RIOAtlas, EpiGIS), financial institutions (K2Consig, SCI, K2Config, SIGA Transportes), environmental management (SPRING modernization, GeoAtlântica, SIGAMBS), and the oil & gas sector (MxF, Quimio Estrat, STEPS, SibaProj). The company provides project-based, dedicated team, hybrid, and time & budget engagement models.

Differentiator

Problem solved

Functional benefit

Brands

• Trace: Software for geological assessment in oil exploration projects, including modules for storage/editing, statistical analysis, petrophysics, lithology digitization, geochemistry, stratigraphic correlation, basin modeling, and map generation
• SCOA
• SELET
• K2Consig
• REATE GPT

Products and services

• Trace Professional software for geological assessment in oil exploration projects, supporting the complete workflow from well data import and visualization to basin modeling and map generation. Includes 8 specialized modules covering storage/editing/quality control, exploration/statistical analysis, petrophysics, lithology digitalization, geochemistry, stratigraphic correlation, basin modeling (Multi-1D), and map generation. Priced at R$5,000 per user per month with a 30-day free trial.
• SCOA - Sistema de Controle de Obrigações da ANP Compliance management system for monitoring petroleum concession contracts with Brazil's National Petroleum Agency (ANP). Features timeline visualization, automatic alert generation, interactive map of exploratory blocks, and document management for regulatory compliance. Contains 140+ registered obligations from ANP 11th and 12th bidding rounds.
• SELET Web platform for e-commerce and logistics management of toxicological examinations, supporting B2C and B2B sales, reverse logistics, inventory management, financial reconciliation, fraud detection, payment gateway integration, and Correios shipment tracking. Includes RENACH/Detran traceability and collection network management.
• Reate GPT AI-powered geological assistant integrated with ChatGPT that processes natural language queries for geological information and analysis, combining domain geology knowledge with generative AI capabilities.
• HC CALC Risk and volumetric evaluation software for probabilistic calculation of recoverable oil reserves, enabling maturity management of potential discoveries through probabilistic modeling of hydrocarbon resources and reserves.
• K2Consig Complete system for managing payroll-deductible credit operations with modules for sales, administration/post-sale, government agency interfaces (INSS/DataPrev), external system integration, automated alerts, and access control. Deployed in production at Banco Maxima (since 2006) and Banco BBM (since 2008).

Quantifiable outcome

• Automatic lithology recognition rate exceeding 90% for ANP logs
• +3 more outcomes

Named customers15 records

Segments7 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability10 records

Feature6 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• EPE (Empresa de Pesquisa Energética)coreStrategic or Co-development Partner · 1 January 2015Partners since 2015, K2 Sistemas works with EPE on cession and support of TRACE software for energy research studies, with focus on basin modeling.
• ON (Oil & Natural Gas)coreStrategic or Co-development PartnerPartnership focused on Trace software modules for petrophysics and well correlation.
• UERJ (Universidade do Estado do Rio de Janeiro)coreStrategic or Co-development PartnerConstant partnership since software development inception. TRACE is present in multiple geology department laboratories. Over 40 students trained through trainings and minicourses. Students use program for well data loading, visualization, and organic geochemistry. Support provided for AAPG Imperial Barrel Award competitions.
• UFRGS (Universidade Federal do Rio Grande do Sul)minorStrategic or Co-development PartnerCession and support of TRACE program for AAPG-UFRGS student chapter to compete in Imperial Barrel Award 2016.
• UFRJ (Universidade Federal do Rio de Janeiro)coreStrategic or Co-development PartnerPartnership with LAGESED (Laboratório de Geologia Sedimentar) with focus on basin modeling and Litoimagem tool.
• UFRN (Universidade Federal do Rio Grande do Norte)minorStrategic or Co-development PartnerMost recent partnership. Work focused on well data loading, editing, visualization and basin modeling in Potiguar Basin. Positive user feedback received on Trace software features.
• UFS (Universidade Federal de Sergipe)minorStrategic or Co-development PartnerCession and support of TRACE program for AAPG-UFS student chapter to compete in Imperial Barrel Award 2016. Positive feedback on geochemistry module for organic matter analysis.
• INPE (Instituto Nacional de Pesquisas Espaciais)coreStrategic or Co-development PartnerSPRING GIS system modernization project. K2 developed new functionalities, improved user interaction, and performed maintenance on official version. SPRING has over 100,000 registered users.
• TeCGraf (PUC-Rio)coreStrategic or Co-development PartnerPartnership with Grupo de Tecnologia de Computação Gráfica da PUC-Rio for InfoPAE emergency management system deployment at Petrobras units.
• Instituto BioAtlânticaminorStrategic or Co-development PartnerGeo Atlântica project: comprehensive geographic information system for Mata Atlântica biome management. Platform aggregates data from 50+ organizations including Conservation International, Petrobras, and The Nature Conservancy.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• CI&T: Brazil-based enterprise digital transformation and software engineering firm serving similar large enterprise and government clients in Brazil with comparable dedicated-team and fixed-price engagement models.
• Imagem: Brazilian geospatial and earth observation solutions provider, overlapping directly with K2's GIS and geoprocessing work for Brazilian government, environmental, and petroleum clients.
• Stefanini: Major Brazilian IT services and outsourcing company with strong oil & gas, government, and financial services practices that overlaps with K2's vertical segments and Brazilian enterprise client base.

Broad incumbents

• TOTVS: Brazil's largest enterprise software publisher (ERP, financial, HR) serving the same Brazilian enterprise and government market as K2, though at significantly greater scale with broader functional coverage.
• Halliburton Landmark: Halliburton's Landmark division offers DecisionSpace and geoscience suites that compete head-to-head with K2's geological and reservoir software in Brazilian E&P workflows.
• Hexagon Geospatial: Major global GIS and geospatial analytics vendor whose offerings directly compete with K2's custom government GIS systems (CONGEO, RIOAtlas, EpiGIS) and SPRING-based solutions in Brazil.
• SLB (Schlumberger): Global leader in upstream oil & gas software (Petrel, Petromod), directly competing with K2's Trace, MxF, STEPS, and HC CALC products in the E&P geological assessment category. K2's MxF already integrates with Petrel and Petromod, evidencing direct competition.
• Emerson Paradigm: Emerson's Paradigm (formerly Paradigm Geophysical) provides seismic-to-reservoir software suites that compete with K2's geological and basin-modeling products in the upstream oil & gas market.
• Esri: World-leading GIS platform vendor whose ArcGIS stack is the default competitor/alternative when Brazilian public-sector agencies procure geoprocessing systems, displacing or substituting custom platforms like K2's CONGEO.
• Engineering (Engineering Ingegneria Informatica / Brasil): Italy-headquartered global IT services group with strong Brazilian government and financial services practice that competes with K2 for large enterprise digital transformation and systems integration contracts in Brazil.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/K2-Sistemas-208305139228336

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 K2 Sistemas