What FM Solutions Group does

FM Solutions Group is a privately held custom software development firm operating from Funchal, Portugal and Caracas, Venezuela, serving clients primarily across Latin America. The company employs 11-50 personnel described as "young professionals" and "expert programmers" certified across multiple technology stacks including .NET, Java, PHP (CodeIgniter, Laravel), and SQL databases (SQL Azure, SQL Server, MySQL, Oracle). Its service portfolio spans responsive web design, native iOS/Android mobile development, UX/UI design, legacy system migrations (COBOL, VB6), payment gateway integrations (RedUnicre, PayPal, MercadoLibre), and 24/7 technical support.

The company's product offerings include several domain-specialized vertical applications: OPTOL (an optometry management system with patient records, prescriptions, and SMS/email integration), AgAsesores (an online accounting platform), GlaucomaVirtual (an ophthalmological diagnostic application integrating with diagnostic equipment), TuSatelite (a Java-based GPS tracking system running on Solaris), and Boton SOS (an emergency request mobile/web platform). The firm also delivers call center, chat agent, and chatbot services built in Java, with Facebook Messenger integration for automated ticket generation and system queries.

FM Solutions operates on a sales-led, project-based commercial model, providing commitment-free budget quotes and customized pricing per scope. Its target segments include SMBs, healthcare and medical practices, retail/commerce, accounting firms, and educational institutions. Named customers include IESA, Grupo Beco, Tiendas Ama de Casa, Automercado Licharh, and various clinics and diagnostic centers. The company maintains no disclosed funding, no parent organization, no M&A activity, and no institutional investor backing, indicating founder-led independent ownership.

Name

FM Solutions Group

Legal name

FM Solutions Group

Website

https://fmsolutionsgroup.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

FM Solutions Group is a privately held custom software development firm based in Funchal, Portugal and Caracas, Venezuela, delivering web, mobile, and vertical-specific applications (optometry, ophthalmology, accounting, GPS, emergency response) to SMBs and enterprises across Latin America.

Ownership category

akta.pro rank

Headquarters

HQ city

Funchal

HQ country

Portugal

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Custom Software Development: Project-based custom software development services including web applications, mobile apps (iOS, Android), and desktop systems. Revenue generated through one-time project fees based on scope and complexity.
2. System Integration and Migration: Integration of legacy systems (COBOL, VB6) to modern web platforms and migration services. Includes Microsoft Integration Services implementations.
3. 24/7 Support and Maintenance: Ongoing technical support, maintenance, and remote assistance services. Includes training and induction hours with all developments.
4. Call Center and Chat Bot Services: Call center, chat agent, and BOT development services for customer service automation, including Facebook bot integrations for ticket generation and system queries.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

FM Solutions Group is a custom software development firm that designs, builds, and supports web applications, native iOS/Android mobile apps, and desktop systems. It delivers specialized vertical products (optometry management, online accounting, ophthalmological diagnostics, emergency response, GPS tracking) and provides system integration, legacy migration, payment gateway, call center/chatbot, and 24/7 support services for clients in Latin America and Portugal.

Product overview

FM Solutions Group is a custom software development company offering a portfolio of specialized vertical applications and IT services. The core products include OPTOL (optical clinic management), AgAsesores (online accounting), GlaucomaVirtual (ophthalmological diagnostics), Laboratorio Tilente (lab integration), Centro de Diagnostico IOTED (diagnostic integration), Boton SOS (emergency response), TuSatelite (GPS tracking), and Telares de Palo Grande (retail management with Microsoft GP integration). These products are complemented by professional services including responsive web design, mobile development, UX/UI design, system integrations and migrations, payment gateway implementations, social media services, call center/chatbot solutions, and 24/7 technical support. The company operates across Portugal and Venezuela with a team of certified programmers experienced in multiple programming languages.

Differentiator

Problem solved

Functional benefit

Products and services

• OPTOL

Quantifiable outcome

• Systems handle millions of record tables with optimized performance
• +1 more outcomes

Named customers14 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability3 records

Feature6 records

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Endava: U.K.-headquartered technology services firm with significant nearshore delivery across the Americas (including Colombia and Argentina); comparable in offering custom software, legacy modernization (.NET/Java), and enterprise integrations.
• Globant: Large publicly listed Latin American IT services and digital transformation company with global delivery; overlaps directly with FM Solutions on custom software, integrations, and vertical digital products but at vastly greater scale and brand recognition.
• Thoughtworks: Global custom software and digital transformation consultancy with .NET/Java stacks and legacy modernization practices; comparable to FM Solutions' core custom-delivery and integration offerings, though operating at much larger scale.
• Stefanini Group: Brazil-headquartered global IT services and custom software provider with strong presence in Latin America and Europe (including Iberia); overlaps with FM Solutions on custom development, integrations, and vertical digital products.

Direct peers

• Softtek: Mexico-based IT services firm with deep Latin American delivery centers and a long history of custom software, legacy modernization, and bilingual nearshore delivery to U.S. and European clients — directly comparable to FM Solutions' custom development and integration model serving LatAm and Iberia.
• BairesDev: Argentina-rooted custom software development and staff augmentation company serving primarily the U.S. market; comparable in being a nearshore, multi-stack (.NET, Java, PHP, mobile) delivery firm with SMB-to-enterprise clients, though operating at substantially greater scale.
• CI&T: Brazilian digital and custom software engineering firm with global delivery and strong enterprise integration experience; comparable to FM Solutions in custom development across multiple stacks, vertical software offerings, and large-scale enterprise integration projects.
• Epidata: Argentine custom software development and consulting firm offering .NET, Java, and mobile solutions with nearshore delivery to the U.S. and LatAm — comparable in being a mid-sized regional custom-dev shop rather than a global integrator.

Regional players

• Itera: European digital consultancy (Norway-headquartered) with custom development and integration practices across multiple verticals; comparable in being a mid-sized European-rooted custom software firm, even though its primary geography is Nordic/Benelux rather than Iberia or LatAm.

Others

• Tata Consultancy Services (TCS): Global IT services incumbent offering application development, legacy modernization, and enterprise integration at massive scale; adjacent rather than directly comparable to FM Solutions, but a relevant benchmark for capability and an indirect competitor on mid-market deals.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/fmsolutionsgroup
• LinkedInlinkedin.com/company/fm-solutions-group-pty-ltd

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 FM Solutions Group