Overview
SOFICO creates contract management software for the automotive finance, leasing, and mobility industries. Its main product, SOFICO Miles, handles the entire lifecycle of contracts for finance, leasing, and mobility services. The platform typically supports contract creation, pricing, amendments, renewals, and fleet or mobility management within one system and is used by providers worldwide. Unlike general contract tools, SOFICO focuses specifically on automotive finance and mobility contracts, aiming to give its customers a centralized, end-to-end solution. The company’s goal is to help automotive finance and mobility providers manage contracts more efficiently across regional and global markets.
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About SOFICO
Industries
Company Size
501-1,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Ghent, Belgium
Founded
1988
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Simplify's Take
What believers are saying
- June 2026 Vinli acquisition accelerates agentic AI and contract-intelligence offerings.
- August 2026 Cloud Foundations signals a broader cloud rollout and enterprise security push.
- Revelio data shows headcount reached 618 in March 2026, up 51.1% since 2023.
What critics are saying
- Keyloop, SAP, and OEM captive teams target the same leasing workflows with broader suites.
- If Velona fails to prove quantified savings, customers treat Sofico as a legacy CMS.
- OEM captives insource core leasing systems, shrinking Sofico’s addressable market and exit value.
What makes SOFICO unique
- Miles Enterprise runs end-to-end contract, billing, residual-value, and lifecycle workflows globally.
- Vinli’s Velona and ERA add connected-vehicle intelligence on top of contract data.
- Astorg-backed ownership funds cloud and AI modernization without forcing a platform rewrite.
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Benefits
Health Insurance
Flexible Work Hours
Hybrid Work Options
Performance Bonus
Remote Work Options
Gym Membership
Wellness Program
Commuter Benefits
Employee Discounts
Company Social Events
Growth & Insights and Company News
6 month growth
16%1 year growth
16%2 year growth
12%Sofico, a provider of contract management software for automotive finance and leasing, has acquired Vinli, a US-based automotive AI company. The acquisition accelerates Sofico's agentic AI strategy and adds an intelligence layer to its Sofico Miles platform. Vinli brings two key capabilities: Velona, which uses aggregated operational data to identify priority actions for revenue acceleration and cost savings, and ERA, a connected vehicle data platform that transforms data into actionable intelligence. These will complement Sofico Miles, which has served as the operational backbone for global automotive finance companies for over 35 years. The combined platform aims to provide proactive insights across the contract lifecycle, turning untapped data from contracts, vehicles and operations into prioritised decisions with measurable financial outcomes.
Sofico is ambitious to discover opportunities in the automotive finance, leasing, fleet, and mobility industry, as the partnership with Astorg aims to sustain long-term growth, support the growth of the dedicated workforce and bring deep software expertise.
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About SOFICO
Industries
Company Size
501-1,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Ghent, Belgium
Founded
1988
SOFICO is Hiring for 32 Jobs on Simplify!
Find jobs on Simplify and start your career today