What is Simetrik?
Simetrik operates as a Business-to-Business Software-as-a-Service (SaaS) provider, specializing in automating critical financial processes for businesses. Its AI-driven platform is engineered to manage the complexities of modern financial ecosystems, offering robust solutions for reconciliation, compliance, and transactional oversight. By intelligently matching transactions from diverse sources and standardizing data, Simetrik enables continuous, real-time financial control. The company's global reach, extending to over 40 countries, positions it as a key player in reducing financial risk, improving operational margins, and transforming financial operations into a strategic asset for its clients.
How much funding has Simetrik raised?
Simetrik has raised a total of $106.7M across 3 funding rounds:
Unspecified
$1.7M
Series A
$20M
Series B
$85M
Unspecified (2019): $1.7M with participation from Mercado Libre
Series A (2022): $20M led by Tiger Global Management, FinTech Collective, and Moore Strategic Ventures
Series B (2025): $85M supported by FinTech Collective, Monashee Capital, Cometa, Goldman Sachs, Upload Ventures, and Moore Capital Management
Key Investors in Simetrik
FinTech Collective
FinTech Collective is a venture capital firm that partners with visionary founders aiming to reshape financial markets. The firm focuses on supporting creators who are reimagining the flow of money through innovative technology and operational strategies.
Monashee Capital
Monashee Capital Corp. is a corporate finance and advisory firm focused on private companies. The firm advises business owners on corporate strategy, succession planning, board governance, mergers and acquisitions, divestitures, and capital raising.
Cometa
Cometa (Variv Capital) is a Venture Capital firm investing in early-stage technology companies serving Spanish-speaking markets. Cometa's portfolio companies include Guros, Bitso, Cabify, Welcome Tech, iVoy, Conekta, Kueski, Gaia, among others.
What's next for Simetrik?
The substantial enterprise-level funding, particularly the recent strategic investment, signals Simetrik's transition into a scaling phase. This capital infusion is expected to accelerate product development, expand market reach, and enhance its AI capabilities. The company is likely to focus on solidifying its position in existing markets and exploring new geographical territories. Strategic partnerships and further technological advancements in financial automation and control will be crucial for Simetrik as it aims to further solidify its competitive advantage and drive innovation in the fintech sector.
See full Simetrik company page
