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Simetrik
AddedMar 22, 2024
UpdatedJul 3, 2026
Simetrik

Simetrik

Series B

Simetrik: Data integrity and reconciliation software for financial data management in Latam.

HQ
Bogotá, Bogotá, CO
Founded
2018
Accelerator
Y Combinator logoY CombinatorW18
Overview
Compare
Fundraising
Employees
Website

Simetrik was founded with the core mission of enhancing financial data integrity and reconciliation for businesses in Latin America. The company offers a no-code, AI-powered platform designed to empower FinOps, accounting, and FP&A teams by automating the extraction, reconciliation, and traceability of financial data from various external sources such as banks and payment gateways. Simetrik's services aim to streamline financial operations, improve cash flow management, and provide strategic insights through robust data management solutions.

Notable clients include Rappi, where Simetrik's technology has shifted the financial team's focus from manual data reconciliation to strategic analysis. The company has garnered trust from several major organizations, demonstrating its impact on the financial operations landscape in Latin America. By leveraging cutting-edge AI and no-code technology, Simetrik has achieved significant milestones in automating complex financial processes, thereby contributing to more efficient and strategic financial management for its users.

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Simetrik - Quick Facts

Who are Simetrik's competitors?

Companies similar to Simetrik include Modern Treasury, digiventures, Pluggy and Conta Simples.

When was Simetrik founded?

Simetrik was founded in 2018.

Where is Simetrik's headquarters located?

Simetrik's headquarters is located in Bogotá, Bogotá, CO.

When was Simetrik's last funding round?

Simetrik's most recent funding round was for $55M (USD) in February 2024.

How much has Simetrik raised to-date?

As of Feb 21, 2024, Simetrik has raised a total of $84.1M (USD).

How many employees does Simetrik have?

Simetrik has 175 employees as of Feb 24, 2024.

Simetrik - Classification

Ownership
  • Venture Capital
Technology
  • AI
Geographic Exposure
  • Latin America
Revenue
  • Recurring
  • SaaS
Customer
  • Enterprise
Main Product
  • Financial Data
Tags
  • Fintech
NAICS
  • 520000Finance and Insurance
SIC
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 6280Services Allied With The Exchange Of Securities Or Commodities
  • 6282Investment Advice
Show 7 more industry codes
NAICS
  • 522000Credit Intermediation and Related Activities
  • 522300Activities Related to Credit Intermediation
  • 522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
  • 6000Depository Institutions
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 8740Management And Public Relations Services
  • 8742Management Consulting Services