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Simetrik logo — Total Financial Control & Automation

Simetrik

Total Financial Control & Automation

Founded 2017 Colombia San Francisco, Colombia 418 employees Series B Total: $88.80M Financial Services, Fintech +1

General Information

Company Name Simetrik
Founded Year 2017
Location Colombia San Francisco, Colombia
Founders / Decision Makers
Team member Team member
Employees 418
Industries Financial Services, Fintech, Payments
Funding Stage Series B
Social

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About Simetrik

Simetrik is a Colombia-based startup founded in 2018 that offers a no-code SaaS tool for financial control automation. With the slogan "We are No-code SaaS tool for financial control automation. Automate, scale and optimize financial operations," the company aims to streamline and optimize financial and operational reconciliation processes.

Simetrik's solution provides a balance between flexibility and robustness, resulting in a "detailed single source of truth" used for Controlling, Reporting, Business Intelligence, and Accounting within the Financial Services, Fintech, and Payments industries.

The startup recently secured a significant $55.00M Series B investment on 21 February 2024. The round was backed by notable investors including FinTech Collective, FJ Labs, Endeavor Catalyst, Falabella Ventures, Goldman Sachs Asset Management, Moore Strategic Ventures, COMETA, Mercado Libre Fund, and Actyus.

Simetrik's innovative approach to financial control automation and impressive investor backing position the startup for further growth and impact in the financial technology sector.

Business keywords: No-code, Financial control automation, Data quality, Reconciliation, Data consistency, Business intelligence, Accounting, Automatización financiera

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $55.00M 9
FinTech Collective FJ Labs Endeavor Catalyst
FinTech Collective, FJ Labs +7
21 Feb 2024
Series A $4.50M 1
FJ Labs
FJ Labs
24 Feb 2023
Series A $20.00M 9
FinTech Collective FJ Labs Global Founders Capital
FinTech Collective, FJ Labs +7
24 Mar 2022
Debt Financing $4.00M -
24 Mar 2022
Seed Round $3.10M 5
Y Combinator Global Founders Capital Monashees
Y Combinator, Global Founders Capital +3
03 May 2021
Pre Seed Round $300.00K 2
Liquid 2 Ventures Mercado Libre Fund
Liquid 2 Ventures, Mercado Libre Fund
04 Nov 2019
Pre Seed Round $1.90M 5
Y Combinator Global Founders Capital Liquid 2 Ventures
Y Combinator, Global Founders Capital +3
27 Aug 2019
Pre Seed Round Undisclosed 1
Y Combinator
Y Combinator
22 Mar 2018

Simetrik Alternatives & Competitors

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Simetrik vs
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Simetrik vs
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FAQ About Simetrik

Total Financial Control & Automation
Simetrik was founded in 2017.
Simetrik is headquartered in San Francisco, Colombia.
Simetrik operates in Financial Services, Fintech and Payments. Its work centres on No-code, Financial control automation, Data quality and Reconciliation.
Simetrik has approximately 418 employees.
Simetrik has completed 8 funding rounds, raising a total of $88.80M. The latest funding stage is Series B.
Top alternatives and competitors to Simetrik include Cointab, FamilyBiz, Serrala, Fundipedia, Valid8 Financial. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Simetrik and Cointab are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Simetrik, https://bouncewatch.com/company/simetrik, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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