Simetrik Raises $55 Million in Series B

by Kay Aloha Villamor in February 23rd, 2024

Simetrik, a Bogotà, Colombia-based B2B financial solutions startup, has raised $55 million in Series B funding, bringing its total raised to over $85 million to date.   

SaaS Investors  

Led by Goldman Sachs Asset Management, and joined by Series A lead FinTech Collective, and Cometa, a seed investor, Falabella Ventures, Endeavor Catalyst, Actyus, Moore Strategic Ventures, Mercado Libre Fund, and the co-founders of Vtex.   

Goldman Sachs Asset Management is an asset management firm bringing together traditional and alternative investments, they provide clients around the world with a dedicated partnership and focus on long-term performance.  

Simetrik Use of Funds  

The new funds will support further development of SBBs, AI enhancements, and international expansion, addressing the increasing need for automated financial processes in an evolving fintech landscape.  

About Simetrik  

Founded in 2014 by Santiago Gomez and Alejandro Casas Caro, Simetrik is a fintech startup delivering control and visibility over your company's financial transactions through automatic reconciliation. Simetrik focuses on financial automation technology, leveraging Simetrik Building Blocks (SBBs) based on no-code development and generative AI. The company serves clients in over 35 countries and monitors 200 million records daily. The company is headquartered in Bogotá, Colombia.  

Funding Details  

Company: Simetrik, Inc.  

Raised: $55.0M     

Round: Series B  

Funding Month: February 2024                   

Lead Investors: Goldman Sachs Asset Management  

Additional Investors: FinTech Collective, Cometa, Falabella Ventures, Endeavor Catalyst, Actyus, Moore Strategic Ventures, Mercado Libre Fund  

Company Website:   

Software Category: Financial  


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