Simetrik, a Bogotà, Colombia-based B2B financial solutions platform, raised $55M in Series B funding.
The round was led by Growth Equity at Goldman Sachs Asset Management. Other investors joining this round included FinTech Collective, which led the Series A, and Cometa, who led the seed round, Falabella Ventures, Endeavor Catalyst, Actyus, Moore Strategic Ventures, Mercado Libre Fund, and the co-founders of Vtex.
The company intends to use the funds to further enhance its AI capabilities and expand globally.
Led by Alejandro Casas, CEO, and Santiago Gómez, COO, Simetrik has developed solutions to simplify and automate financial tasks like record centralization, reconciliations, controls, reporting, and accounting. Its products are based on Simetrik Building Blocks (SBBs), a concept based on no-code development and generative AI technologies.
The company’s global footprint spans over 35 countries, monitoring over 200 million records daily, including in key Asian markets such as India and Singapore. The clients base includes large companies such as PayU, Mercado Libre, Rappi, PagSeguro, Falabella, Oxxo, Itaú, and Nubank, and partnerships with firms like Deloitte.
FinSMEs
22/02/2024