Simetrik Revenue, Valuation, Funding & Investors
Simetrik is valued at $100M as of March 2022, a 10.0x multiple on its last reported $10M revenue.
Last Simetrik valuation
$100M
Series A · Mar 2022
Last Simetrik funding round
$30M
Series B · Jun 2025
Simetrik revenue
$10M
Series A · Mar 2022
Key investors in Simetrik
MONASHEES
FinTech Collective
Cometa
Mercado Libre Fund
Y Combinator
FJ Labs
About Simetrik
Simetrik is a no-code reconciliation automation platform processing 75 billion dollars in transaction volume annually across 28 countries. It serves fintech leaders including Mercado Pago, NuBank, Bancolombia, Rappi Bank, DLocal, and Clip, enabling finance teams to handle diverse high-volume data with compliance controls from its Latin America base.
Founded
2017
HQ
San Francisco, CAWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$10M (Mar 2022)
Valuation
$100M (Mar 2022)
Simetrik Valuation
Simetrik is currently valued at $100M, based on its Series A in March 2022. Read the announcement ↗
The $20M round was led by FinTech Collective, with participation from Amador Holdings.
Simetrik valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Mar 2022 | Series A | $100M | 10.0x |
Simetrik Revenue
Simetrik's latest recorded revenue is $10M, as of its Series A in March 2022. At a $100M valuation, that implies a 10.0x revenue multiple.
Simetrik revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Mar 2022 | $10M | $100M | 10.0x | Series A |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Simetrik Funding History
Simetrik has raised a total of $115M across 7 funding rounds.
Simetrik's first fundraising round was a $2M pre-seed round in August 2019. The most recent completed round was a $30M Series B in June 2025.
Simetrik funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2025 | Series B | Goldman Sachs Asset Management (lead); Cometa; FinTech Collective; Upload Ventures; Moore Capital; MONASHEES | $30M | - | Simetrik is an AI-driven financial reconciliation platform founded in 2019 and headquartered in Bogotá, Colombia, that automates complex reconciliation processes, standardizes financial data, and ensures compliance across millions of transactions. The company's solutions are based on generative AI and a no-code development framework called Simetrik Building Blocks (SBBs), enabling enterprises to streamline financial operations including account reconciliation, record consolidation, accounting task management, and report generation. In June 2025, Simetrik announced an additional $30 million Series B follow-on investment led by Growth Equity at Goldman Sachs Alternatives, bringing the total Series B round to $85 million. The round also included participation from Cometa, FinTech Collective, Moore Capital Management, Monashees, and Upload Ventures. The company previously raised a $55 million Series B tranche in February 2024, also led by Goldman Sachs, and a $24 million Series A in 2022. Simetrik's customer base includes major financial services and payment companies such as Santander Group, Mercado Libre, Nubank, PayU, Itaú, Rappi, and Oxxo, as well as strategic partnerships with Deloitte. As of mid-2025, the company reported 100% year-over-year revenue growth and was processing over one billion records daily across more than 40 countries, demonstrating significant traction in highly regulated financial markets globally. |
| Feb 2024 | Series B | Goldman Sachs Asset Management (lead); Cometa; FJ Labs; Falabella Ventures; FinTech Collective; Mercado Libre Fund; Actyus; Endeavor Catalyst; SignalRank; Moore Strategic Ventures | $55M | - | Simetrik is a Colombia-based B2B SaaS fintech providing financial automation technology focused on record centralization, reconciliations, controls, reporting, and accounting, powered by Simetrik Building Blocks (SBBs) using no-code development and generative AI. The company serves major clients including Mercado Libre, Rappi, Nubank, PayU, PagSeguro, Falabella, Oxxo, Itaú, and partners with Deloitte, operating in over 35 countries and processing over 200 million records daily as of February 2024. In February 2024, Simetrik raised $55 million in a Series B round led by Goldman Sachs Asset Management, with participation from Cometa (seed lead), FinTech Collective (Series A lead), Falabella Ventures, Endeavor Catalyst, Actyus, Moore Strategic Ventures, Mercado Libre Fund, and Vtex co-founders. This brought total funding to over $85 million, following a $20 million Series A in 2022 at over $100 million valuation, with the Series B described as an up round but specifics undisclosed. Funds are allocated to enhance SBBs with advanced AI, drive global expansion targeting payment companies and marketplaces, and boost international presence including Asia. By the Series B, Simetrik had grown from 10 to over 35 countries, increased daily record monitoring from 70 million to over 200 million, and achieved four times revenue growth since Series A, though exact figures not disclosed. The round underscores investor confidence in its automation for CFOs amid evolving financial operations. Later in 2024 or 2025, Simetrik announced a $30 million Series B extension led by Goldman Sachs Alternatives, bringing the total Series B to $85 million, supporting US expansion and high-regulated markets, with additional participants like Monashees and Upload Ventures. This follow-on validates demand for its AI reconciliation platform amid 100% year-over-year revenue growth. |
| Feb 2023 | Series A | FJ Labs | $5M | - | - |
| Mar 2022 | Series A | FinTech Collective (lead); Amador Holdings | $20M | $100M | Simetrik is a Colombian fintech founded in 2019 by Alejandro Casas and Santiago Gomez, providing a no-code payments infrastructure and data reconciliation platform that automates financial operations like account reconciliation, record consolidation, accounting tasks, and reporting for high-volume transaction environments. It pivoted from an e-commerce company called Ropeo out of Y Combinator W18 and serves clients including Mercado Libre, Rappi, PayU, Nubank, Itaú, Falabella, Oxxo, PagSeguro, Stax Payments, Santander Group, Sephora, and Possible Finance, processing over 200 million records daily across more than 35 countries. The platform uses generative AI and Simetrik Building Blocks (SBBs) for financial automation and payment orchestration, enabling finance teams to configure big data backends independently of tech teams. In March 2022, Simetrik raised a $20-24 million Series A round led by FinTech Collective, with participation from Tiger Global, Moore Strategic Ventures (or Moore Capital), Cometa, Monashees, Fen Ventures, Clocktower Ventures, GFC, MercadoLibre Fund, Rallycap Ventures, Amador Holdings, FJ Labs, Wayra, Simma Capital, and angels like Addi CEO Santiago Suarez and Plaid's Jason Pate. The round valued the company at $100M+ post-money, with an additional $4 million in venture debt, bringing total funding to $29.3 million. Funds were allocated to key hires, product development (over 45% of revenue and funding), consolidating LatAm leadership, and expanding into Europe, Middle East, Africa, and Asia Pacific. At the time, Simetrik reported 20% month-over-month growth, expected to reach $10 million in annual recurring revenue by year-end 2022, and had already reconciled $150 billion in payment volume across 22 countries since launch. FinTech Collective's Carlos Alonso Torras joined the board, citing the team's focus and tenacity. Post-Series A, Simetrik continued rapid growth: revenue quadrupled by 2024, daily transactions rose from 70 million to over 200 million, and it secured partnerships like Deloitte. This led to a $55 million Series B in February 2024 led by Goldman Sachs Asset Management (participating backers included FinTech Collective), followed by an additional $30 million in June 2025, totaling $85 million Series B and $115.85 million overall across 8 rounds. |
| May 2021 | Seed | Cometa (lead); Y Combinator; Global Founders Capital; Mercado Libre Fund; MONASHEES | $3M | - | Simetrik is a Colombian B2B SaaS platform providing finance automation tools for enterprise and SME clients, focusing on automatic financial reconciliation, transaction error detection, and real-time cash flow snapshots using proprietary algorithms. The company operates in Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Uruguay, serving clients such as Mercado Libre, Rappi, Clip, Homecenter, Toyota, and Frubana. In April 2021, Cometa (formerly Variv Capital) led Simetrik's $5 million USD seed round, marking the debut investment for Cometa III fund, with participation from existing investors Y Combinator, Global Founders Capital, Monashees, and Mercado Libre. This followed an undisclosed round led by Monashees in 2019. Simetrik planned to use the funds to automate and control finances for more businesses across Latin America. |
| Nov 2019 | Pre-seed | Mercado Libre Fund (lead); Liquid 2 Ventures | $300K | - | - |
| Aug 2019 | Pre-seed | Y Combinator; Liquid 2 Ventures; Global Founders Capital; Alpha4 Ventures; MONASHEES | $2M | - | - |
Who has invested in Simetrik?
18 investors have backed Simetrik across its funding rounds, including MONASHEES, FinTech Collective, Cometa, Mercado Libre Fund, Y Combinator and FJ Labs.
Lead investors include Goldman Sachs Asset Management, FinTech Collective, Cometa and Mercado Libre Fund.
Simetrik Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 Mexico City | 3 | Lead | May 2021 | |
| New York City, NY | 3 | Lead | Mar 2022 | |
 Buenos Aires | 3 | Lead | Nov 2019 | |
 São Paulo | 3 | Participant | Aug 2019 | |
| San Francisco, CA | 2 | Participant | Aug 2019 | |
| San Francisco, CA | 2 | Participant | Aug 2019 | |
| New York City, NY | 2 | Participant | Feb 2023 | |
 Berlin | 2 | Participant | Aug 2019 | |
| New York City, NY | 2 | Lead | Feb 2024 | |
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>){kind=small} Falabella Ventures |  Santiago | 1 | Participant | Feb 2024 |
 Panama City | 1 | Participant | Mar 2022 | |
 Madrid | 1 | Participant | Feb 2024 | |
| New York City, NY | 1 | Participant | Feb 2024 | |
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Start Free TrialSimetrik Competitors
Simetrik competitors include listed companies like Arab Sea and Unicommerce, and private ones like dltledgers, indiagold, LogiNext and satschel.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 Singapore | Private | - | - | $100M | - | |
 Gurgaon | Private | - | - | $100M | - | |
| Jersey City, NJ | Private | - | - | $100M | - | |
| San Francisco, CA | Private | - | - | $100M | - | |
 Saudi Arabia | Publicly listed | $14M | ($608K) | $97M | - | |
| India | Publicly listed | $21M | $4M | $99M | 4.1x |
Simetrik Public Comps
Simetrik is still privately-owned, but its public comps include Unicommerce, Spectra Systems, Roadzen, Arab Sea, wrkr, CSU Digital, Xp Industrial FII, RS2, Matica Fintec and Stakk.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $21M | $4M | 4.4x | 4.1x | 24.4x | 26.0x | |||
| $64M | $30M | 1.5x | 1.5x | 3.2x | - | |||
| $55M | ($14M) | 2.4x | 2.0x | (9.9x) | (145.0x) | |||
| $14M | ($608K) | 7.9x | - | (183.4x) | - | |||
| $10M | ($6M) | 9.3x | 6.7x | (13.7x) | (31.3x) | |||
| $121M | $35M | 1.0x | - | 3.6x | - | |||
| $9M | - | 10.0x | - | - | - | |||
| $46M | $5M | 2.0x | - | 19.5x | - | |||
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Common questions about Simetrik
| When was Simetrik founded? | Simetrik was founded in 2017. |
| Where is Simetrik headquartered? | Simetrik is headquartered in San Francisco, CA, United States. |
| Is Simetrik publicly listed? | No, Simetrik is a private, VC-backed company. |
| What is Simetrik's valuation? | Simetrik was last valued at $100M in its Series A in March 2022. |
| How much funding has Simetrik raised? | Simetrik has raised $115M across 7 funding rounds. |
| What was Simetrik's last funding round? | Simetrik's last funding round was a $30M Series B in June 2025, led by Goldman Sachs Asset Management. |
| Who are Simetrik's investors? | Simetrik's investors include Cometa, FinTech Collective, Mercado Libre Fund, MONASHEES, Y Combinator, Liquid 2 Ventures, FJ Labs, Global Founders Capital, Goldman Sachs Asset Management, Falabella Ventures and 8 others. |
| What is Simetrik's revenue? | Simetrik's latest recorded revenue is $10M (March 2022). |
| What is Simetrik's revenue multiple? | Simetrik's latest valuation implies a 10.0x revenue multiple ($100M valuation on $10M of revenue). |
| Which companies are comparable to Simetrik? | Companies comparable to Simetrik include dltledgers, indiagold, LogiNext, satschel, Arab Sea and Unicommerce. |
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