Simetrik Revenue, Valuation, Funding & Investors
Simetrik is valued at $100M as of March 2022, a 10.0x revenue multiple. Simetrik revenue was $10M, as disclosed with its latest round.
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 8 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 (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 (lead); Galicia Ventures; Cometa; FJ Labs; Falabella Ventures; FinTech Collective; Mercado Libre Fund; Actyus; Endeavor Catalyst; SignalRank; Moore Strategic Ventures | $55M | - | Simetrik raised USD 55 million in a Series B financing announced on February 21, 2024. Goldman Sachs Asset Management led the round, joined by FinTech Collective, Cometa, Falabella Ventures, Endeavor Catalyst, Actyus, Moore Strategic Ventures, Mercado Libre Fund, FJ Labs and the co-founders of VTEX. The Colombian company provides software that centralizes financial records and automates reconciliation, controls and reporting for finance teams. It planned to use the financing to expand internationally and develop its no-code building blocks with additional artificial-intelligence capabilities. |
| 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. |
| Jan 2022 | Seed | Wayra | - | - | Wayra Hispam invested in Simetrik during 2022, according to the company's archived official portfolio page. The portfolio assigns the company to Wayra's Colombia hub. Wayra categorizes the business in its FinTech portfolio segment. 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. Wayra's portfolio profile describes the company as follows: Proveedor de infraestructura de pagos y un orquestador de plataformas de pago que permite a las companias automatizar facilmente todos sus procesos de conciliacion a traves de una solucion sin codigo, proporcionando un mayor control, flexibilidad y transparencia a los equipos financieros. |
| 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?
20 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, 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 | |
| Buenos Aires | 1 | Participant | Feb 2024 | |
 Santiago | 1 | Participant | Feb 2024 | |
 Madrid | 1 | Participant | Jan 2022 | |
 Panama City | 1 | Participant | Mar 2022 | |
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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) | $99M | - | |
| India | Publicly listed | $22M | $4M | $101M | 3.8x |
Simetrik Public Comps
Simetrik is still privately-owned, but its public comps include Roadzen, Unicommerce, Arab Sea, RS2, CSU Digital, Spectra Systems, Finger, Emro, Xp Industrial FII and AmeriTrust.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $55M | ($14M) | 2.4x | 1.9x | (9.8x) | (777.9x) | |||
| $22M | $4M | 4.2x | 3.8x | 22.9x | 22.7x | |||
| $14M | ($608K) | 8.0x | - | (186.5x) | - | |||
| $45M | $5M | 2.4x | - | 21.4x | - | |||
| $114M | $33M | 1.1x | - | 3.7x | - | |||
| $64M | $30M | 1.6x | 2.4x | 3.5x | - | |||
| $68M | $2M | 0.8x | - | 23.2x | - | |||
| $62M | $3M | 1.5x | 1.7x | 36.7x | 43.9x | |||
This data is available for Pro users. Sign up to see all Simetrik competitors and their valuation data. Start Free Trial | ||||||||
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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 8 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. |
| 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, Galicia Ventures and 10 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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