Simetrik offers a no-code, agentic-AI reconciliation platform that matches transactions from any source, standardizes data for reporting and AI use, and provides real-time oversight and exception alerts. The platform processes more than one billion records per day across 40+ countries and automates 100% of reconciliation workflows. Simetrik’s product is designed to shorten monthly closes, export AI-ready data for forecasting and risk modeling, and keep customers audit-ready without writing code. The company says its customer base includes Santander Group, Sephora, Mercado Libre, Nubank, Stax Payments, and others, and it partners with firms such as Deloitte. Simetrik reports 100% year-over-year revenue growth, which the company attributes to adoption in highly regulated, high-volume payments markets. Management plans to accelerate expansion in the U.S. and other fast-growing markets with the new funding. Simetrik develops financial automation software for CFOs centered on record centralization, reconciliations, controls, reporting and accounting. The company differentiates via Simetrik Building Blocks (SBBs), scalable no-code concepts that leverage generative AI. It moved away from an orchestration platform to focus exclusively on software for finance teams. Simetrik counts customers including Rappi, Mercado Libre, Nubank, Oxxo and PayU, and partners with firms such as Deloitte, while expanding into India and Singapore. Operational metrics improved materially: it now has clients in more than 35 countries, monitors over 200 million records daily (up from 70 million) and has seen revenue grow fourfold since its Series A. The company plans to use new funding to further develop SBBs, enhance AI capabilities and continue international expansion. Simetrik provides a no-code infrastructure that automates reconciliation for finance teams, delivering real-time visibility, traceability and cleaned financial data. The platform is offered as a service and lets finance teams configure a big-data backend via a spreadsheet-like interface without relying on engineering. Simetrik recently added a payment methods orchestrator to let payment services connect directly to multiple payment rails, shortening integration time and cost. The company says it has reconciled $75 billion of TPV per year over the past two years, serves 45 clients across 10 countries and processes transactions in 25 countries, including customers such as Rappi, Mercado Libre, Bancolombia, Clip, Ualá, DLocal, Nubank, Oxxo and PayU. It has been growing ~20% month-over-month over the past year and expects to finish the year with about $10 million in annual recurring revenue. Simetrik is investing heavily in product (over 45% of revenue and funding) and has scaled headcount from 72 employees a year ago to nearly 200, with plans to hire 100 more and expand into EMEA and APAC.

Total raised

$109M

Funding rounds

4

Latest round

Series B

Latest activity

Jun 2025