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Simetrik - About the company

Simetrik is a series B company based in Bogota (Colombia), founded in 2008 by Santiago Gomez Gonzalez and Heinz Sohm. It operates as a Provider of a platform for financial reconciliation, automation, and regulatory reporting. Simetrik has raised $114M in funding from investors like Goldman Sachs, Tiger Global Management and FinTech Collective, with a current valuation of $*****. The company has 48 active competitors, including 18 funded and 7 that have exited. Its top competitors include companies like AuditBoard, RapidRatings and Model N.

Company Details

Provider of a platform for financial reconciliation, automation, and regulatory reporting. The platform offers tools for transaction fee management, dispute resolution, and handling of foreign exchange and cryptocurrency transactions. It also supports liquidity and cash flow monitoring, merchant reporting, and fraud and risk mitigation. The platform caters to finance operations, accounting, and platform operations teams across various industries. These industries include payment service providers, marketplaces, acquirers, issuers, neobanks, banks, and retailers.
Email ID
*****@simetrik.com
Phone Number
+57 **********
Key Metrics
Founded Year
2008
Location
Bogota, Colombia
Stage
Series B
Total Funding
$114M in 7 rounds
Latest Funding Round
Post Money Valuation
$***** as on Mar 24, 2022
Ranked
Employee Count
413 as on Mar 31, 2026
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Simetrik's funding and investors

Simetrik has raised a total funding of $114M over 7 rounds. Its first funding round was on 2018. Its latest funding round was a Series B round on Jun 04, 2025 for $*****. 6 investors participated in its latest round. Simetrik has 25 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Simetrik:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 04, 2025
9411744
Series B
5719077
5689404
5441645
5387323
Nov 05, 2024
6117906
Series B
8961719
4836184
2103277
8656472
Feb 21, 2024
7996422
Series B
4334261
1346190
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Simetrik's founders and board of directors

Founder? Claim Profile
The founders of Simetrik are Santiago Gomez Gonzalez and Heinz Sohm.
Here are the details of Simetrik's key team members:

Simetrik's employee count trend

Simetrik has 413 employees as of Mar 26. Here is Simetrik's employee count trend over the years:
Employee count trend for Simetrik
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Simetrik's Competitors and alternates

Top competitors of Simetrik include AuditBoard, RapidRatings and Model N. Here is the list of Top 10 competitors of Simetrik, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for AuditBoard
AuditBoard
2014, Cerritos (United States), Acquired
Provider of audit, compliance, and risk management software platform
$43.6M
72/100
2nd
Logo for RapidRatings
RapidRatings
2002, New York City (United States), Series C
Cloud-based solution for vendor risk management
$255M
69/100
3rd
Logo for Model N
Model N
1999, San Mateo (United States), Acquired
Provider of cloud-based software for revenue management and compliance solutions
$37M
68/100
4th
Logo for Simetrik
Simetrik
2008, Bogota (Colombia), Series B
Provider of a platform for financial reconciliation, automation, and regulatory reporting
$114M
64/100
5th
Logo for FloQast
FloQast
2013, Los Angeles (United States), Series E
Provider of accounting workflow automation and compliance management software solutions
$292M
59/100
6th
Logo for ProcessUnity
ProcessUnity
2003, Concord (United States), Acquired
Vendor risk management solutions for businesses & financial institutions
$69.6M
59/100
7th
Logo for Clearwater
Clearwater
2004, Boise (United States), Public
Provider of investment management platform unifying front, middle, and back office
$8M
58/100
8th
Logo for Venminder
Venminder
2001, Elizabethtown (United States), Acquired
Provider of third-party risk management software and due diligence solutions
$45.6M
56/100
9th
Logo for Stavtar Solutions
Stavtar Solutions
2017, New York City (United States), Series A
Provider of software automating business spend and expense allocation for firms
$60.3M
55/100
10th
Logo for Cashflo
Cashflo
2019, Mumbai (India), Series B
Provider of AP automation, payments, compliance, and vendor management software
$12.8M
51/100
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Simetrik's Investments and acquisitions

Simetrik has made no investments or acquisitions yet.

Reports related to Simetrik

Here is the latest report on Simetrik's sector:

News related to Simetrik

lockFilter this list
Media has covered Simetrik for a total of 2 events in the last 1 year.
Simetrik’s $55 Million Series B Financing RoundGlobal Legal ChronicleMar 06, 2024Simetrik
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