Goldman Sachs bets on automation tech for CFOs

Two years following a $20 million Series A, Simetrik has raised $55 million in Series B funding, led by Goldman Sachs Asset Management. This Colombia-based startup is enhancing B2B financial solutions with its no-code, AI-driven Simetrik Building Blocks. The funding boosts Simetrik’s total investment to over $85 million. Since 2022, Simetrik expanded its client base to over 35 countries and now monitors over 200 million records daily, marking significant growth from 70 million. Revenue quadrupled post-Series A, reflecting the company’s upward trajectory and innovation in financial automation for CFOs.