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LatAm's Simetrik raises $55 million in Goldman Sachs-led funding round

Feb 21, 2024over 1 year ago

Amount Raised

$55 Million

Round Type

series b

BogotáFinancial ServicesSoftware

Investors

Mercado Libre FundEndeavor CatalystFalabella VenturesGoldman Sachs

Description

LatAm's Simetrik raises $55 million in a Goldman Sachs-led funding round to boost activity beyond the region.

Company Information

Company

Simetrik

Location

Bogotá, Bogotá, Colombia

About

Simetrik is the SaaS and no code solution that offers the right balance between flexibility and robustness for the financial and operational reconciliation process automation. The result is a "detailed single source of truth"​ used for Controlling, Reporting, Business Intelligence and Accounting.

FundzWatch™ Score

87
Medium Activity

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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