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Simetrik raises $30m in Series B funding

New York based reconciliation platform for finance teams raised $30m in Series B funding led by Goldman Sachs.

“Simetrik combines AI and no-code configurability to solve mission-critical reconciliation and compliance challenges,” said Hillel Moerman, a Partner at Growth Equity at Goldman Sachs Alternatives who has joined Simetrik’s board. “Since partnering last year, the team has consistently exceeded its plans. We’re thrilled to deepen our investment and back their next phase of innovation and expansion into new markets like the U.S. while they continue to accelerate in high growth markets like Brazil.”

Tags

payments, software, ai, reconciliation, finops, cfo stack