- Simetrik is a financial operations automation platform that leverages AI to streamline transaction reconciliation and enhance operational efficiency for global enterprises.
- In 2025, Simetrik raised an additional $30 million in funding, bringing its Series B total to $85 million, led by Goldman Sachs Alternatives, to support expansion into the U.S. and other regulated markets.
- The platform processes over one billion records daily across 40+ countries, serving finance teams in large enterprises that require robust reconciliation and compliance solutions.
- Simetrik's ideal buyers are finance and operations leaders in large organizations facing challenges with transaction complexity and manual reconciliation processes, making it a timely solution as businesses seek to enhance financial oversight and efficiency.
Simetrik's workforce is organized across 12 departments, with Engineering leading at 33 employees, followed closely by Information Technology with 28. Sales and Operations contribute to the operational backbone with 16 and 15 employees, respectively. The functional balance appears strong, as the company maintains a diverse range of departments, including Community and Social Services, Human Resources, and Education, which collectively support the company's mission and objectives.
The company's workforce is distributed across six locations, with the majority of employees categorized under 'Other' at 132. Notable individual locations include New York, Woodland Hills, Memphis, and Santa Clara, each contributing one employee. This distribution suggests a significant remote or distributed work model, reflecting a modern approach to geographic flexibility while maintaining a concentrated presence in key markets.