Simetrik

Simetrik is an AI-powered financial reconciliation platform that automates transaction matching, compliance workflows, and financial control processes for enterprise-scale organizations. Founded in 2019 by Alejandro Casas and Santiago Gómez following a pivotal project with Latin American unicorn Rappi, the company is headquartered in San Francisco, California, with operations across multiple countries including Colombia, Brazil, and Mexico. The company offers a no-code SaaS solution that enables finance operations teams, accounting departments, and financial planning and analysis professionals to automate key financial tasks including record centralization, reconciliation, controls, reporting, and accounting. The platform leverages agentic AI technology to process more than one billion records daily across over 40 countries, automatically reconciling multi-way transaction data and aligning it with journal entries and operational balances. Simetrik's technology addresses the limitations of traditional ERP systems and manual spreadsheet-based processes that struggle with modern payment complexity and high transaction volumes. The platform provides real-time exception alerts, automated resolution workflows, audit-ready compliance documentation, and enables users to deploy sophisticated automation without engineering resources. The company serves over 100 clients globally including major corporations such as Mercado Libre, Nubank, Rappi, PayU, Oxxo, Itaú, PagSeguro, Falabella, Santander Group, and Sephora. In Mexico specifically, clients include Oxxo, Femsa, Spin by Oxxo, Monex, and Soriana. Simetrik has raised $85 million in Series B funding led by Goldman Sachs Alternatives, with participation from FinTech Collective, Cometa, Falabella Ventures, and others. The company has established strategic partnerships with firms including Deloitte and was recognized by the Financial Times as one of the fastest-growing companies in the Americas for 2025.