Simetrik Raises $24M Series A Financing

March 24, 2022Client News

Gunderson Dettmer represented client Simetrik, a Colombia-based data reconciliation platform, in its $24 million Series A financing led by FinTech Collective with participation from Tiger Global, Moore Capital, Cometa, and Monashees. Simetrik’s software provides automated reconciliation through a no-code offering system for financial teams that have a high transactions and reports. The new capital will be used towards scaling the company’s teams.

In the announcement of the transaction, Co-founder and CEO of Simetrik Alejandro Casas said, “Within companies, reports that travel from one place to another are always being exchanged. Our platform reconciles internal records, giving visibility to what is happening in accounts, in something we call reconciliation as a service. Whoever uses our tool has access to raw data and to configure their reconciliation processes to their own standards.”

The Gunderson deal team was led by Dan Green and Brian Willbur, and included Nicole Blansett, Nathalya Zara, and Jamilah Mena.

FinTech Collective
Tiger Global
Moore Capital