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Goldman Sachs leads an $85M Series B for Simetrik to accelerate its U.S. expansion.

Jun 04, 20257 months ago

Amount Raised

$85 Million

Round Type

series b

San FranciscoSoftware

Investors

Goldman Sachs

Description

Simetrik, an AI reconciliation platform, announced an additional $30 million investment led by Goldman Sachs, bringing its Series B total to $85 million. This funding will support the company's growth in the U.S. market and other regulated environments. The platform automates reconciliation processes and handles over one billion records daily

Company Information

Company

Simetrik

Location

San Francisco, California, United States

About

Simetrik is a SaaS company, powered by AI, that optimizes operational control and close management through automation. Our No Code platform increases financial efficiency and reduces operational effort.

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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