Simetrik Raises $85M in Series B to Power AI-Driven No-Code Financial Automation

Simetrik is excited to announce a major milestone in its journey of transforming financial operations—an impressive funding round of $85,000,000 has been successfully completed. This significant capital injection underscores the market’s belief in Simetrik’s innovative approach as a SaaS company powered by advanced AI technologies. The fresh infusion of funds will be pivotal in scaling the company’s reach and accelerating its mission to simplify and revolutionize the complex world of operational control and close management. By leveraging its groundbreaking No Code platform, Simetrik provides organizations with a unique edge, seamlessly automating intricate financial processes and significantly reducing operational effort. The capital raised will further enable Simetrik to bolster its product development efforts and expand its suite of automation solutions, aimed at increasing financial efficiency for enterprises across industries. In addition to augmenting its technology offerings, Simetrik plans to invest in building a stronger global presence by expanding its sales and support teams, while capitalizing on emerging market opportunities. This funding milestone not only reinforces the company’s commitment to continuous innovation but also reflects the leadership team’s relentless drive to make financial operations more agile and data-driven. With a keen focus on empowering businesses to optimize their control mechanisms and improve close management practices, Simetrik is well-positioned to deliver transformational results. As the company embarks on this exciting next chapter, all eyes are on its forward-thinking strategies that promise to redefine how organizations manage financial operations, setting new benchmarks in efficiency and operational excellence.