# Simetrik

**Source:** https://www.startuphub.ai/startups/simetrik
**Profile type:** Startup

> AI-powered platform for automated financial reconciliation and data validation.

## About

Simetrik provides an AI-driven platform designed to automate and streamline financial reconciliation processes. It helps businesses validate transactions, detect discrepancies, and ensure data accuracy across various financial systems, reducing manual effort and operational risk.

## Key facts

- **Slug:** simetrik
- **Website:** https://www.simetrik.co/
- **Location:** Tel Aviv, Israel
- **Founded:** 2020-01-01
- **Operating status:** Active
- **Total funding:** $30M
- **Sectors / tags:** AI Reconciliation Platform, Fintech, Payments, Financial Services, Automation, Data Validation, Reconciliation, Enterprise Software, API Platform

## Frequently asked

### What does Simetrik do?

Simetrik provides an AI-driven platform designed to automate and streamline financial reconciliation processes. It helps businesses validate transactions, detect discrepancies, and ensure data accuracy across various financial systems, reducing manual effort and operational risk.

### What is Simetrik's valuation?

StartupHub estimates Simetrik's effective valuation at $104.3M (range $75.0M to $180.0M, 17% confidence), based on comparable companies in the sector.

### How much funding has Simetrik raised?

Simetrik has raised a total of $30M in funding.

### Where is Simetrik headquartered?

Simetrik is headquartered in Tel Aviv, Israel.

### When was Simetrik founded?

Simetrik was founded in 2020.

### What industry does Simetrik operate in?

Simetrik operates in AI Reconciliation Platform, Fintech, Payments, Financial Services, Automation, Data Validation.

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