# Symmetrical.ai

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/symmetrical-ai

- Industry: Financial Services
- Headquarters: Warsaw, Poland
- Website: www.symmetrical.ai
- Total disclosed funding: $20M
- Latest round: Series A (Apr 28, 2022)
- Investors on record: 8

## About

Symmetrical.ai Limited is a technology company focusing on innovating HR and payroll solutions to automate manual tasks, enhancing operational efficiency for businesses of various sizes.Founded in 2019 in Warsaw, Poland, Symmetrical.ai Limited specializes in HR and payroll automation. The company was co-founded by Daniel Wartolowski, Fabrizio Terranova, and Piotr Smolen. It has successfully completed 5 funding deals, with the latest investment round being a Series A on April 28, 2022, where it raised USD 18.5 mn led by Target Global and supported by investors such as Finch Capital and Global Founders Capital. The total amount raised by the company to date stands at USD 18.5 mn.Symmetrical.ai provides a comprehensive suite of HR and payroll solutions designed to automate manual and repetitive tasks, enhancing business efficiency. Their digital HR platform allows users quick access to employee information, simplifies contract signing, and automates HR processes like onboarding and leave management. Catering to businesses of all sizes, from small firms to large enterprises, the platform integrates modern technology with HR expertise, ensuring timely updates on payroll compliance and relevant changes.In the most recent year, 2021, Symmetrical.ai reported a revenue of USD 31,626.60 and an EBITDA of USD -1,601,555.90. The company’s revenue model is built around subscription plans that provide businesses with access to HR technology and personalized HR support, facilitating predictable income streams and scalable solutions tailored to client needs.Following its Series A funding in April 2022, where USD 18.5 mn was raised, Symmetrical.ai plans to expand its services into European and US markets, targeting franchises and enterprise clients. The funding will also support team growth and enhance its global API technology. The company is focused on designing new products to launch in these upcoming markets, aiming to bolster its operational capabilities and reach by the end of 2023.

## Funding rounds

- Series A, Apr 28, 2022, $19M — Partech Partners, Global Founders Capital, Target Global, Finch Capital, Inovo VC, Market One Capital
- Seed, Jun 30, 2020 — Partech Partners, Plug and Play, Global Founders Capital, Finch Capital, Market One Capital
- Seed, May 1, 2019, $1.6M — Finch Capital, Ataraxy Ventures, Market One Capital

## Investors

- Finch Capital (https://capitalatlas.ai/funds/finch-capital) — Seed, Series A
- Ataraxy Ventures (https://capitalatlas.ai/funds/ataraxy-ventures) — Seed
- Market One Capital (https://capitalatlas.ai/funds/market-one-capital) — Seed, Series A
- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Seed, Series A
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed, Series A
- Target Global (https://capitalatlas.ai/funds/target-global) — Series A
- Inovo VC (https://capitalatlas.ai/funds/inovo-vc) — Series A
