Symmetrical Raises €5.6M to Bring Ethical Finance to Employees in Europe
Symmetrical, a company that partners with employers to give their employees financial freedom and peace of mind, has announced that it has closed a €5.6M ($6.3M) funding round. The round was led by Global Founders Capital and Partech, with participation from existing investors Finch Capital, Market One Capital and Plug&Play. The funds will be used to further develop Symmetrical’s solution.
“We work as a financial marketplace financed by the employers to eliminate conflicts of interests connected with financial advisory practice and ensure that the data transparency we offer benefits employees as opposed to being used against them” – claims Piotr Smolen, CEO and Co-Founder of Symmetrical.ai.
Financial well being represents one of the most challenging problems facing society today. Symmetrical.ai is addressing this problem at its core, providing ethical financial products in partnership with employers to enable employees to better manage their financial and health outcomes. “We are excited to find partners who will accompany us on this journey to build new, employer-based trust layers for financial markets and have raised €5.6m from them” – claims Daniel Wartołowski, COO and Co-Founder of the company.
Read more: Symmetrical raises €5.6M to bring ethical finance to employees in Europe