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Rillet raises $100M Series C at $1B valuation — 2 years after emerging from stealth
AI-native account startup Rillet became a unicorn, led by Iconiq, after it doubled its ARR in the past three months, it said.
AI Summary
AI accounting startup Rillet announced a $100 million Series C round, valuing the company at $1 billion. The funding was led by Iconiq, with returning investors Andreessen Horowitz and Sequoia. Rillet emerged from stealth in 2024 and has quickly become a prominent AI player in the enterprise resource planning (ERP) space. Its platform uses AI to help finance teams manage company books, automatically and continuously pulling data from sources such as Salesforce and Brex.
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