Rillet Raises $100mn at a $1bn Valuation

Rillet raises $100mn at a $1bn valuation

Rillet, a startup that rebuilds corporate accounting around AI, has raised $100mn at a $1bn valuation, making it the latest AI unicorn. ICONIQ led the Series C, the company told Fortune in an exclusive. Nick Lichtenberg reported the deal. It is Rillet’s third raise in 14 months. The backers are a roll-call of AI investors. […] This story continues at The Next Web

Exclusive: Accounting AI startup Rillet reaches unicorn status with $1 billion valuation. Its founder says he wants to give CFOs back their weekends

"Our message is not that we're coming after jobs," Rillet CEO Nicolas Kopp told Fortune. "That's just not correct."

Rillet Raises $100M Series C at $1B Valuation to Build Accounting Superintelligence

SAN FRANCISCO--(BUSINESS WIRE)--Rillet, the AI-native ERP (enterprise resource planning) platform for modern finance teams, today announced a $100 million Series C led by ICONIQ at a $1 billion valuation, with participation from Sequoia, Andreessen Horowitz, Sequoia Global Equities, Bain Capital Ventures, Oak HC/FT, Battery Ventures, FirstMark, Scale Venture Partners, and Creandum. The round is Rillet’s third in the last year and brings total fu…

AI accounting startup Rillet becomes a unicorn with $100M Series C led by ICONIQ

The AI ERP system Rillet, designed to replace existing systems such as NetSuite and SAP, has raised $100 million in a funding round led by ICONIQ, achieving a post-money valuation of $1 billion. This is the third financing round the company has had in the last year, bringing its total financing to over $200 million since it became publicly available in 2024. The company Mercor alone is said to earn more than $2 billion in annual recurring revenu…