Rillet raised $13.5M in a Series A round led by First Round Capital and Creandum to expand their team and support new customers in various verticals.
PRIVATEJul 29, 2024
Amount Raised
$13.5 Million
Round Type
Series A
New YorkFinancial ServicesSoftwareEnterprise SoftwareFintechAccountingSaaSCRM
Investors
Kevin HartzChad ByersCreandumFirst Round Capital
Description
Rillet has secured $13.5 million in funding to enhance its team and cater to new customers in sectors ranging from e-commerce to fintech. The funding round attracted prominent investors, including First Round Capital and Creandum, alongside individual investors.
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Company Information
Company
Rillet
Location
New York, New York, United States
About
Rillet is the first accounting platform made to tailor fit the workflows of accountants. Through curated native integrations, deterministic algorithms as well as AI, Rillet pulls in metadata from your tech stack, interprets them and automatically books journal entries, sends invoices, creates deferred revenue waterfall, prepaid schedule, and generates financial metrics real-time.
Rillet takes care of multiple geographies and currencies, consolidating multiple entities with ability to report in multiple currencies.
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Fundz sees it the moment Rillet raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.