Fundz

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.

Who to call at Rillet, and when

A new round usually means Rillet is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Rillet raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Rillet, from your own LinkedIn network
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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.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Rillet raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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