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Rillet has secured $100M in its Series C funding, achieving a $1B valuation. Led by ICONIQ with backing from Sequoia and a16z, the capital will help expand its AI accounting platform.
PRIVATEAug 18, 2026•about 5 hours ago
Amount Raised
$100 Million
Round Type
Series C
New YorkFinancial ServicesSoftwareSaasEnterprise SoftwareCrmFintechAccountingInvestors
CreandumScale Venture PartnersFirst MarkBattery VenturesBain Capital VenturesOak Hc/FtAndreessen HorowitzSequoia CapitalIconiq
Description
AI accounting startup Rillet has raised $100 million in a Series C funding round at a $1 billion valuation, bringing its total funding to more than $200 million. The round was led by ICONIQ, with participation from existing investors Sequoia Capital, Andreessen Horowitz and Oak HC/FT. New investors included Bain Capital Ventures, Battery Ventures, FirstMark, Scale Venture Partners and Creandum. Rillet develops an AI native accounting platform designed to automate finance and accounting workflows.
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