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
Amount Raised
$100 Million
Round Type
Series C
New YorkFinancial ServicesSoftwareEnterprise SoftwareFintechAccountingSaaSCRM
Investors
FirstMark CapitalScale Venture PartnersCreandumSequoia CapitalAndreessen HorowitzOak Hc/FtBain Capital VenturesBattery VenturesIconiq
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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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.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Rillet raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
New YorkFinancial ServicesSoftwareEnterprise SoftwareFintechAccountingSaaSCRM