Rillet raises $100 million, reaches $1B valuation in 2 days
Business
Rillet, an AI-powered accounting platform, just raised $100 million, pushing its valuation to a whopping $1 billion in only 2 days.
Big names like ICONIQ and Sequoia Capital backed the latest round, bringing Rillet's total funding to $200 million since launching 2 years ago.
Rillet lands 600 clients with AI
Rillet's growing fast, now counting 600 clients, including public companies ditching old-school tools like Oracle and NetSuite.
Their secret sauce? Smart AI agents that handle bookkeeping, so accountants can focus on bigger-picture advice.
With 50% of its customers coming from Intuit, and many more from legacy systems, Rillet is helping fill the accountant shortage while making finance work smarter for today's digital world.