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#221 by ARRPalo Alto, USrillet.com ↗

Rillet

Rillet is an AI-native ERP platform that automates accounting for complex revenue models.

ARR
$25M
as of Aug 2026
Employees
~120
as of Aug 2026
Valuation
$1B
40× ARR
ARR / employee
$208K
revenue efficiency
About Rillet

Rillet is an AI-native ERP that automates accounting for complex revenue models, allowing for fast book closings and providing a reliable source of truth. The solution covers the full spectrum of accounting and finance needs, including customer invoicing, GAAP-compliant revenue recognition, automated bank reconciliations, accrual-based expense recognition, real-time SaaS metrics, and other analytics capabilities. Rillet covers multiple entities, geographies, and currencies and allows for consolidated multi-currency reportin,g all embedded within one platform.

AI-native ERP / general ledger. 600 customers, ARR doubled in the quarter before the $100M Series C; estimate ~600 × ~$40k ACV.

Investors · 12

LeadIconiq CapitalFamily office7 partners on file
BoardAndreessen HorowitzVenture capital· Alex Rampell (General Partner at Andreessen Horowitz)290 partners on file
BoardIconiq CapitalFamily office· Seth Pierrepont (General Partner at ICONIQ)7 partners on file
InvestorAndreessen HorowitzVenture capital290 partners on file
InvestorBain Capital VenturesVenture capital22 partners on file
InvestorBattery VenturesVenture capital29 partners on file
InvestorCreandumVenture capital7 partners on file
InvestorFirst Round CapitalVenture capital31 partners on file
InvestorFirstMark CapitalVenture capital3 partners on file
InvestorFOG VenturesVenture capital
InvestorOak HC/FTVenture capital16 partners on file
InvestorScale Venture PartnersVenture capital9 partners on file
InvestorSequoia CapitalVenture capital93 partners on file
InvestorSusa VenturesVenture capital15 partners on file
522 partner contacts across these firms, emails and LinkedIn are in Investor Contacts for paid members.
Rillet logo
Iconiq Capital (lead) · AI accounting / ERP
$100M
val. $1B

News, deals & research

Latest in AI
DealRillet raises $100M Series C at $1B for its AI-native ledgerAug 19
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