AI accounting startup Rillet raises $70 million in Andreessen Horowitz, ICONIQ-led round

AI accounting startup Rillet raises $70M in funding led by Andreessen Horowitz and ICONIQ - Tech Startups

Rillet is doubling down on its bid to shake up an accounting software market long dominated by Oracle and Microsoft. The AI accounting startup has secured $70 million in a Series B round co-led by Andreessen Horowitz and ICONIQ, with […] The post AI accounting startup Rillet raises $70M in funding led by Andreessen Horowitz and ICONIQ first appeared on Tech Startups.

AI accounting startup Rillet raises $70 million in Andreessen Horowitz, ICONIQ-led round

(Corrects paragraph 7 to say annual recurring revenue has doubled in the past 12 weeks, not 12 months)By Aditya SoniRillet, a startup developing AI-powered accounting software, has raised $70 million in a fundraise co-led by venture capital firms Andreessen Horowitz and ICONIQ in a bid to disrupt an i

Rillet Raises $70M To Build AI-Native ERP For The Modern Finance Team

Rillet, a purpose-built AI-native ERP platform for modern finance teams, has raised $70 million in a Series B funding round. The round was co-led by Andreessen Horowitz and ICONIQ Growth, with additional participation from Sequoia Capital, Oak HC/FT, and existing backers. As part of the investment, Alex Rampell, General Partner at Andreessen Horowitz, and Seth Pierrepont, General Partner at ICONIQ, will join Rillet’s board. Rillet is on a missio…

Rillet raises $70m to redefine enterprise accounting

Rillet, an AI-native ERP platform built specifically for finance teams, has secured $70m in a Series B funding round. The investment was co-led by Andreessen Horowitz and ICONIQ, with participation from Sequoia, Oak HC/FT, and previous investors. As part of the deal, Andreessen Horowitz general partner Alex Rampell and ICONIQ general partner Seth Pierrepont will join Rillet’s board. Rillet is building a next-generation ERP system designed to mee…

Rillet Raises $70M to Replace Legacy Accounting Software with AI ERP - Tech

Rillet, an AI-native ERP (enterprise resource planning)  platform built by former N26 execs and top accountants, has raised $70 million in Series B funding to modernise enterprise finance. Co-led by Andreessen Horowitz and ICONIQ, with participation from Sequoia, Oak HC/FT and earlier investors, this round comes just 10 weeks after Rillet announced a $25m Series A round from Sequoia, now bringing the company’s total funding raised under a year t…

Rillet, which is building AI ledger software to automate accounting tasks, raised a $70M Series B co-led by a16z and Iconiq, a source says at a ~$500M valuation

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