US EditionRillet Raises $25M Series A From Sequoia Capital to Bring AI to Mid-Market Accounting
- On May 28, 2025, in New York, Rillet, an AI-native ERP platform, secured $25 million in a Series A investment round with Sequoia Capital leading the participation.
- The funding follows a prior raise 10 months earlier and addresses challenges where many accounting teams rely on outdated 1990s ERP systems limiting AI adoption.
- Rillet has redesigned its accounting system to integrate seamlessly with leading platforms like Salesforce and Stripe, enabling automated processes and significantly accelerating the financial close.
- Since its 2024 launch, Rillet’s revenue grew fivefold, serving nearly 200 customers including fast-growing firms Windsurf, Decagon, and Postscript that transformed their accounting processes.
- The new capital injection will speed up Rillet’s AI innovation and enhance its market expansion and customer support capabilities, establishing the company as a leading platform for modern finance teams.
28 Articles
28 Articles
Rillet Raises $13.5M Series A to Automate Accounting for High-Growth Firms - AI-Tech Park
The company has quickly become the system of record for the next-generation of finance teams, including those at Windsurf, Decagon, Postscript, and more Rillet, the AI-native ERP (enterprise resource planning) platform, today announced $25M in Series A funding led by Sequoia Capital. This round, which comes 10 months after Rillet’s last fundraise, includes existing investors First Round Capital, Creandum, Susa Ventures and top angels, such as fo…
Accounting technology startup Rillet raises $25m
Rillet, an accounting technology startup, has secured $25m in its Series A funding led by Sequoia Capital. The investment, which follows Rillet’s previous fundraising round ten months ago, includes participation from existing investors such as First Round Capital, Creandum, Susa Ventures, and angel investors such as former NetSuite CFO Ron Gill and former Twilio CFO Lee Kirkpatrick. Rillet intends to use the funds to speed up the integration …
Rillet Raises $25M Series A From Sequoia Capital to Bring AI to Mid-Market Accounting
Rillet, the AI-native ERP (enterprise resource planning) platform, today announced $25M in Series A funding led by Sequoia Capital. This round, which comes 10 months after Rillet’s last fundraise, includes existing investors First Round Capital, Creandum, Susa Ventures and top angels, such as former NetSuite CFO, Ron Gill and Lee Kirkpatrick, former Twilio CFO. Today, many
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