Rillet Raises $100M Series C at $1B Valuation to Build Accounting Superintelligence
Rillet, the AI-native ERP (enterprise resource planning) platform for modern finance teams, today announced a $100 million Series C led by ICONIQ at a $1 billion valuation, with participation from Sequoia, Andreessen Horowitz, Sequoia Global Equities, Bain Capital Ventures, Oak HC/FT, Battery Ventures, FirstMark, Scale Venture Partners, and Creandum. The round is Rillet’s third in the last year and brings total funding to more than $200 million.
Rillet and Cin7 Announce Strategic Partnership to Bring AI-Native Accounting to Product Businesses
Rillet, the leading AI-native ERP, and Cin7, the leading global, cloud inventory management platform, today announced a strategic partnership to connect inventory operations and financial management for brands, wholesalers, and omni-channel retailers, bringing together the operational depth of Cin7 and the power of Rillet’s AI-native general ledger.
Rillet raises $70M to replace 20th-century accounting software with AI-native ERP built by accountantsThe AI-native ERP platform secures backing from Andreessen Horowitz and ICONIQ, bringing total funding to over $100M in one year.
