Exclusive: Accounting AI startup Rillet reaches unicorn status with $1 billion valuation. Its founder says he wants to give CFOs back their weekends
Rillet, a two-year-old startup building what it calls the first truly AI-native accounting platform, has raised a $100 million Series C at a $1 billion valuation, the company told Fortune exclusively—joining the ranks of AI-era unicorns racing to unseat decades-old enterprise software giants. The round, led by ICONIQ with participation from returning backers Sequoia Capital, Andreessen Horowitz and Oak HC/FT, plus new investors including Bain Capital Ventures, Battery Ventures, FirstMark, Scale Venture Partners and Creandum, marks Rillet’s third fundraise in the past year and pushes its total funding past $200 million.
Reported by 1 outlet — Fortune. See all sources ↓
Rillet, a two-year-old startup building what it calls the first truly AI-native accounting platform, has raised a $100 million Series C at a $1 billion valuation, the company told Fortune exclusively—joining the ranks of AI-era unicorns racing to unseat decades-old enterprise software giants. The round, led by ICONIQ with participation from returning backers Sequoia Capital, Andreessen Horowitz and Oak HC/FT, plus new investors including Bain Capital Ventures, Battery Ventures, FirstMark, Scale Venture Partners and Creandum, marks Rillet’s third fundraise in the past year and pushes its total funding past $200 million. ICONIQ general partner Seth Pierrepont remains on Rillet’s board. For Rillet co-founder and CEO Nicolas Kopp, the milestone is as much personal as financial.
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- Rillet, a two-year-old startup building what it calls the first truly AI-native accounting platform, has raised a $100 million Series C at a $1 billion valuation, the company told Fortune exclusively—joining the ranks of AI-era unicorns racing to unseat decades-old enterprise software giants. The round, led by ICONIQ with participation from returning backers Sequoia Capital, Andreessen Horowitz and Oak HC/FT, plus new investors including Bain Capital Ventures, Battery Ventures, FirstMark, Scale Venture Partners and Creandum, marks Rillet’s third fundraise in the past year and pushes its total funding past $200 million.
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- 1 outlet, average source rating 6.0/10.
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- just now ago.
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Exclusive: Accounting AI startup Rillet reaches unicorn status with $1 billion valuation. Its founder says he wants to give CFOs back their weekends
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