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Rillet

Category: AI in Fintech

Rillet is an AI-native Enterprise Resource Planning (ERP) platform designed to automate accounting and financial operations for modern businesses. Rillet was founded in 2022. The company is led by Nicolas Kopp. Based in New York, USA. Team size: 11-50. Total funding raised: $108.5M+. Latest round: Series B ($70M, Aug 2025). Key investors include Andreessen Horowitz, ICONIQ Growth, Sequoia Capital, First Round Capital, Creandum, Susa Ventures.

Founded
2022
Headquarters
New York, USA
Team size
11-50
Total funding
$108.5M+

Value proposition

To automate complex accounting workflows, enabling a 'zero-day close' and providing real-time financial data for faster, more informed decision-making.

Products and solutions

AI-Powered General Ledger, Aura AI (AI-native accounting agents), Automated Revenue Recognition (GAAP-compliant), Automated Invoicing and Billing, Close Management and Automation, Automated Bank Reconciliations, Accrual-based Expense Recognition, Real-time SaaS Metrics and Analytics, Multi-entity and Multi-currency Consolidation, Aura Command Center, Accounts Receivable, Accounts Payable

Unique value

Rillet's platform is built as an AI-native solution from the ground up, designed to be a full replacement for legacy ERPs like NetSuite and Sage Intacct. It is specifically tailored to the workflows of modern accountants, aiming to make the 'zero-day close' a reality.

Target customer

Mid-market companies, high-growth startups, and SaaS businesses.

Industries served

Technology/SaaS, E-commerce, Fintech

Technology advantage

Rillet's core advantage is its use of AI and machine learning to automate and streamline the entire accounting process. It directly integrates with best-in-class tools like Salesforce, Stripe, Ramp, and Rippling, creating a single source of truth for financial data and eliminating manual, error-prone tasks. This results in a significantly faster month-end close and provides real-time visibility into financial performance.

How they differentiate

Rillet differentiates itself by being an AI-native accounting platform specifically designed for high-growth SaaS companies. It focuses on automating complex processes like revenue recognition, ASC 606 compliance, and the month-end close, which are often manual and time-consuming with legacy systems. Unlike traditional ERPs, Rillet offers a more modern, user-friendly interface and is built from the ground up to handle the specific financial workflows of SaaS businesses.

Main competitors

Oracle NetSuite, Sage Intacct, FloQast

Key partnerships

Salesforce (Integration), Stripe (Integration), Ramp (Integration), Brex (Integration), Rippling (Integration), EY (Strategic Alliance), KPMG (Strategic Partnership), RSM (Strategic Partnership), Armanino (Strategic Partnership), Wiss (Strategic Partnership), Cin7 (Strategic Partnership)

Notable customers

Postscript, Windsurf (Cognition), Kickstarter, Scribe, Luxury Presence, Smartcar, Haus, Bitwarden, Decagon

Major milestones

Raised a $70 million Series B co-led by Andreessen Horowitz and ICONIQ Growth in August 2025, bringing total funding to over $100M in under a year., Grew to 500+ customers including public companies with over $1B in ARR., Launched Aura AI, an AI-native agentic accounting assistant built into the general ledger., Formed strategic partnerships with EY, KPMG, RSM, Armanino, and Wiss., Announced strategic partnership with Cin7 (March 2026) to bring AI-native accounting to product businesses., Achieved 5.0 G2 rating, the only ERP with 5 stars on G2.

Growth metrics

As of early 2026, Rillet has 500+ customers, doubled ARR in 12 weeks (as of Aug 2025), and 93% of journal entries automatically booked without human intervention. Team size of 50+ CPAs from Big Four.

Market positioning

Rillet is positioned as a modern, disruptive force in the fintech AI and accounting software market, targeting mid-market and high-growth SaaS companies that have outgrown basic accounting tools like QuickBooks but find legacy ERPs like NetSuite to be too cumbersome and expensive. It competes by offering a specialized, AI-powered solution that promises greater efficiency and accuracy for complex accounting tasks.

Geographic focus

Rillet is headquartered in New York, and its primary geographic focus is the United States market. The company's initial go-to-market strategy appears to be centered on acquiring customers in North America.

Patents and IP

Information not publicly available.

About Nicolas Kopp

Co-Founder & CEO at Rillet. Former US CEO of digital bank N26, with previous experience in investment banking at Morgan Stanley and Lazard.

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