Rillet - About the company
Rillet is a series C company based in New York City (United States), founded in 2021 by Stelios Modes and Nicolas Kopp. It operates as an AI-native ERP designed to automate accounting. Rillet has raised $208M in funding from investors like First Round Capital, Andreessen Horowitz and Sequoia Capital, with a current valuation of $1B. The company has 6715 active competitors, including 398 funded and 344 that have exited. Its top competitors include companies like Ramp, Intuit and Airtable.
Sectors and market segments that Rillet operate in
Rillet serves in the FinTech market segments.The primary business model of Rillet is:Company Details
AI-native ERP designed to automate accounting. SaaS accounting platform for SaaS companies. It offers solutions for Accrual accounting, revenue recognition, invoicing, financial close, reconciliation, and SaaS metrics. It also offers solutions for performance tracking. It enable a smarter close with native integrations, automated journal entries and AI embedded workflows. It also supports multi-entity, multi-currency and multi-geography. It natively integrate with industry leading solutions like Salesforce, Stripe, Ramp, Brex, Rippling and more.
- Website
- www.rillet.com/
- Email ID
- *****@rillet.com
Key Metrics
Founded Year
2021
Location
New York City, United States
Stage
Series C
Total Funding
$208M in 4 rounds
Latest Funding Round
Post Money Valuation
$1B as on Aug 18, 2026
Investors
Ranked
32nd among 6715 active competitors
Employee Count
218 as on Aug 31, 2026
Legal entities associated with Rillet
Rillet is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
GNAU INC. CIN: 6135197 , United States, Active | Aug 02, 2021 | - | - | - |
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Rillet's funding and investors
Rillet has raised a total funding of $208M over 4 rounds. Its first funding round was on Jul 29, 2024. Its latest funding round was a Series C round on Aug 18, 2026 for $100M. 9 investors participated in its latest round. Rillet has 15 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of Rillet:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 18, 2026 | $100M | Series C | $1B | - | ||
Aug 06, 2025 | $70M | Series B | $500M | - | ||
May 28, 2025 | $25M | Series A | $500M | - |
View details of Rillet's funding rounds and investors
Rillet's founders and board of directors
Founder? Claim ProfileHere are the details of Rillet's key team members:
- Stelios Modes: Co-Founder & CTO of Rillet. Contact Info: 1 email address
- Nicolas Kopp: Co-Founder & CEO of Rillet.
View details of Rillet's Founder profiles and Board Members
Rillet's employee count trend
Rillet has 218 employees as of Aug 26. Here is Rillet's employee count trend over the years:
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Rillet's Competitors and alternates
Top competitors of Rillet include Ramp, Intuit and Airtable. Here is the list of Top 10 competitors of Rillet, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ramp 2019, New York City (United States), Series F | Provider of a platform for spend management, corporate cards, and payables | $3.22B | 84/100 | |
2nd | Intuit 1983, Mountain View (United States), Public | Provider of financial, accounting, tax preparation, and marketing automation software | - | 83/100 | |
3rd | Airtable 2013, San Francisco (United States), Acquired | Cloud and AI based low code workflow and app development platform | $1.35B | 82/100 | |
4th | The Access Group 1991, Loughborough (United Kingdom), Late Stage | Provider of business management software for diverse commercial industry sectors | $1.49B | 79/100 | |
5th | Sage 1981, Newcastle Upon Tyne (United Kingdom), Public | Provider of cloud-based enterprise software solutions for accounting, finance, and people management | - | 78/100 | |
6th | Deltek 1983, Herndon (United States), Acquired | Cloud based enterprise resource planning software provider for multi industries | $107M | 77/100 | |
7th | Developer of cloud software for business management and accounting tasks | - | 77/100 | ||
8th | Cloud-based financial management and accounting software platform | $442M | 77/100 | ||
9th | FreeAgent 2007, Edinburgh (United Kingdom), Acquired | Cloud-based accounting software for small businesses, freelancers, and accountants | $21.9M | 76/100 | |
10th | Online accounting and invoicing solutions for SMBs | $40.9M | 76/100 | ||
32nd | Rillet 2021, New York City (United States), Series C | AI-native ERP designed to automate accounting | $208M | 65/100 |
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Rillet's Investments and acquisitions
Rillet has made no investments or acquisitions yet.
Reports related to Rillet
Here is the latest report on Rillet's sector:
News related to Rillet
Media has covered Rillet for a total of 13 events in the last 1 year, 9 of them have been about partnerships and 1 about company updates.
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RSM and Rillet Announce Strategic Alliance to Bring Agentic Finance to the Middle MarketFinancial Post•Sep 21, 2026•Rillet, RSM US
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Possible Finance Survey Spotlights AI Trust; NYSE Features Rillet's $100M Series C, $1B ValuationBusinessnewsthisweek•Sep 10, 2026•Rillet
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Expensify Launches Native Integration with Rillet, the AI-Native ERPBusiness Wire•Sep 01, 2026•Rillet, Expensify
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Rillet Achieves Unicorn Status with $1 Billion Valuation Following Series C FundingCryptocurrency•Aug 19, 2026•Rillet, Iconiq Capital, Battery Ventures, FirstMark and 6 others
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EY and Rillet Form Strategic Alliance for AI-Driven Finance TransformationEuropaWire•Apr 29, 2026•Rillet, EY
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Rillet and Cin7 Announce Strategic Partnership to Bring AI-Native Accounting to Product BusinessesBusiness Wire•Mar 17, 2026•Rillet, Cin7
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BILL and Rillet Partner to Power Real-Time, AI-Native Finance WorkflowsGlobal Fintech Series•Mar 02, 2026•Rillet, Bill
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Cube and Rillet Partner for Real-Time, AI Financial IntelligencePR Newswire•Dec 04, 2025•Rillet, Cube Global
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