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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 6316 active competitors, including 366 funded and 334 that have exited. Its top competitors include companies like Intuit, Visma and Deltek.

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.
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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
Ranked
Employee Count
218 as on Aug 31, 2026
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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 10 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Rillet:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 18, 2026
$100M
Series C
-
-
Aug 06, 2025
$70M
Series B
$500M
-
May 28, 2025
$25M
Series A
-
-
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Rillet's founders and board of directors

Founder? Claim Profile
The founders of Rillet are Stelios Modes and Nicolas Kopp. Nicolas Kopp is the CEO of Rillet.
Here are the details of Rillet's key team members:

Rillet's employee count trend

Rillet has 218 employees as of Aug 26. Here is Rillet's employee count trend over the years:
Employee count trend for Rillet
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Rillet's Competitors and alternates

Top competitors of Rillet include Intuit, Visma and Deltek. Here is the list of Top 10 competitors of Rillet, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Intuit
Intuit
1983, Mountain View (United States), Public
Provider of financial, accounting, tax preparation, and marketing automation software
-
83/100
2nd
Logo for Visma
Visma
1996, Oslo (Norway), Acquired
Developer of cloud software for business management and accounting tasks
$198M
82/100
3rd
Logo for Deltek
Deltek
1983, Herndon (United States), Acquired
Cloud based enterprise resource planning software provider for multi industries
$107M
81/100
4th
Logo for Airtable
Airtable
2013, San Francisco (United States), Series F
Cloud and AI based low code workflow and app development platform
$1.35B
79/100
5th
Logo for The Access Group
The Access Group
1991, Loughborough (United Kingdom), Acquired
Developer of business management software for finance human resources payroll
$1.49B
78/100
6th
Logo for ContaAzul
ContaAzul
2012, Joinville (Brazil), Acquired
Online accounting and invoicing solutions for SMBs
$40.9M
77/100
7th
Logo for FreeAgent
FreeAgent
2007, Edinburgh (United Kingdom), Acquired
Cloud-based accounting software for small businesses, freelancers, and accountants
$21.9M
77/100
8th
Logo for Pennylane
Pennylane
2020, Paris (France), Series E
Cloud-based financial management and accounting software platform
$442M
77/100
9th
Logo for Pipefy
Pipefy
2015, San Francisco (United States), Series C
SaaS-based workflow and task management solution provider
$149M
76/100
10th
Logo for Xero
Xero
2006, Wellington (New Zealand), Public
Provider of accounting software and related tools for business management
-
75/100
36th
Logo for Rillet
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

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Media has covered Rillet for a total of 12 events in the last 1 year, 9 of them have been about partnerships and 1 about company updates.
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