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.
- 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
36th among 6316 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 10 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 | - | - | ||
Aug 06, 2025 | $70M | Series B | $500M | - | ||
May 28, 2025 | $25M | Series A | - | - |
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 Intuit, Visma and Deltek. 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 | Intuit 1983, Mountain View (United States), Public | Provider of financial, accounting, tax preparation, and marketing automation software | - | 83/100 | |
2nd | Developer of cloud software for business management and accounting tasks | $198M | 82/100 | ||
3rd | Deltek 1983, Herndon (United States), Acquired | Cloud based enterprise resource planning software provider for multi industries | $107M | 81/100 | |
4th | Airtable 2013, San Francisco (United States), Series F | Cloud and AI based low code workflow and app development platform | $1.35B | 79/100 | |
5th | The Access Group 1991, Loughborough (United Kingdom), Acquired | Developer of business management software for finance human resources payroll | $1.49B | 78/100 | |
6th | Online accounting and invoicing solutions for SMBs | $40.9M | 77/100 | ||
7th | FreeAgent 2007, Edinburgh (United Kingdom), Acquired | Cloud-based accounting software for small businesses, freelancers, and accountants | $21.9M | 77/100 | |
8th | Cloud-based financial management and accounting software platform | $442M | 77/100 | ||
9th | Pipefy 2015, San Francisco (United States), Series C | SaaS-based workflow and task management solution provider | $149M | 76/100 | |
10th | Xero 2006, Wellington (New Zealand), Public | Provider of accounting software and related tools for business management | - | 75/100 | |
36th | 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 12 events in the last 1 year, 9 of them have been about partnerships and 1 about company updates.
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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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Maxio and Rillet Launch AI-Powered Finance Integration, Now in Early AccessGlobal Fintech Series•Nov 07, 2025•Rillet, Maxio
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Consero Global and Rillet Partner to Bring AI-Native Finance to the Mid-MarketAccess Newswire•Oct 28, 2025•Rillet, Consero Global
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