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    3. Rillet

    Rillet

    Rillet is an AI-native ERP platform built specifically for high-growth tech companies to automate complex accounting workflows and achieve a zero-day close.

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    At a Glance

    1Tool Listed
    3Products
    30Tool Views
    6Capabilities
    Discussions
    New York, NYHeadquarters
    2021Est.
    90Employees
    $108.5MRaised
    Focus Areas
    Business Intelligence
    Workflow Automation
    Data Processing
    Connect
    Latest News
    Rillet raises $70M to replace 20th-century accounting software with AI-native ERPAug 6, 2025
    Rillet raises $25M Series A, led by Sequoia CapitalMay 1, 2025
    Markets
    • Mid-market tech companies
    • High-growth SaaS startups
    • Venture-backed enterprises

    AI Tools by Rillet

    (1)
    View Rillet
    Rillet tool icon

    Rillet

    AI Accounting ERP for Finance Teams

    Business IntelWorkflow AutomationData Processing

    Discussions

    No discussions yet

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    Latest News

    08/06/2025

    Rillet raises $70M to replace 20th-century accounting software with AI-native ERP

    GlobeNewswire
    05/01/2025

    Rillet raises $25M Series A, led by Sequoia Capital

    LinkedIn / Tech News
    07/01/2024

    Rillet raises $13.5M to build the modern accounting platform

    PR Newswire

    Products & Services

    3
    Rillet AI-Native ERP
    2022

    A full replacement for legacy ERPs like NetSuite, built with AI-first architecture for automated accounting.

    Aura AI
    2025

    A suite of AI agents that automate finance workflows including revenue recognition and expense management.

    Zero-Day Close

    A feature/capability enabling continuous book closing and real-time GAAP reporting.

    Market Position

    Positioned as a modern, AI-native alternative to legacy ERPs like NetSuite and Sage Intacct, specifically tailored for the SaaS and tech ecosystem.

    Leadership

    Founders

    NK

    Nicolas Kopp

    Co-founder & CEO. Previously US CEO of N26 and worked at Morgan Stanley.

    SM

    Stelios Modes

    Co-founder & CTO. Previously worked at ThoughtWorks and Shazam.

    Executive Team

    NK

    Nicolas Kopp

    Co-founder & CEO

    Former US CEO of N26, background in finance (Morgan Stanley).

    SM

    Stelios Modes

    Co-founder & CTO

    Former Lead Developer/Consultant at ThoughtWorks, worked at Shazam.

    Board of Directors

    BB
    Bogomil Balkansky
    Board Member (Partner at Sequoia)
    DG
    David George
    Board Member (Partner at Andreessen Horowitz)

    Founding Story

    Rillet was founded in 2021 by Nicolas Kopp and Stelios Modes with the goal of replacing legacy, manual accounting systems with a modern, AI-first platform that provides real-time financial data.

    Business Model

    Revenue
    Reported to have 2x'd ARR in the 10 weeks preceding August 2025.

    Revenue Model

    Subscription-based SaaS (SaaS ERP), likely usage-based or tiered by volume and complexity.

    Pricing Tiers

    Custom Enterprise
    Contact Sales

    Pricing is customized based on customer size, transaction volume, contract complexity, and number of entities.

    Private

    Target Markets

    Industries & Segments
    • Mid-market tech companies
    • High-growth SaaS startups
    • Venture-backed enterprises
    Use Cases
    • Automating usage-based revenue recognition
    • Accelerating monthly/quarterly financial close
    • Replacing NetSuite/QuickBooks for tech companies
    • Managing multi-entity financial consolidation
    Notable Customers
    • Postscript
    • Scribe
    • Hebbia
    • CoinTracker

    Quick Facts

    Headquarters
    New York, NY
    Founded
    2021
    Entity Type
    Inc.
    Employees
    90
    Total Funding
    $108.5M
    Investors
    Andreessen Horowitz, Sequoia Capital
    Office Locations
    New York
    San Francisco
    Palo Alto

    Funding History

    Series B$70,000,000
    August 2025
    Andreessen Horowitz
    ICONIQ Capital
    Series A$25,000,000
    May 2025
    Sequoia Capital
    Seed/Early Stage$13,500,000
    July 2024
    Creandum
    First Round Capital

    History & Milestones

    May 2025

    Raised $25M Series A led by Sequoia Capital.

    August 2025

    Raised $70M Series B led by Andreessen Horowitz and ICONIQ Capital, bringing total funding to over $100M.

    July 2024

    Raised $13.5M in early-stage funding led by Creandum and First Round Capital.

    2021

    Company founded as Gnau Inc. (dba Rillet).

    Key Capabilities

    6
    Automated revenue recognition (ASC 606)
    Zero-day close capability
    AI agents (Aura) for finance tasks
    Multi-entity and multi-currency consolidation
    Native integrations with 30+ tools (Stripe, Salesforce, etc.)
    Continuous reporting and flux analysis

    Integrations & Partnerships

    Platform Integrations

    • Salesforce
    • Stripe
    • HubSpot
    • AWS
    • Snowflake
    • Anaplan
    • J.P. Morgan

    Key Partnerships

    Stripe
    Salesforce
    HubSpot

    Connect

    Website
    rillet.com
    X / Twitter
    rillethq
    LinkedIn
    team-rillet

    AI Topics

    3

    Rillet focuses on these topics:

    Business Intelligence(1)
    Workflow Automation(1)
    Data Processing(1)
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