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Rillet

The AI-native ERP

$208.5M
Total Raised

About Rillet

Rillet is an AI-native ERP built specifically around the finance function, with the general ledger serving as the core system rather than simply adding AI on top of legacy accounting software. Its platform combines automated general ledger workflows, accounts payable and receivable, bank reconciliation, revenue recognition, multi-entity consolidation, real-time GAAP and investor reporting, and close management.

Rillet also has more than 12,000 integrations and connects natively with systems including Salesforce, HubSpot, Stripe, Ramp, Brex, BILL, Anrok and Avalara.

According to the company itself, it now serves 600+ customers, including public companies and businesses with more than $2 billion in revenue, while its customer base includes companies such as Windsurf, Mercor, Hebbia, Kickstarter, Sotheby’s and Scribe. Its enterprise product supports multi-currency and multi-subsidiary accounting, intercompany eliminations, translation adjustments and audit-ready controls.

Founded 2021
Employees 163
Location San Francisco, California, USA

Founders

N
Nicolas Kopp
S
Stelios Modes

Funding History

Series C

August 17, 2026
$100M
VALUATION: $1B
Investors: ICONIQ Capital, Sequoia Capital, Andreessen Horowitz, Sequoia Global Equities, Bain Capital Ventures, Oak HC/FT, Battery Ventures, FirstMark, Scale Venture Partners, Creandum

Series B

August 6, 2025
$70M
VALUATION: $500M
Investors: Andreessen Horowitz, ICONIQ Capital, Sequoia Capital, Oak HC/FT, Battery Ventures, FirstMark

Series A

May 28, 2025
$25M
VALUATION UNDISCLOSED
Investors: Sequoia Capital, First Round Capital, Creandum, Susa Ventures, Ron Gill, Lee Kirkpatrick

Seed

July 29, 2024
$13.5M
VALUATION UNDISCLOSED
Investors: First Round Capital, Creandum, Susa Ventures, BoxGroup, Kevin Hartz, Chad Byers, Scott Belsky, Zack Kanter, Diede van Lamoen, Cristina Cordova, Thejo Kote, Exponent Founders Capital, Puzzle Ventures, Gordon Wintrob, Dave Spillane, Michael Yip, Edwine Alphonse

Venture Round

September 2, 2021
Undisclosed
VALUATION UNDISCLOSED

Frequently Asked Questions

What is Rillet?

Rillet is an AI-native enterprise resource planning platform for finance and accounting teams. It combines a perpetual general ledger, accounting automation, revenue recognition, reporting, multi-entity accounting and AI agents.

When was Rillet founded?

Rillet was founded in 2021 by Nicolas Kopp and Stelios Modes. The company spent three years building its product before launching publicly in August 2024.

Who founded Rillet?

Rillet was founded by Nicolas Kopp and Stelios Modes. Kopp is the CEO and previously served as U.S. CEO of N26, while Modes is the company's CTO.

How much funding has Rillet raised?

Rillet has raised $208.5 million across its disclosed funding rounds through its $100 million Series C announced on August 17, 2026.

What was Rillet's latest funding round?

Rillet's latest funding was a $100 million Series C announced on August 17, 2026. ICONIQ led the round, which valued Rillet at $1 billion.

What is Rillet's valuation?

Rillet was valued at $1 billion in its Series C announced on August 17, 2026. Its previous publicly reported valuation was approximately $500 million in its August 2025 Series B.

Who are Rillet's investors?

Rillet is backed by investors including ICONIQ Capital, Sequoia Capital, Andreessen Horowitz, First Round Capital, Creandum, Susa Ventures, Oak HC/FT, Battery Ventures, Bain Capital Ventures, FirstMark and Scale Venture Partners.

How many employees does Rillet have?

Rillet had approximately 163 employees in mid-2026, according to current company and market intelligence data.

What does Rillet's AI do?

Rillet's Aura AI provides accounting-focused agents that work directly with the general ledger. It can help automate accounting workflows, analyze financial data, surface anomalies, propose entries and support continuous close processes.

Disclaimer: The information presented above is based on our internal editorial research and publicly available information from company websites, announcements, databases, and other online sources. While we strive to keep profiles accurate and up to date, we recommend conducting your own independent research before making any business, investment, or partnership decisions. Read our research methodology.

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Last Updated August 2026

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