We at @a16z are thrilled to lead @RilletHQ's Series B and back the team building the ERP for the AI age. Finance systems today are brittle, clunky, and deeply manual — still stuck in the '90s. Rillet is building something entirely new. 👇
Nicolas Kopp
Nicolas Kopp6 ago, 20:15
I’m excited to share that we’ve raised a $70M Series B, led by @a16z and @ICONIQCapital - bringing our total funding to over $100M in under a year. Accounting is a $500B category, and yet most finance teams are still running on systems built in the 90s. @RilletHQ is rebuilding the financial core of modern companies. We’ve rebuilt the general ledger from the ground up to assemble the first AI-native ERP, built for speed, flexibility, and automation. Since coming out of stealth ~12 months ago, we’ve grown lightning fast. We now power the finance stack behind companies like @PostscriptIO, @windsurf, @DecagonAI, @bitwarden and many more across many industries. Windsurf scaled revenue 10x while running global finance with just two people and Rillet. Postscript, with over $100M in ARR and four entities, now closes their books in three days. These are the kinds of results we hold ourselves to. We’ve also partnered with some of the largest and best accounting firms in the country, including @Armanino_HQ, @wissllp and Attivo. The whole industry has been begging for change for decades. With Rillet, it’s here. This round came together very quickly. The first call happened while I was eating a tuna sandwich in SF (I did not finish it). Three days later, we had a signed term sheet. It was a reflection of the momentum we’re seeing both in the product and in the market. Since announcing our Series A just weeks ago, we’ve already doubled our ARR. None of this would be possible without our team of accountants and engineers. A few months ago, I was still jumping on support calls to help customers. Today, our implementation, success, and product teams are delivering outcomes with the same speed and care that got us here. We originally booked an offsite to celebrate the Series A. In classic Rillet speed fashion, it’s now an A + B celebration. It’s proof of how fast things can move when customers love the product and a reminder of how much this team has earned the chance to celebrate together. We’re fortunate to welcome @a16z and @ICONIQCapital to the table. @arampell, @seema_amble, @mandrusko1 and @slpierre, @skstebbins bring clarity, urgency and deep conviction about the future of AI and finance. We’re also grateful to have continued support from our early partners @sequoia, @firstround, @creandum who believed in us from the start, and excited about working with @oakhcft and @FogVentures. To the Rillet team, again - thank you for building with care, focus, and speed. To our customers - thank you for pushing us, trusting us, and helping shape the product. We are honored to serve you. Let’s go!
Si le pregunta a un director financiero qué piensa sobre su ERP, lo más probable es que se queje. 10+ días para cerrar. Equipos AR/AP en expansión. Tediosos flujos de trabajo pegados en Excel, Netsuite y herramientas heredadas. Es un software creado para Windows 95.
Rillet es un ERP autónomo, diseñado desde cero para la velocidad, la inteligencia y la automatización. Combina un libro de contabilidad moderno con agentes de IA que *gestionan activamente* las operaciones financieras: conciliación, informes, previsiones y mucho más.
Los ERP heredados son sistemas de registro. Rillet es un sistema de acción. Ayuda a los equipos financieros a cerrar libros al instante, generar presentaciones de juntas listas para inversores y ejecutar paneles en tiempo real, todo en una sola plataforma. Y a los clientes les encanta. Rillet ha logrado críticas muy favorables de directores financieros, controladores y contadores de personal por igual. Este es finalmente el ERP que simplemente funciona. (Pero no confíe en nuestra palabra, ¡vea el video de lanzamiento!)
¿Por qué ahora? ERP es una de las categorías más grandes y atrasadas en software empresarial: un mercado de $ 0.5T + cuando se incluye tanto el software como la capa de servicios que lo rodea. Y creemos que tres vientos de cola hacen que este sea el momento perfecto:
💡La IA es de nivel empresarial: los modelos básicos ahora pueden razonar sobre contratos, datos y flujos de trabajo con precisión. 💼 Los directores financieros están bajo presión: necesitan una automatización real, no más paneles. 🧱 Nueva arquitectura: datos unificados + agentes componibles = finanzas en tiempo real.
Durante mucho tiempo hemos creído que las próximas empresas icónicas no solo "agregarán IA", sino que se rediseñarán en torno a ella. Rillet es exactamente eso.
Congrats to @nicckopp and the Rillet team. @seema_amble, @arampell and I are incredibly excited to partner with you on this journey. If you’re a CFO rethinking your stack — or an engineer eager to reinvent corporate finance — join us. This is just the beginning!
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