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Marc Andrusko
Partner di investimento B2B + altri Marc A @a16z | prec. @Plaid @GoldmanSachs | non mi fermerò fino a quando non vincerò il concorso di didascalie dei cartoni animati @NewYorker.
L'accesso ai dati autorizzato sembra essere sotto assedio.
Se l'accesso ai dati diventa un sistema a circuito chiuso, cosa si rompe — e cosa si perde? Ho incontrato centinaia di startup B2B nel settore dell'IA. Ecco come penso che questo rimodelli il panorama e come i fondatori possono rispondere 👇
16,5K
Marc Andrusko ha ripubblicato
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!
237,02K
Marc Andrusko ha ripubblicato
Primo tweet di sempre. Speriamo che il Series C non sia il secondo.
@_MomentHQ ha raccolto 36 milioni di dollari nel Series B guidato da @indexventures per automatizzare il mercato del reddito fisso da 150 trilioni di dollari.
Annunciamo anche la nostra partnership con LPL Financial, il più grande broker-dealer negli Stati Uniti.
Il nostro team ha automatizzato il trading di obbligazioni presso Citadel e Jane Street - ora abbiamo assemblato un team di classe mondiale per alimentare ogni flusso di lavoro critico nel reddito fisso.
Grazie @PaigeSmithNews per l'articolo su @business, e a @a16z, @lightspeedvp, @Venrock, @neo e @contrary per il continuo supporto.
E benvenuta, @janatindex nel consiglio.
39,64K
1/ I sistemi di registrazione sono la spina dorsale di molte aziende, soprattutto quando memorizzano dati preziosi sui clienti e sui potenziali clienti (Salesforce genera 35 miliardi di dollari all'anno in fatturato!). Ma l'IA sta stravolgendo il ciclo di vendita, ridefinendo cosa significa vendere. I CRM e altri strumenti di vendita possono ora avere molto più contesto, e il contesto è ciò che gli esseri umani usano per prendere decisioni. @joeschmidtiv e io analizziamo cosa significa questo per il futuro delle vendite e del software.
115,47K
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