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Marc Andrusko
Parceiro de investimento B2B + outros @a16z Marc A | @Plaid @GoldmanSachs anterior | não vou descansar até que eu ganhe o concurso de legenda de desenho animado @NewYorker.
Marc Andrusko repostou
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 $100M in ARR and four entities, now closes their books in three days. These are the kinds of results we hold ourselves to.
We’ve also partnered with some of the largest and best accounting firms in the country, including @Armanino_HQ, @wissllp and Attivo. The whole industry has been begging for change for decades. With Rillet, it’s here.
This round came together very quickly. The first call happened while I was eating a tuna sandwich in SF (I did not finish it). Three days later, we had a signed term sheet. It was a reflection of the momentum we’re seeing both in the product and in the market. Since announcing our Series A just weeks ago, we’ve already doubled our ARR.
None of this would be possible without our team of accountants and engineers. A few months ago, I was still jumping on support calls to help customers. Today, our implementation, success, and product teams are delivering outcomes with the same speed and care that got us here. We originally booked an offsite to celebrate the Series A. In classic Rillet speed fashion, it’s now an A + B celebration. It’s proof of how fast things can move when customers love the product and a reminder of how much this team has earned the chance to celebrate together.
We’re fortunate to welcome @a16z and @ICONIQCapital to the table. @arampell, @seema_amble, @mandrusko1 and @slpierre, @skstebbins bring clarity, urgency and deep conviction about the future of AI and finance.
We’re also grateful to have continued support from our early partners @sequoia, @firstround, @creandum who believed in us from the start, and excited about working with @oakhcft and @FogVentures.
To the Rillet team, again - thank you for building with care, focus, and speed. To our customers - thank you for pushing us, trusting us, and helping shape the product. We are honored to serve you.
Let’s go!
237,01K
Marc Andrusko repostou
Primeiro tweet de todos os tempos. Espero que a Série C não seja a segunda.
A @_MomentHQ levantou uma Série B de US$ 36 milhões liderada pela @indexventures para automatizar o mercado de renda fixa de US$ 150 trilhões.
Também estamos anunciando nossa parceria com a LPL Financial, a maior corretora dos EUA.
Nossa equipe automatizou a negociação de títulos na Citadel e na Jane Street - agora montamos uma equipe de classe mundial para potencializar todos os fluxos de trabalho de missão crítica em renda fixa.
Obrigado @PaigeSmithNews pelo artigo em @business e a @a16z, @lightspeedvp, @Venrock, @neo e @contrary pelo apoio contínuo.
E bem-vindo, @janatindex ao conselho.
39,64K
1/ Os sistemas de registro são a espinha dorsal de muitas empresas – especialmente quando armazenam dados valiosos de clientes e clientes em potencial (a Salesforce fatura US$ 35 bilhões por ano na linha superior!). Mas a IA está virando o ciclo de vendas de cabeça para baixo, redefinindo o que significa vender. CRMs e outras ferramentas de vendas agora podem ter muito mais contexto, e contexto é o que os seres humanos usam para tomar decisões. @joeschmidtiv e eu detalhamos o que isso significa para o futuro das vendas e do software.
115,46K
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