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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.
👇

6 aug. 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!
Om du frågar en CFO vad de tycker om sitt ERP är chansen stor att du får ett stön. 10+ dagar att stänga. Spretiga AR/AP-team. Tråkiga arbetsflöden tejpade över Excel, Netsuite och äldre verktyg. Det är programvara byggd för Windows 95.
Rillet är ett självkörande affärssystem som är utformat från grunden för snabbhet, intelligens och automatisering. Den kombinerar en modern huvudbok med AI-agenter som *aktivt hanterar* ekonomioperationer: avstämning, rapportering, prognoser och mer.
Äldre ERP-system är registersystem. Rillet är ett verkningssystem. Det hjälper ekonomiteam att stänga böcker direkt, skapa investerarklara styrelsepresentationer och köra instrumentpaneler i realtid – allt på en och samma plattform. Och kunderna älskar det. Rillet har fått strålande recensioner från både ekonomichefer, controllers och personalrevisorer. Det här är äntligen ERP som bara fungerar. (Men ta inte vårt ord för det, titta på lanseringsvideon!)
Varför nu?
ERP är en av de största och mest försenade kategorierna inom företagsprogramvara – en marknad på 0,5 biljoner dollar+ när du inkluderar både programvara och tjänstelagret som omger den. Och vi tror att tre medvindar gör detta till det perfekta ögonblicket:
💡AI är i företagsklass: Grundläggande modeller kan nu resonera kring kontrakt, data och arbetsflöden med precision.
💼 CFO:er är under press: De behöver verklig automatisering, inte fler instrumentpaneler.
🧱 Ny arkitektur: Enhetliga data + komponerbara agenter = ekonomi i realtid.
Vi har länge trott att nästa ikoniska företag inte bara kommer att "lägga till AI" – de kommer att omstruktureras kring det. Rillet är precis det.
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!
Inget av ovanstående bör ses som investeringsrådgivning; Mer information finns här
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