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 Agu, 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!
Jika Anda bertanya kepada CFO apa pendapat mereka tentang ERP mereka, kemungkinan besar Anda akan mengerang. 10+ hari untuk tutup. Tim AR/AP yang luas. Alur kerja yang membosankan dirakam di seluruh Excel, Netsuite, dan alat lama. Ini adalah perangkat lunak yang dibuat untuk Windows 95.
Rillet adalah ERP self-driving — dirancang dari bawah ke atas untuk kecepatan, kecerdasan, dan otomatisasi. Ini menggabungkan buku besar modern dengan agen AI yang *secara aktif mengelola* operasi keuangan: rekonsiliasi, pelaporan, peramalan, dan banyak lagi.
ERP lama adalah sistem pencatatan. Rillet adalah sistem tindakan. Ini membantu tim keuangan menutup pembukuan secara instan, menghasilkan dek dewan yang siap untuk investor, dan menjalankan dasbor real-time — semuanya dalam satu platform. Dan pelanggan menyukainya. Rillet telah mendapatkan sambutan hangat dari CFO, pengontrol, dan akuntan staf. Ini akhirnya ERP yang hanya berfungsi. (Tapi jangan percaya kata-kata kami, tonton video peluncurannya!)
Mengapa sekarang? ERP adalah salah satu kategori terbesar dan paling terlambat dalam perangkat lunak perusahaan — pasar $0.5T+ ketika Anda menyertakan perangkat lunak dan lapisan layanan yang mengelilinginya. Dan kami percaya tiga angin belakang menjadikan ini momen yang sempurna:
💡AI adalah tingkat perusahaan: Model dasar sekarang dapat mempertimbangkan kontrak, data, dan alur kerja dengan presisi. 💼 CFO berada di bawah tekanan: Mereka membutuhkan otomatisasi nyata, bukan lebih banyak dasbor. 🧱 Arsitektur baru: Data terpadu + agen composable = keuangan real-time.
Kami telah lama percaya bahwa perusahaan perusahaan ikonik berikutnya tidak hanya akan "menambahkan AI" — mereka akan dirancang ulang di sekitarnya. Rillet persis seperti itu.
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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