Rillet hits $1B in 2 years: $100M Series C led by Iconiq after ARR doubles in a quarter
AI-native accounting startup Rillet raised a $100M Series C led by Iconiq at a $1B valuation, just two years after coming out of stealth. Backed by a16z and Sequoia, the round closed in under 48 hours and follows a doubled ARR in three months, an EY alliance, and 600+ customers. A signal of how fast AI can displace legacy ERP incumbents like NetSuite.