Rillet, an AI startup transforming ERP with automation-first accounting tools for SaaS firms, raised $70M Series B, adding board members as it scales operations and strengthens partnerships with top accounting firms.
Rillet announced a $70M Series B funding round led by Andreessen Horowitz and ICONIQ, following a $25M Series A in May led by Sequoia Capital. The San Francisco-based AI startup, now with total funding over $100M, has signed over 200 customers, doubled its ARR in 12 weeks, and appointed board members Seth Pierrepont and Alex Rampell to drive its mission of transforming ERP for SaaS firms.