About Rillet
Rillet is a company based in New York (United States) founded in 2021. It operates as a SaaS (Software-as-a-Service), and AI-as-a-Service. Rillet has raised $108.5 million across 3 funding rounds from investors including First Round Capital, Creandum and Kevin Hartz. Rillet offers products and services including Rillet ERP, Aura AI, and Multi-Entity Accounting. Rillet operates in a competitive market with competitors including Intuit, Visma, Clear, Wave and Xero, among others.
- Headquarter New York, United States
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Gnau Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$108.5 M (USD)
in 3 rounds
-
Latest Funding Round
$70 M (USD), Series B
Aug 06, 2025
-
Investors
First Round Capital
& 11 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Rillet
Rillet offers a comprehensive portfolio of products and services, including Rillet ERP, Aura AI, and Multi-Entity Accounting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-native ERP automates accounting for complex revenue models.
AI tool assists with financial data synthesis tasks.
Automates multi-currency and multi-entity financial consolidation processes.
Unlock access to complete
Funding Insights of Rillet
Rillet has successfully raised a total of $108.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $70 million completed in August 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $70.0M
-
First Round
First Round
(29 Jul 2024)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2025 | Amount | Series B - Rillet | Valuation | Andreessen Horowitz , Iconiq Capital | |
| May, 2025 | Amount | Series A - Rillet | Valuation | Sequoia Capital | |
| Jul, 2024 | Amount | Series B - Rillet | Valuation | First Round Capital , Creandum |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Rillet
Rillet has secured backing from 12 investors, including venture fund and angel investors. Prominent investors backing the company include First Round Capital, Creandum and Kevin Hartz. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
US focused seed and early-stage VC firm
|
Founded Year | Domain | Location | |
|
Venture capital investments and support services are offered to early-stage tech startups.
|
Founded Year | Domain | Location | |
|
Sequoia Capital is engaged in venture capital investments.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Rillet
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Rillet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rillet Comparisons
Competitors of Rillet
Rillet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Intuit, Visma, Clear, Wave and Xero, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Financial and accounting software is developed for businesses and individuals.
|
|
| domain | founded_year | HQ Location |
Cloud-based ERP software is provided for business management across segments.
|
|
| domain | founded_year | HQ Location |
Technology-enabled accounting and finance solutions are offered for SMBs.
|
|
| domain | founded_year | HQ Location |
Web-based accounting software is offered for business use.
|
|
| domain | founded_year | HQ Location |
Cloud-based accounting and payment management is offered for small businesses.
|
|
| domain | founded_year | HQ Location |
Cloud-based invoicing and accounting software is offered for businesses.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Rillet
Frequently Asked Questions about Rillet
When was Rillet founded?
Rillet was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Where is Rillet located?
Rillet is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Rillet a funded company?
Rillet is a funded company, having raised a total of $108.5M across 3 funding rounds to date. The company's 1st funding round was a Series B of $13.5M, raised on Jul 29, 2024.
What does Rillet do?
Rillet is established as an AI-native ERP platform designed to automate complex accounting processes. It is focused on supporting multi-entity setups and intricate revenue recognition models across various industries such as technology, professional services, financial services, e-commerce, healthcare, and non-profits. Solutions provided by Rillet include automated general ledger, accounts receivable, accounts payable, bank reconciliation, and GAAP reporting. The platform is built to serve businesses of all sizes, from startups to enterprises, ensuring scalability and real-time financial insights. Integration with existing technology stacks is facilitated, enhancing operational efficiency for finance teams.
What products or services does Rillet offer?
Rillet offers Rillet ERP, Aura AI, and Multi-Entity Accounting.
Who are Rillet's investors?
Rillet has 12 investors. Key investors include First Round Capital, Creandum, Kevin Hartz, Chad Byers, and Sequoia Capital.