Rillet

Yesterday we launched AI Analyst in Rillet - your direct line to your financials. Here's what it means for your accounting team: You can now ask questions, generate reports, run flux analysis, or pull ARR trends - just like you would with your staff accountant or financial analyst. Try it out and let us know what you think!

IN NEWS: Rillet has raised a $70M Series B led by Andreessen Horowitz and ICONIQ. We spoke with Nicolas Kopp about why customers prefer Rillet over legacy players: "We are getting 70% of our customers today coming from QuickBooks and Xero, and 30% coming from NetSuite and Sage Intacct. Despite being newer to the market, our super strong native integrations and unmatched reporting automation attract users." Full conversation with Nicolas is linked in the comments. Technology’s daily show. Follow TBPN on LinkedIn for more.

Rillet CEO and Founder Nicolas Kopp will live on TBPN at 5:05pm ET! Tune in here: https://lnkd.in/e6HD-jmr

We’re excited to share that Rillet has raised a $70M Series B led by Andreessen Horowitz and ICONIQ, with participation from Sequoia Capital, First Round Capital, Creandum, and Oak HC/FT. Just 10 weeks after our Series A, this new funding is a reflection of the incredible momentum we’ve seen since launch and a signal of what’s coming.  When we started Rillet, our goal was simple but ambitious: to rebuild the financial system of record from the ground up, with AI at its core. Not as an add-on, but as a fundamental architectural advantage. Today, Rillet powers accounting operations for hundreds of high-growth companies. We help accounting teams close their books in hours instead of weeks, and give finance leaders the visibility and control they need to move faster, operate smarter, and scale with confidence. With this round, we’ll accelerate product development, expand our AI capabilities, and grow our world-class team across engineering, customer success, and go-to-market. Thank you especially to our angels for your support: Eléonore Crespo, founder of Pigment; Marten Abrahamsen, CFO of Vercel; David Eckstein, CFO of Vanta; Claire Hughes Johnson, ex-COO of Stripe; Casey Woo and FOG Ventures; Amanda Whalen, CFO of Klaviyo; Eric Jenny, CFO at Juniper Square; Greg Henry, CFO at 1Password, and many more. We’re thrilled to have you on board. We’re building the future of accounting, one that’s fast, intelligent, and built for modern finance teams. To those excited about the opportunity ahead, we're hiring! Check out the careers page on our website!

🎉 Welcome to the team Robert Briggs, CPA and Dimitris Kalimeris! Robert brings extensive experience from top-tier firms, Baker Tilly, Moss Adams and CohnReznick where he led complex financial due diligence and advised middle-market companies through high-stakes transactions. As a CPA, Robert pairs technical rigor with client empathy, an ideal fit for our implementations team. He’s passionate about technology, deeply attuned to the evolving challenges of modern finance teams, and excited to help shape the future of accounting with Rillet. Dimitris is an AI genius. He studied algorithms and machine learning at Harvard, and most recently worked at Meta where he built and optimized large-scale ML systems across both research and product teams. His work focused on applied Machine Learning, building resource efficient multi-stage recommender systems. Now at Rillet he’s bringing that knowledge to help us revolutionize the future of AI in accounting. We’re thrilled to have their deep expertise, curious minds, and adventurous spirits on board. Welcome Robert and Dimitris to the Rillet Team!

Feature Highlight: Consolidation Made Easy Managing intercompany transactions across entities, currencies, and policies is one of the most time-consuming parts of the close. It’s prone to errors, difficult to reconcile, and rarely well-documented. Traditional workflows rely on spreadsheets, manual journal entries, and endless back-and-forth to keep things aligned. Rillet changes that: 1️⃣ Set up your intercompany entry: choose the "from" and "to" entities, add the amount, select your accounts and you're off. 2️⃣ Customize it: use a specific FX rate, adjust intercompany accounts or just let Rillet do it. 3️⃣ Rillet generates the full set of balanced journal entries across entities, with eliminations reflected directly in your consolidated P&L. The result: streamlined intercompany workflows, automated eliminations, and consolidated financials you can trust, faster, cleaner, and fully auditable.

At Rillet, we believe that empowering teams with the right tools leads to smarter decisions and better outcomes. Rillet’s AI-native platform is redefining how finance and accounting teams operate, auto-generating insights across systems, orchestrating complex workflows in seconds, and delivering always-on, contextual support. It’s a glimpse into what’s possible when teams are equipped with AI-native tools that help them move faster, operate leaner, and focus on what matters most. Whether you're closing the books, planning scenarios, or answering ad hoc questions from the business, Rillet gives you the clarity and speed you need, without the manual grind.

🎉 Welcoming Two Incredible Teammates to Rillet We’re excited to share that Benjamin C. and Keivan Moallemi have joined the team at Rillet! Ben is joining us to lead Recruiting. He brings extensive experience in scaling companies through hyper-growth, having previously worked at Meta and most recently, GlossGenius. At GlossGenius, he was instrumental in building out the technical recruiting team and expanding the engineering organization during a period of significant growth, directly overseeing searches for critical engineering leadership positions. He’s seen it all across multiple startups through different growth phases to big tech and knows how to build world-class teams from the ground up. We’re lucky to have him help shape how Rillet grows. Keivan joins our Product team. He was most recently at Mosaic, a leading strategic finance platform. Keivan’s a thoughtful product leader with experience across early-stage startups and he brings real accounting fluency which aligns with our mission to build software by accountants, for accountants. He brings strong technical depth, sharp thinking, curiosity, and a product-first mindset that we’re already learning from. We feel so fortunate to be working alongside Ben and Keivan as we continue to grow. If you’re excited about what we’re building, come work with us!