Rillet, an AI-native accounting platform, just closed a $100M funding round at a $1B valuation—fast, unexpected, and fueled by a nationwide accountant shortage pushing companies toward tech. Since emerging from stealth two years ago, they’ve raised $200M, onboarded 600 clients, and doubled annualized revenue in one quarter. Their partnership with EY signals big-league adoption, proving Rillet’s AI isn’t just for SMBs—it’s scaling to public companies. Designed to augment—not replace—accountants, Rillet’s tools handle grunt work so pros can focus on strategy. With data privacy baked in and regulations lagging, Rillet’s vision is clear: empower the human behind the numbers as AI reshapes finance.
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