Rillet, the AI accounting startup, just closed a $100M Series C round at a $1B valuation—led by Iconiq and backed by Andreessen Horowitz and Sequoia—with funding secured in under two days. Their AI automates financial bookkeeping by pulling data from Salesforce, Brex, and more, slashing manual work. Already serving 600+ companies, their ARR doubled in three months, fueling investor frenzy. Despite no prior plans to raise, momentum exploded after partnering with EY, turning the general ledger into the central hub for finance ops—a major leap in enterprise software.
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