Capital AI
AI accounting startup Rillet raises $100 million at $1 billion valuation
Image: Primary AI accounting startup Rillet announced a $100 million Series C at a $1 billion valuation, led by Iconiq, with Andreessen Horowitz and Sequoia returning as investors. Rillet says its platform uses AI to continuously pull information from sources including Salesforce and Brex for finance teams. The company says it has more than 600 customers and has doubled annual recurring revenue in the past three months.
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