Rillet Secures $25M in Series A Funding to Revolutionize Accounting for Hyper-Growth Companies

Rillet is thrilled to announce that it has successfully raised $25,000,000 in its latest funding round—a major milestone for the company that is revolutionizing the accounting space. As the first accounting platform designed specifically to streamline the workflows of accountants, Rillet offers a powerful alternative to legacy ERPs such as NetSuite and Sage Intacct. This funding will accelerate our mission to replace outdated systems with an innovative solution that supports hyper-growth and scaling companies, like BitWarden, Windsurf, and Postscript, enabling them to enjoy a smarter close through native integrations, automated journal entries, and AI-embedded workflows. With robust multi-entity, multi-currency, and multi-geography capabilities, Rillet is engineered to support diverse industries including SaaS, professional services, ecommerce, and fintech. We proudly integrate with industry-leading solutions like Salesforce, Stripe, Ramp, Brex, and Rippling, while our open API empowers clients to develop custom integrations to further enhance their unique financial ecosystems. Backed by reputable investors such as First Round Capital and Creandum, and operating from offices in both New York and Barcelona, Rillet is well-equipped to meet the growing demands of modern financial teams. The recent capital infusion will be used to further refine our technology, expand our product offerings, and drive an even faster pace of innovation in deterministic accounting and financial operations solutions. This investment not only underscores the confidence our investors have in our vision but also sets the stage for transformative enhancements across the industry, ultimately enabling our customers to embrace a more efficient, data-driven, and automated accounting future.