FundedIQ
Artificial Intelligence

Rillet: Funding, Investors & Team (Oct 2026)

Rillet is a cutting-edge ERP system that uses artificial intelligence to streamline accounting processes for intricate revenue structures, leading to quick financial closings and ensuring accuracy. This software addresses all accounting and financial requirements such as invoicing, revenue recognition in compliance with GAAP standards, automatic bank reconciliations, expense recognition based on accruals, real-time SaaS metrics, and various analytical features. Rillet supports multiple entities, regions, and currencies, enabling consolidated reporting across different currencies all within a single platform.

www.rillet.com LinkedIn Palo Alto, United States 101-250 employees Founded 2021
Accounting Artificial Intelligence (AI) Enterprise Resource Planning (ERP) Finance Financial Services FinTech SaaS B2B
Total raised
$170M
Rounds
2
Latest
Series C
Aug 2026

Rillet has raised $170M across 2 funding rounds on record, the most recent a Series C of $100M announced in Aug 2026.

That round is above the $6.0M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.

Rillet Company Profile and Key Stats

Total funding raised
$170M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series C
$100M in Aug 2026
Employees
101-250
reported band
Founded
2021
Headquarters
Palo Alto, United States
Investors on record
27
5 named below

Latest funding round on record: Aug 2026.

Rillet Funding Rounds

Date
Round
Amount
Series C
$100M
Series B
$70.0M

Rillet raised $70.0M in a Series B announced in Aug 2025.

1 years later, a Series C of $100M was announced in Aug 2026.

Rillet Investors

Andreessen Horowitz Sequoia Capital Oak HC/FT FirstMark Battery Ventures

27 investors are recorded in total; the 5 named above are those the record identifies.

Rillet Founders and Leadership Team

Name
Role
Contact
Stelios Modes
CTO & Founder
Locked
Sami Lin
Executive Assistant to Founder & CEO
Locked
Nicolas Kopp
Founder
—

Contact details for the Rillet team: 2 of 3 have an email address on file, 2 have a LinkedIn profile.

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Rillet Funding Compared to Other Artificial Intelligence Startups

Segment
Companies
Median round
30,319
$7.7M
1,877
$60M

Rillet's latest round of $100M is above the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.

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Rillet Funding FAQs

What does Rillet do?

Rillet is a cutting-edge ERP system that uses artificial intelligence to streamline accounting processes for intricate revenue structures, leading to quick financial closings and ensuring accuracy. This software addresses all accounting and financial requirements such as invoicing, revenue recognition in compliance with GAAP standards, automatic bank reconciliations, expense recognition based on accruals, real-time SaaS metrics, and various analytical features. Rillet supports multiple entities, regions, and currencies, enabling consolidated reporting across different currencies all within a single platform.

How much funding has Rillet raised?

Rillet has raised $170M across 2 rounds on record. The most recent is a Series C of $100M announced in Aug 2026.

When did Rillet last raise funding?

Rillet's most recent funding round on record is a Series C of $100M, announced in Aug 2026.

Who has invested in Rillet?

Investors on record for Rillet include Andreessen Horowitz, Sequoia Capital, Oak HC/FT, FirstMark, Battery Ventures. FundedIQ records 27 investors in total.

Who founded Rillet?

FundedIQ lists Stelios Modes (CTO & Founder), Sami Lin (Executive Assistant to Founder & CEO), Nicolas Kopp (Founder) at Rillet.

Where is Rillet headquartered?

Rillet is based in Palo Alto, California, United States.

How many employees does Rillet have?

Rillet is in the 101-250 employee band.

When was Rillet founded?

Rillet was founded in 2021.

How does Rillet's funding compare to other Artificial Intelligence startups?

Rillet's latest round of $100M is above the $6.0M median round size for Artificial Intelligence companies on FundedIQ across 7,243 tracked companies over the last two years.

About FundedIQ's Rillet Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Rillet is left off this page rather than filled in.

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