AI accounting startup Rillet completes $100 million Series C funding round, reaching a valuation of $1 billion

Odaily News: AI-native accounting platform Rillet has completed a $100 million Series C funding round, reaching a valuation of $1 billion. The round was led by ICONIQ, with participation from Sequoia Capital, a16z, Oak HC/FT, and others. Rillet has completed three funding rounds over the past year, bringing its total funding to over $200 million.

Rillet primarily uses AI agents to automate enterprise accounting and financial operations, and currently serves more than 600 clients, including Neuralink, Skild AI, and Mercor. (Fortune)