Rillet Raises $70M in Series B

Rillet has successfully raised $70M in a Series B led by Andreessen Horowitz, Iconiq Capital.

Company Overview

Rillet is a Fintech company headquartered in Palo Alto, CA, founded in 2021 with 100+ employees.

AI-native ERP software platform for CFOs and accounting teams

Fundraising Details

• Amount Raised: $70M
• Round Type: Series B
• Date: 2025-09-16
• Investors: Andreessen Horowitz, Iconiq Capital

About Rillet

AI-native ERP software platform for CFOs and accounting teams The company is positioned in the Fintech sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Palo Alto, CA
• Founded: 2021
• Team Size: 100+
• Industry: Fintech

What This Means

This funding round demonstrates strong investor confidence in Rillet's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Fintech sector continues to attract significant investment as companies innovate to meet evolving market demands. Rillet's successful fundraising reflects the strong fundamentals and growth potential in this space.

Looking Ahead

With this new capital, Rillet is well-positioned to execute on its growth strategy and continue building innovative solutions in the Fintech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2025-09-16. For more information about Rillet, visit their headquarters at Palo Alto, CA.