Tech Company Financing Transactions
Rillet Funding Round
On 5/29/2025, Rillet secured $25 million in Series A investment from Sequoia Capital.
Transaction Overview
Company Name
Announced On
5/29/2025
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series A
Investors
Sequoia Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to further accelerate the development and deployment of AI within the platform and to further build out the go-to-market and customer support functions.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
3175 Hanover Street
Palo Alto, CA 94304
USA
Palo Alto, CA 94304
USA
Phone
Undisclosed
Website
Email Address
Overview
Rillet is the first accounting platform made to tailor fit the workflows of accountants. Through curated native integrations, deterministic algorithms as well as AI, Rillet pulls in metadata from your tech stack, interprets them and automatically books journal entries, sends invoices, creates deferred revenue waterfall, prepaid schedule, and generates financial metrics real-time.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nic Kopp
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