- Rillet is an AI-native ERP platform based in San Francisco, California, designed to modernize finance and accounting processes for product businesses, positioning itself as a competitor to traditional tools from Oracle and Microsoft.
- In the past year, Rillet raised a total of $95 million in funding, including a $70 million Series B round co-led by Andreessen Horowitz and ICONIQ in August 2025, and has doubled its annual recurring revenue (ARR) over the last 12 weeks.
- Rillet has formed strategic partnerships with Cin7 to integrate inventory management and financial operations, and has secured over 200 customers, including notable accounting firms like Armanino.
- Rillet's ideal buyers are high-volume, multi-entity businesses looking to transition from legacy accounting software, as it offers a streamlined, AI-driven solution that reduces manual work and accelerates financial reporting.
Rillet's workforce is organized into 10 departments, with Finance (6 employees), Sales (5 employees), and Human Resources (4 employees) being the largest. This structure reflects a balanced approach to operational support and revenue generation. The presence of specialized departments such as Community and Social Services, alongside traditional functions, indicates a commitment to diverse operational capabilities. Overall, the department mix supports a robust software development environment.
Rillet operates across 13 locations, with the highest employee concentration in New York, NY (8 employees), followed by San Francisco, CA (5 employees) and Chicago, IL (3 employees). The distribution suggests a strong presence in major urban centers, while the 'Other' category, comprising 11 employees, indicates a significant remote or distributed workforce. This geographic spread allows for flexibility and access to diverse talent pools, enhancing the company's operational reach.
