AIM logo
Subscribe

Rillet Raises $25M to Cut Financial Close Time from Weeks to Hours

The new funding will enable Rillet to accelerate AI development within its platform while expanding go-to-market and customer support functions
Rillet, an AI-native enterprise resource planning (ERP) platform, announced that it has raised $25 million in Series A funding led by Sequoia Capital. The round comes just 10 months after the company's previous fundraise and includes participation from existing investors First Round Capital, Creandum, and Susa Ventures, along with notable angel investors including former NetSuite CFO Ron Gill and former Twilio CFO Lee Kirkpatrick. The San Francisco-based startup is tackling one of enterprise software's most entrenched problems: outdated financial systems that prevent companies from fully leveraging artificial intelligence. Many accounting teams today still rely on legacy ERP systems and tools dating back to the 1990s, including products like NetSuite that have become slow, manual, and b
Subscribe or log in to Continue Reading

Uncompromising innovation. Timeless influence. Your support powers the future of independent tech journalism.

Subscribe

Already have an account? Sign In.

📣 Want to advertise in AIM Media House? Book here >

Picture of Upasana Banerjee
Upasana Banerjee
Upasana is a Content Strategist with AIM Research. Prior to her role at AIM, she worked as a journalist and social media editor, and holds a strong interest for global politics and international relations. Reach out to her at: upasana.banerjee@analyticsindiamag.com
25 July 2025 | 583 Park Avenue, New York
MachineCon 2025
The Biggest Exclusive Gathering of CDOs & AI Leaders In United States
View Event >>
Most Popular
From Enterprise AI
From AI Startups
From Leadership

Subscribe to our Newsletter: AIM Research’s most stimulating intellectual contributions on matters molding the future of AI and Data.

Boston CDO Vision-Popup