Rillet raised $13.5M in a Series A round led by First Round Capital and Creandum to expand their team and support new customers in various verticals.
Rillet raised $13.5M in a Series A round led by First Round Capital and Creandum to expand their team and support new customers in various verticals.
07/29/24, 11:23 AM
Location
new yorkMoney raised
$13.5 million
Industry
financial services
software
Round Type
series a
Investors
Kevin Hartz, Chad Byers, Creandum, First Round Capital
Rillet has secured $13.5 million in funding to enhance its team and cater to new customers in sectors ranging from e-commerce to fintech. The funding round attracted prominent investors, including First Round Capital and Creandum, alongside individual investors.
Company Info
Location
new york, new york, united states
Additional Info
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.
Rillet takes care of multiple geographies and currencies, consolidating multiple entities with ability to report in multiple currencies.