RSM and Rillet Bring Agentic Finance to the Middle Market
Rillet, the Agentic ERP, and RSM US LLP (“RSM”), the leading provider of consulting, tax and assurance services for the middle market, today announced a strategic alliance to help clients transform financial infrastructures for the AI era. Together, RSM and Rillet modernize fragmented finance systems to strengthen data and controls, streamline manual processes and prepare teams to use AI-native capabilities that automate routine accounting workflows, close faster and reduce the month-end scramble.
Rillet Raises $100M Series C at $1B Valuation to Build Accounting Superintelligence
Rillet, the AI-native ERP (enterprise resource planning) platform for modern finance teams, today announced a $100 million Series C led by ICONIQ at a $1 billion valuation, with participation from Sequoia, Andreessen Horowitz, Sequoia Global Equities, Bain Capital Ventures, Oak HC/FT, Battery Ventures, FirstMark, Scale Venture Partners, and Creandum. The round is Rillet’s third in the last year and brings total funding to more than $200 million.
Rillet and Cin7 Announce Strategic Partnership to Bring AI-Native Accounting to Product Businesses
Rillet, the leading AI-native ERP, and Cin7, the leading global, cloud inventory management platform, today announced a strategic partnership to connect inventory operations and financial management for brands, wholesalers, and omni-channel retailers, bringing together the operational depth of Cin7 and the power of Rillet’s AI-native general ledger.
Rillet raises $70M to replace 20th-century accounting software with AI-native ERP built by accountantsThe AI-native ERP platform secures backing from Andreessen Horowitz and ICONIQ, bringing total funding to over $100M in one year.
