Rillet raises $100mn at a $1bn valuation to put AI agents inside the general ledger

Rillet, an AI-focused startup transforming corporate accounting, raised $100 million at a $1 billion valuation in a Series C round led by ICONIQ. The company offers an AI-native ERP system that automates financial operations within the general ledger, serving over 600 customers including public companies and AI firms. Rillet's technology aims to replace legacy ERP systems by enabling AI agents to perform and review accounting tasks in real time, reflecting rapid growth and adoption across varied