Rillet raises $100M Series C at $1B valuation

Rillet, an AI-native accounting startup, has raised $100M in Series C funding and achieved unicorn status with a $1B valuation, just two years after emerging from stealth. The round was led by ICONIQ Capital and comes on the heels of the company doubling its annual recurring revenue in the past three months, demonstrating rapid market traction and strong business momentum.