Rillet raises $100M Series C at $1B valuation — 2 years after emerging from stealth

Rillet secured a $100 million Series C at a $1 billion valuation, led by Iconiq, with Andreessen Horowitz and Sequoia participating again. The AI-driven ERP platform, which automates data extraction from sources such as Salesforce and Brex, now serves over 600 companies and has doubled its ARR in the last three months. Including prior rounds, Rillet has raised more than $200 million since emerging from stealth in 2024.