Rillet: Reimagining the General Ledger ERP for the AI Era

ICONIQ Capital announces its co-leadership of Rillet's Series B funding round alongside a16z, backing the company's AI-native general ledger platform that automates critical finance workflows. Rillet has achieved 200+ customers and doubled ARR quarter-over-quarter since emerging from stealth in 2024, positioning itself as a modern alternative to legacy ERP systems. The platform combines robust accounting capabilities with AI-powered automation and agentic workflows to transform how finance teams operate.