1. Big news from
@RilletHQ !
We are excited to announce our $13.5M funding led by
@firstround and
@creandum , with participation from
@SusaVentures ,
@BoxGroup , Go Global Ventures, Puzzle Ventures and an incredible group of builders, operators and angels.
2. Our investors
We raised $13.5M to build the next generation accounting platform from some of the world's best investors who backed Uber, Square, Notion, Spotify, Klarna, Robinhood, Ramp, Plaid, Palantir, SpaceX, Airbnb and more. We are lucky to have incredible supporters like
@btrenchard,
@specht_p ,
@chadbyers ,
@kevinhartz ,
@scottbelsky ,
@cjc ,
@dvlamoen ,
@spillda , Michael Yip, Edwine Alphonse.
3. What is Rillet
Rillet is the next-gen accounting platform purpose built to automate end-to-end accounting workflows. We pull in metadata from your CRM, billing, AP, payroll and automatically create invoices, bills, journal entries, deferred revenue schedules, prepaid schedules, billing forecasts and many more. 93% of journal entries booked in Rillet to date have been done without a human having ever been involved 🤯.
4. Our customers
We are lucky to have 70+ customers and hundreds of supporters who share our vision of revamping the ERP from the ground up. We are currently helping those in SaaS, usage and AI finance teams across multiple geographies, currencies and entities 🌍. And we are working hard to bring this magical experience to more industries and countries.
5. Who are we
We’re a team of accountants and engineers. We grew frustrated with manual data reconciliation and the arduous implementations and migrations from QBO to Sage, Netsuite and back. We are capable of building reusable rockets 🚀 to space, surely we can build a better accounting and financial system!
6. What is Rillet’s vision
We want to make zero day close a reality. In practical terms, this means continuous close, having your information from CRM, billing, AP, payroll etc all sync’d live instantaneously with your accounting system, and having your numbers, metrics, performance real-time for decision making. No more reporting 10 days after quarter end, report day ZERO.
7. We are hiring
We are in growth mode, check out
rillet.com/careers/ if you share our passion for accounting. If you don’t see a role suitable to your talent and can convince me how you can help move the company forward, drop me a note.
8. Community and events
Join us at community@rillet.com and we look forward to seeing you at our future events.
One step closer to zero day close. Read more in comments below.