Rillet Secures $100M Series C Funding, Achieves $1B Valuation Two Years After Stealth Launch

AI-native accounting startup Rillet has reached unicorn status with a $100 million Series C funding round led by Iconiq. The company achieved a $1 billion valuation following a rapid doubling of its annual recurring revenue (ARR) in the last three months since emerging from stealth mode two years ago.