AI-native ERP and general ledger built to replace legacy accounting software.
Rillet builds an AI-native ERP and general ledger 'built by accountants' to replace legacy accounting software, with 200+ customers. Founded around 2021 by Nicolas Kopp (former US CEO of N26) and Stelios Modes, it raised a $70M Series B in August 2025 co-led by Andreessen Horowitz and ICONIQ, for about $100M total; the valuation was reported around $500M but not officially disclosed. In August 2026 Rillet raised a $100M Series C led by ICONIQ at a $1B post-money valuation, reaching unicorn status roughly two years after its public launch. Returning backers Sequoia Capital, Andreessen Horowitz and Oak HC/FT joined alongside new investors Bain Capital Ventures, Sequoia Global Equities, Battery Ventures, FirstMark, Scale Venture Partners and Creandum. The company reports 600+ customers — including Neuralink, Skild AI and Mercor — and doubled new ARR in the three months preceding the round.
Fintech📍 New York, USAFounded 2021
Current Valuation
$1.0B
as of 2026-Q3
UNICORN
QL Price
$1.0B
0% vs last round
QuantLogix's current estimate for Rillet, published 2026-09-22 — in line with the last disclosed round of $1.0B (2026-Q3).
Confidence
low
Basis
round anchored
What backs this price
Last disclosed round
$1.0B
2026-Q3
weight 1
How this price has held up
No round has priced for Rillet since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-09-22 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Rillet, 2026-09-22 (1ccf7ad689eddf77).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
IPO Outlookprivate
Is Rillet going public?
No. Rillet is private and has not filed to go public. There is no S-1 on file.
What is Rillet's valuation in 2026?
Rillet is valued at $1.0B as of 2026-Q3, set by its Series C ($100M, Aug 2026). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Rillet filed an S-1?
No public S-1 is on file for Rillet.
Who are Rillet's investors?
Rillet's investors include Andreessen Horowitz, ICONIQ, Sequoia Capital, Oak HC/FT, Bain Capital Ventures, Sequoia Global Equities and 4 more.
Can you buy Rillet stock?
No. Rillet is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Rillet on its Pre-IPO Access Desk.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Company Profile
CEO
Nicolas Kopp
Founded
2021
HQ
New York, USA
Total Raised
$200M
Growth
600+ customers; new ARR doubled in the three months before the Series C
Last Round
Series C — $100M (Aug 2026) · Lead: ICONIQ
IPO Status
private
Fundraising Status
Series C · $100M · 1 mo ago
privateTotal raised $200M1 disclosed rounds
Funding History
Round
Amount
Date
Lead Investor
Post-Money
Series B
$70M
Aug 2025
Andreessen Horowitz / ICONIQ
—
Vertical Intelligence — AI / ML
No verified Hugging Face organization found for Rillet — no attributable open-model footprint. Closed-weights labs are common; this is a distribution signal, not a capability judgment.
Checked huggingface.co as of 2026-09-18. Re-checked weekly.
Talent Signal
Hiring trend
▲ Hiring uptrend
+42% vs 2026-08
Open roles
34
via ashby
Product-build share
21%
engineering, research, product, design
Trajectory
expanding
go-to-market push — Only 21% of open roles build product — hiring is concentrated in sales/marketing/ops (12 of 34 open roles are sales).
No tracked executive churn; open roles trending up.
Counted from Rillet's live job board as of 2026-09-16; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Founders & Key People
Nicolas KoppStelios Modes
Investors
Andreessen Horowitz · ICONIQ · Sequoia Capital · Oak HC/FT · Bain Capital Ventures · Sequoia Global Equities · Battery Ventures · FirstMark · Scale Venture Partners · Creandum
Products
AI-native ERP / general ledger
Competitors
NetSuite · Sage Intacct · Campfire
fintecherpaccountingaifinance automation
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q3. Refreshed quarterly.