Accounting Automation Platform Rillet Raises $70M in Series B Funding

SaaSPlatforms
Written By Rick Watson

Rillet is an AI-native accounting platform designed to automate financial workflows for complex revenue models, acting as a replacement for traditional Enterprise Resource Planning (ERP) systems.

Automated accounting fintech platform Rillet has announced that it has raised $70 million in Series B funding that will be invested in product development and hiring of developers and talent.

Rillet: Rillet raises $70M Series B from Andreessen Horowitz and ICONIQ

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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