Rillet hits $1B valuation with $100M Series C, two years after stealth exit

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AI-native accounting startup Rillet has raised $100 million in a Series C funding round, achieving unicorn status with a $1 billion valuation. The round was led by investment firm ICONIQ. The milestone comes just two years after the company emerged from stealth mode. Rillet credited strong momentum for the raise, noting it had doubled its annual recurring revenue over the past three months.

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