Partnering with Rillet: The Financial ERP for the AI Age

• Legacy GL (NetSuite, Sage) still dominates despite 30+ years of fintech.
  • Month-end close takes 15–20 days; requires 10+ specialists.
• Rillet builds AI-native ERP targeting the NetSuite–QuickBooks gap.
  • “Zero-day close” and “one-person Finance function” as design goals.
• Founders Nicolas Kopp + Stelios Modes: ex-N26, lived the GL pain at scale.
• Deployment: weeks vs. six months for legacy ERPs.
• Traction: Windsurf, Decagon as customers; NPS >70, perfect G2 score.
• Sequoia leading Series A; roadmap targets agentic audits, accruals, recon.

X discourse

• @ICONIQCapital: “We co-hosted a dinner with @RilletHQ, bringing together finance leaders from AI ecosystem” (6 likes)
• @katiekirsch: “Open roles at @RilletHQ and other top startups in new media list from @a16z.” (159 likes)
• @grosen: “Nice to see @BoxGroup portfolio incl. @RilletHQ featured on ET30.” (28 likes)
• @HainaPatricia: “AI-native ERP for finance teams. Gap between QuickBooks & NetSuite. Perfect timing.” (0 likes)
• @griffith_will: “Congrats to @RilletHQ on Enterprise Tech 30. Thoughtful builders, real execution.” (1 likes)

Julien Bek & Roelof Botha — Sequoia Capital · 2025-05-28 · Read on sequoiacap.com