<ul><li>Rillet, a startup leveraging AI, has raised a $25 million Series A funding led by Sequoia Capital for automating general ledger systems.</li><li>Rillet's software uses machine learning to automate accounting reports, enabling finance teams to close monthly books in hours instead of weeks.</li><li>The company has grown five-fold in revenue since its product launch and acquired nearly 200 customers, including fast-growing companies like Windsurf and Decagon.</li><li>Rillet competes with legacy platforms like NetSuite, offering a painless installation process and targeting mid-size companies with its AI and machine learning technology.</li></ul>

Rillet raises $25M from Sequoia to automate general ledger systems using AI

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