Co-led by Andreessen Horowitz and ICONIQ, with participation from Sequoia, Oak HC/FT and earlier investors, this round comes just 10 weeks after Rillet announced a $25m Series A round from Sequoia, now bringing the company’s total funding raised under a year to over $100 million as it races to replace outdated systems like NetSuite and Intacct.

In conjunction with the new funding, Andreessen Horowitz General Partner, Alex Rampell and ICONIQ General Partner, Seth Pierrepont are joining the board.

Since launch, Rillet has signed over 200 customers and doubled its ARR over the past 12 weeks. The rapid growth has also resulted in strategic partnerships with many of the nation’s top accounting firms like Armanino (top 20) and Wiss (top 50).

The investment accelerates the company’s mission to rebuild enterprise accounting from the ground up, giving finance leaders the ability to scale multi-billion dollar companies with teams a fraction of the size.

“As US CEO of N26, I experienced firsthand how frustrating it was to wait weeks for critical business metrics,” said Nicolas Kopp, CEO and co-founder of Rillet. “My finance team was world-class, but simple requests took weeks because the systems were stuck in the past. I knew there had to be a better way.” 

That conviction led Kopp to partner with Stelios Modes, the technical architect behind N26’s payment infrastructure, to completely rethink what enterprise accounting could become.

The transformation they envisioned is now a reality. PostScript, a unicorn with over $100 million in ARR and global operations, closes its books in just three days using Rillet. Windsurf, one of the fastest-growing companies in recent memory, runs its entire finance operation with a lean team of two people.

Customers consistently report cutting their close times to just a few days while implementing Rillet as fast as 4 weeks vs the 12 months required in traditional systems.

Rillet’s breakthrough lies in how it redefines financial systems architecture. Legacy ERPs are, at their core, “limited databases”. They store transactions, but the real work happens in spreadsheets and bolt-on analytics tools.

Rillet flips that model. It starts with native integrations, which enable structured data to flow into their smart general ledger.

AI is then applied directly within the system, empowering finance teams to collaborate in real time, automate workflows natively and get insightful reporting the moment something happens, not days or weeks later.

Although accounting is the single biggest category in enterprise software –  a $500B+ global market that nearly every company on Earth depends on –  the space is dominated by incumbents owned by slow-moving conglomerates: NetSuite by Oracle, Intacct by Sage, Dynamics by Microsoft. Even more recent players like Acumatica are being folded into private equity portfolios. 

Rillet is a clean-slate rethink for this new era – built for speed, intelligence, and scale. And unlike those legacy platforms, Rillet is built by accountants.

Its Chief Product Officer is a former EY controller; the Head of Customer Success came from PwC; and the VP of Implementations is a CPA and former customer. This DNA shows up in every workflow, every implementation, and every customer result.

“Finance teams deserve the same AI advantages that have revolutionised sales, engineering, and legal,” said Alex Rampell, general partner at Andreessen Horowitz. 

While Seema Amble, Partner at Andreessen Horowitz added: “Rillet is delivering that transformation by rebuilding ERP infrastructure specifically for the AI era. We’re excited to support their vision as they scale to serve the next generation of high-growth companies.” 

“In our view, Rillet is not just modernising accounting software, it’s redefining what finance teams can achieve when freed from outdated systems,” said Seth Pierrepont, general partner at ICONIQ. 

“Their AI-native approach can give companies a clear edge: faster insights, leaner teams, and smarter decisions. We believe Rillet will become foundational infrastructure for the next generation of category-defining businesses.”

The timing here is critical. The accounting industry is facing a major talent crunch, with 75% of accountants expected to retire in the next 15 years. At the same time, 80% of routine financial operations could be automated according to Accenture. 

Rillet sits right at this crossroads, creating a new platform shift in how humans and AI work together in finance. The result is transformative: finance teams get more done with fewer people, while shifting their focus from manual grunt work to strategic analysis that actually moves the needle for their business.

Looking ahead, Rillet’s plan is to expand its AI capabilities and deepen integrations across the financial technology stack. The team’s ultimate vision extends far beyond automation; they’re building towards a collaborative platform where AI agents and human expertise work together to transform how businesses understand and manage their financial performance. 

“Our customers are building the companies that will define the next decade of business,” Kopp concluded. “We’re building the infrastructure that will take them there and redefine what’s possible when finance teams have truly modern tools.”

With several customers expected to go public on Rillet’s platform in the next 6-12 months, the company is set to prove that today’s most ambitious businesses can scale from startup to IPO on truly AI-native financial infrastructure – signaling the first major shift in years in how companies run, and win, with finance.

Yet many manufacturers remain stuck with outdated ERP systems that were never built for their pace or precision. Bonx, a French startup building operational software for European industry, is changing that. 

Today, the company announced an $8.6 million seed round led by 9900 Capital, with participation from Kima Ventures, Purple, OSS Ventures, and Dynamo Ventures.

Founded in 2022 by Alexandre Barroux and Rémi Beges within OSS Ventures, Bonx is a modern ERP platform purpose-built for manufacturing. 

By combining no-code configuration, advanced AI capabilities and rapid deployment, the company enables mid-market manufacturers to digitise operations in weeks, not years. 

Bonx integrates seamlessly into existing environments, offering visibility and control across production, logistics, procurement, and quality, without replacing core finance or CRM systems. 

The platform is already being used by a growing number of French, Italian and Spanish manufacturers, including suppliers to Décathlon and emerging brands like French Bloom.

“Our mission remains clear: empower manufacturers to simplify and take control of their operations through technology that adapts to their precise needs,” said Alexandre Barroux, CEO of Bonx. 

“This funding propels us into our next phase – becoming Europe’s definitive ERP leader for mid-sized manufacturers, expanding our successful model from France into new key markets, while scaling in Italy and Spain.”

Unlike traditional ERP deployments, which often drag on for months or years and require expensive consultants, Bonx is designed to go live fast and evolve with the shop floor. 

Customers report full rollouts in as little as three to ten weeks, along with measurable improvements in traceability, purchasing workflows, and inventory coordination. 

The software’s modular, visual interface makes it intuitive for operators and supply chain teams – not just IT departments – and its adaptability means factories can shape the system to fit their actual processes, not the other way around.

The urgency is real. Across France, Germany, Italy, and Spain, mid-sized manufacturers are facing growing technical and operational complexity. Shifting regulations, fragmented supplier networks, and ambitious sustainability targets are all increasing the pressure to modernise. 

Yet many of the ERP platforms still in use across Europe were built for a different era – rigid, opaque, and unable to keep up with evolving demands. Even basic changes to workflows often require custom development. 

As a result, too many industrial teams are still managing high-stakes operations in spreadsheets, or locked into systems that were never designed for speed or interoperability.

Bonx steps into this gap with a platform built precisely for the complexity of modern European industry, allowing manufacturers to gain operational clarity fast without ripping out existing systems. 

Their company reflects a broader shift in how Europe’s industrial backbone is being rebuilt – not just with machines, but with software that understands how production actually runs.

“By focusing exclusively on manufacturing and supply-chain operations, we’ve built Bonx to integrate effortlessly with existing tools, particularly general ledgers and CRM solutions that our customers already rely on and love,” said Rémi Beges, CTO of Bonx. 

“Manufacturers don’t have to replace the systems they’re accustomed to; Bonx complements and enhances their stack and acts as their operational backbone.”

Investor appetite mirrors the urgency playing out on factory floors. “Bonx is redefining the ERP landscape by combining extraordinary implementation speeds with genuinely impactful AI-driven capabilities, driving enormous efficiencies within an industry plagued by legacy software,” commented Juliette Sylvain, Principal at 9900 Capital.

“We are excited to support Bonx as it sets a new industry standard and scales across Europe.”

With this new funding, Bonx will grow its team, deepen its product, and scale in Italy and Spain, two of Europe’s most important manufacturing economies, where Bonx is already present. 

The company sees clear demand for fast, modern ERP solutions that respect the way factories already work, while unlocking smarter, more connected operations. 

Over time, Bonx aims to become the foundational layer for industrial execution across the continent, offering a new kind of digital infrastructure that scales with production, not against it.