Rillet, a San Francisco-based startup founded in 2024, has raised $100 million in a Series C round at a $1 billion valuation, bringing its total funding to over $200 million in 14 months. The company'…
Rillet, an AI accounting software maker, raised $100 million in a Series C round led by ICONIQ, valuing the company at $1 billion after its annualized revenue rate doubled in one quarter. The company,…
Rillet, an AI-native accounting platform, raised $100 million in Series C funding at a $1 billion valuation, led by ICONIQ, bringing total funding above $200 million. The company, which emerged from s…
Rillet, an accounting automation startup, raised $100 million in Series C funding at a $1 billion valuation, doubling its valuation from its $70 million Series B in August 2025. The company, founded b…
Rillet, an AI-native accounting startup, has raised $100 million in a Series C funding round at a $1 billion valuation, bringing its total funding to over $200 million. The round was led by ICONIQ wit…
Rillet, a two-year-old AI-native accounting startup, has raised a $100 million Series C at a $1 billion valuation, led by ICONIQ with participation from Sequoia Capital, Andreessen Horowitz, Oak HC/FT…
AI is eroding the traditional high-margin economics of software, with average gross margins on AI products projected at 52% in 2026, down from the 75-85% baseline of traditional SaaS, according to sur…
K2 Space raised a $500 million Series D at a $6.8 billion valuation, led by Kleiner Perkins and ICONIQ, with participation from Alphabet's CapitalG, Lightspeed, and ARK Invest, to scale its large, hig…
Design startup Paper closed a $34 million Series A on July 23, led by Accel and ICONIQ, to build a platform where HTML and CSS are the native design language, directly challenging Figma's proprietary …
SaaS companies should stop pushing for multi-year contracts in the Age of AI, as shorter contracts become the norm. According to ICONIQ's 2026 data, three-year contracts dropped from 28% of new logos …
Paper, a design software startup founded by Stephen Haney, raised a $34 million Series A co-led by Accel and ICONIQ, bringing its total funding to $38.5 million. The company offers a professional desi…
ICONIQ's 2026 GTM benchmark report reveals top-quartile enterprise account executives now carry $2.25M annual quotas, with mid-market at $1.35M and SMB at $750K, driven by AI-enhanced pipeline generat…
AI-native gross margins reached about 52% in 2026, up from 41% in 2024 (ICONIQ), but still short of the 70-90% that classic software earns, as agents reshape compute consumption, pricing, and revenue …
ICONIQ's 2026 State of AI report, based on a survey of 305 executives, reveals that AI products now account for nearly half of revenue at software companies, with open-source models rising to 40% of t…
A one-person AI business faces median gross margins of 52% versus 70-80% for mature SaaS, with 6.1% monthly churn on low-priced products and inference costs falling 50x per year. Over 54% of indie AI …
Conduct, a London-based AI startup founded by former Palantir engineers, raised a $60mn Series A co-led by Index Ventures and ICONIQ, with SAP investing. The company builds an AI operating system that…
Poland has acquired an equity stake in ElevenLabs, the AI voice synthesis company founded by Polish entrepreneurs Mati Staniszewski and Piotr Dąbkowski, as part of its strategy to become a leading Eur…
Corporate spend management platform Ramp closed a $750 million Series F funding round on June 4, 2026, valuing the company at $44 billion. The round, led by ICONIQ, GIC, and the Ontario Teachers’ Pens…
Corporate spend management platform Ramp has achieved a $44 billion valuation after closing a $750 million Series F funding round led by ICONIQ, GIC, and Ontario Teachers' Pension Plan. The New York-b…
Ramp raised $750 million in a Series F funding round at a $44 billion valuation on June 4, 2026, roughly tripling its value in a year. The company plans to use the capital to build tools that track an…