Lensing AI vs Rillet
Lensing AI
Medium-to-large companies with complex revenue models and global, multi-entity operations
Co-headquartered in Mountain View, California and Heidelberg, Germany (founding year not published)
Rillet
Technology and AI companies, expanding into biotech, healthcare, fintech, logistics and professional services; mid-market, enterprise and public companies
Launched August 2024; New York, with a Spanish entity in Barcelona
Lensing AI and Rillet are both AI-native ERPs with a general ledger, revenue recognition and multi-entity consolidation for companies with complex revenue.
Lensing AI, co-headquartered in Mountain View and Heidelberg and backed by US$140m, serves medium-to-large companies with global, multi-entity operations; Rillet, launched in New York in August 2024, serves 600+ customers, led by technology and AI companies and including public companies.
Lensing AI vs Rillet: side by side
“Not published” means the vendor does not state it.
| Lensing AI | Rillet | |
|---|---|---|
| What it does | AI-native ERP: general ledger, order to cash, revenue recognition, multi-entity and multi-book consolidation, procurement, fixed assets, HR and cloud cost management, with AiSpecify for building ERP apps in plain English | AI-native ERP: real-time general ledger with continuous close, ASC 606 revenue recognition, multi-entity consolidation and AI agents (Aura) |
| Best for | Medium-to-large companies with complex revenue models and global, multi-entity operations | Technology and AI companies, expanding into biotech, healthcare, fintech, logistics and professional services; mid-market, enterprise and public companies |
| Founded and HQ | Co-headquartered in Mountain View, California and Heidelberg, Germany (founding year not published) | Launched August 2024; New York, with a Spanish entity in Barcelona |
| Ownership and funding | Private, venture-backed; US$140m from Sutter Hill Ventures, Altimeter Capital, Redpoint Ventures and D1 Capital (announced Nov 2024) | Venture-backed; US$100m Series C (Aug 2026) led by ICONIQ at a US$1bn valuation, with Sequoia and Andreessen Horowitz; more than US$200m raised in total |
| Customers or users | Customers with combined revenues over US$1bn in more than 20 countries; named customers include Primary Health, Productiv and Branch Energy | 600+ customers, including public companies with over US$2bn in revenue; Mercor, Function Health and Temporal named |
| Pricing | Not published | Not published |
| Deployment and markets | Cloud-native, hosted on AWS; customers in 20+ countries; multi-currency, with US GAAP, IFRS and local statutory reporting | Cloud; US, with a Spanish entity (Rillet España) in Barcelona; partners include EY, KPMG and RSM |
Main differences
Lensing AI also covers order to cash, procurement, fixed assets, HR and cloud cost management; Rillet centres on a real-time general ledger with continuous close, ASC 606 revenue recognition and consolidation.
Rillet has 600+ customers, including Mercor, Function Health and Temporal; Lensing AI names Primary Health, Productiv and Branch Energy, with customers in more than 20 countries.
Rillet raised a US$100m Series C in August 2026 at a US$1bn valuation, with more than US$200m raised in total; Lensing AI announced US$140m from Sutter Hill Ventures, Altimeter Capital, Redpoint Ventures and D1 Capital in November 2024.
Lensing AI's AiSpecify builds ERP apps from plain-English specifications, with a Live Sandbox to test changes first; Rillet's AI agents are called Aura.
Which to choose
Choose Lensing AI if
- You want order to cash, procurement, fixed assets and HR in the ERP, or to build your own ERP apps in plain English
Choose Rillet if
- You are a technology or AI company that wants a real-time ledger with continuous close, used by 600+ companies
Compare further
Common questions
What is the difference between Lensing AI and Rillet?+
Lensing AI is an AI-native ERP covering the general ledger, order to cash, revenue recognition, multi-entity and multi-book consolidation, procurement, fixed assets, HR and cloud cost management. Rillet is an AI-native ERP with a real-time general ledger, continuous close, ASC 606 revenue recognition, multi-entity consolidation and AI agents called Aura.
Who are Lensing AI and Rillet for?+
Lensing AI is for medium-to-large companies with complex revenue models and global, multi-entity operations. Rillet is for technology and AI companies and is expanding into biotech, healthcare, fintech, logistics and professional services, from mid-market to public companies.
How are Lensing AI and Rillet funded?+
Lensing AI is private and venture-backed, with US$140m from Sutter Hill Ventures, Altimeter Capital, Redpoint Ventures and D1 Capital, announced in November 2024. Rillet raised a US$100m Series C in August 2026 led by ICONIQ at a US$1bn valuation, with Sequoia and Andreessen Horowitz, and has raised more than US$200m in total.
Part of Accountio’s accounting technology coverage.
