Light vs Rillet

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Light vs Rillet

Light

Fast-growing, multi-entity groups with subsidiaries in several countries and more than one accounting standard

Founding year not published; Copenhagen, Denmark (offices in London, Copenhagen and Stockholm)

VS

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

Light and Rillet both sell AI-native ERPs with a general ledger, multi-entity consolidation and AI agents that do routine accounting work.

Light, based in Copenhagen with offices in London and Stockholm, is built for fast-growing groups with subsidiaries in several countries and supports 19 countries; Rillet, launched in 2024 and based in New York, starts with technology and AI companies and offers continuous close and ASC 606 revenue recognition to 600+ customers.

Light vs Rillet: side by side

“Not published” means the vendor does not state it.

LightRillet
What it doesAgentic ERP: general ledger, payables, receivables, cards and consolidation for every entity, with AI agents doing the routine workAI-native ERP: real-time general ledger with continuous close, ASC 606 revenue recognition, multi-entity consolidation and AI agents (Aura)
Best forFast-growing, multi-entity groups with subsidiaries in several countries and more than one accounting standardTechnology and AI companies, expanding into biotech, healthcare, fintech, logistics and professional services; mid-market, enterprise and public companies
Founded and HQFounding year not published; Copenhagen, Denmark (offices in London, Copenhagen and Stockholm)Launched August 2024; New York, with a Spanish entity in Barcelona
Ownership and fundingPrivate limited company (Light Company ApS), registered in Denmark; funding not publishedVenture-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 usersNamed customers include Tillo, Famly, All Gravy, Ocean.io, Paebbl and Officeguru600+ customers, including public companies with over US$2bn in revenue; Mercor, Function Health and Temporal named
PricingNot publishedNot published
Deployment and markets19 countries supported, including the UK, US, Canada, Germany, France, the Nordics, Australia and Singapore; site in nine languagesCloud; US, with a Spanish entity (Rillet España) in Barcelona; partners include EY, KPMG and RSM

Main differences

Markets

Light supports 19 countries across Europe, North America and Asia-Pacific; Rillet operates in the US, with a Spanish entity in Barcelona.

Scope

Light covers the ledger, payables, receivables, cards and consolidation, with payments on 80+ local rails; Rillet centres on the ledger, continuous close, ASC 606 revenue recognition and multi-entity consolidation.

Customers

Rillet has 600+ customers, including public companies with over US$2bn in revenue; Light names multi-entity groups such as Tillo, Famly and Paebbl.

Funding

Rillet is venture-backed, with a US$100m Series C in August 2026 at a US$1bn valuation; Light does not publish its funding.

Which to choose

Choose Light if

  • Your group has subsidiaries in several countries and you want payables, receivables, cards and local payments in the same system

Choose Rillet if

  • You are a technology or AI company that needs continuous close and ASC 606 revenue recognition

Compare further

Common questions

What is the difference between Light and Rillet?+

Light is an agentic ERP covering the general ledger, payables, receivables, cards and consolidation for every entity, with AI agents doing the routine work. Rillet is an AI-native ERP with a real-time general ledger, continuous close, ASC 606 revenue recognition, multi-entity consolidation and AI agents.

Which countries do Light and Rillet support?+

Light supports 19 countries, including the UK, the US, Canada, Germany, France, the Nordic countries, Australia and Singapore, and has offices in London, Copenhagen and Stockholm. Rillet operates in the US, with a Spanish entity, Rillet España, in Barcelona.

Do Light and Rillet sit on top of an existing ERP?+

No. Light is the system of record rather than a layer on top of another ERP, and its migration engines move companies off NetSuite, Microsoft Dynamics, Sage Intacct, SAP, Xero or QuickBooks in weeks. Rillet is an AI-native ERP with its own real-time general ledger, continuous close and multi-entity consolidation.

Part of Accountio’s accounting technology coverage.