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)
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.
| What it does | Agentic ERP: general ledger, payables, receivables, cards and consolidation for every entity, with AI agents doing the routine work | AI-native ERP: real-time general ledger with continuous close, ASC 606 revenue recognition, multi-entity consolidation and AI agents (Aura) |
|---|---|---|
| Best for | Fast-growing, multi-entity groups with subsidiaries in several countries and more than one accounting standard | Technology and AI companies, expanding into biotech, healthcare, fintech, logistics and professional services; mid-market, enterprise and public companies |
| Founded and HQ | Founding year not published; Copenhagen, Denmark (offices in London, Copenhagen and Stockholm) | Launched August 2024; New York, with a Spanish entity in Barcelona |
| Ownership and funding | Private limited company (Light Company ApS), registered in Denmark; funding not published | 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 | Named customers include Tillo, Famly, All Gravy, Ocean.io, Paebbl and Officeguru | 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 | 19 countries supported, including the UK, US, Canada, Germany, France, the Nordics, Australia and Singapore; site in nine languages | Cloud; US, with a Spanish entity (Rillet España) in Barcelona; partners include EY, KPMG and RSM |
Main differences
Light supports 19 countries across Europe, North America and Asia-Pacific; Rillet operates in the US, with a Spanish entity in Barcelona.
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.
Rillet has 600+ customers, including public companies with over US$2bn in revenue; Light names multi-entity groups such as Tillo, Famly and Paebbl.
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.
