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Rillet, a two-year-old startup building what it calls the first truly AI-native accounting platform, has raised a $100 million Series C at a $1 billion valuation, the company told Fortune exclusively—joining the ranks of AI-era unicorns racing to unseat decades-old enterprise software giants. The round, led by ICONIQ with participation from returning backers Sequoia Capital,
Travel agency Fora announced a $60 million Series D round led by Forerunner and Tactile Ventures, valuing the company at $1 billion. Founded in 2021, Fora is a two-part platform: it allows people to easily become travel agents by providing the infrastructure to support customer communication and trip planning; It also allows users to find
Nous Research, the startup behind open source agent Hermes, is finalizing a new funding round led by Robot Ventures, with significant participation from USV and other prominent investors at a valuation of $1.5 billion, according to three sources with knowledge of the deal. The company is raising at least $75 million and has drawn a
AI law startup Norm said on Tuesday it had raised $120 million in a Series C funding round led by Khosla Ventures, valuing the nearly three-year-old startup at $1.2 billion. Norm has created an AI-native law firm, called Norm Law, that uses the company’s own AI agents, employs human lawyers to supervise them, and offers