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Pillar - About the company

Pillar is a seed company based in New York City (United States), founded in 2023 by Vishesh Sharma and Chinmay Deshpande. It operates as an Automated currency, commodity, and freight hedging for SME's. Pillar has raised $23M in funding from Andreessen Horowitz.

Company Details

Automated currency, commodity, and freight hedging for SME's. It automatically hedges the currency and commodity exposures, bringing predictability back to the user's business.
Key Metrics
Founded Year
2023
Location
New York City, United States
Stage
Seed
Total Funding
$23M in 1 round
Latest Funding Round
Ranked
Employee Count
21 as on Jun 30, 2026
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Pillar's funding and investors

Pillar has raised a total funding of $23M over 1 round. Its latest funding round was a Seed round on Apr 14, 2026 for $*****. 3 investors participated in its latest round. Pillar has 4 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Pillar:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 14, 2026
7888118
Seed
9811027
7335367
8385224
4252298
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Pillar's founders and board of directors

Founder? Claim Profile
The founders of Pillar are Vishesh Sharma and Chinmay Deshpande. Vishesh Sharma is the CEO of Pillar.
Here are the details of Pillar's key team members:

Pillar's employee count trend

Pillar has 21 employees as of Jun 26. Here is Pillar's employee count trend over the years:
Employee count trend for Pillar
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Pillar's Competitors and alternates

Top competitors of Pillar include MarketFactory and MarketDirect Exchange. Here is the list of Top 10 competitors of Pillar, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Pillar
Pillar
2023, New York City (United States), Seed
Automated currency, commodity, and freight hedging for SME's
$23M
48/100
2nd
Logo for MarketFactory
MarketFactory
2007, New York City (United States), Acqui-Hired
Platform for currency trading.
$6.42M
34/100
3rd
Logo for MarketDirect Exchange
MarketDirect Exchange
2022, Indianapolis (United States), Deadpooled
Global management firm for investing in multiple assets
-
-
15/100
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Pillar's Investments and acquisitions

Pillar has made no investments or acquisitions yet.

Reports related to Pillar

Here is the latest report on Pillar's sector:

News related to Pillar

Media has covered Pillar for a total of 2 events in the last 1 year.
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FAQs about Pillar

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