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
Investors
Ranked
1st among 1 active competitor
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 |
View details of Pillar's funding rounds and investors
Pillar's founders and board of directors
Founder? Claim ProfileThe 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:
- Vishesh Sharma: Co-Founder & CEO of Pillar.
- Chinmay Deshpande: Co-Founder of Pillar. Contact Info: 1 email address
View details of Pillar's Founder profiles and Board Members
Pillar's employee count trend
Pillar has 21 employees as of Jun 26. Here is Pillar's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Pillar 2023, New York City (United States), Seed | Automated currency, commodity, and freight hedging for SME's | $23M | 48/100 | |
2nd | MarketFactory 2007, New York City (United States), Acqui-Hired | Platform for currency trading. | $6.42M | 34/100 | |
3rd | 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.
•
Pillar raises $20m in new fundingFinTech Collective•Apr 17, 2026•Pillar, Andreessen Horowitz, Petual, First Round Capital and 2 others
•
GitButler raises $17M to simplify Git workflows for developersSiliconAngle•Apr 08, 2026•GitButler, Andreessen Horowitz, A.Capital Ventures, Fly Ventures and 1 other
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