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Pillar - About the company

Pillar is an acquired company based in New York City (United States), founded in 2018 by Michael Bloch. It operates as a Loan management app. Pillar has raised $5.5M in funding from Kleiner Perkins. The company has 20 active competitors, including 3 funded and 2 that have exited. Its top competitors include companies like Student Loan Hero, Grad Joy and College Cash.

Company Details

Pillar is a loan management app. Users have to link their bank accounts with the app. The app leverages data science, machine learning and human judgment to know the user's financial situation and to create a customized loan repayment plan.
Social
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Email ID
*****@pillar.app
Registered Address
Hewlett, New York
Key Metrics
Founded Year
2018
Location
New York City, United States
Stage
Acquired
Total Funding
$5.5M in 1 round
Latest Funding Round
Ranked
Employee Count
4 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by Acorns (Apr 07, 2021)

Pillar's acquisition details

Pillar got acquired by Acorns on Apr 07, 2021.
Click here to take a look at Pillar's acquisition in detail
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Pillar's funding and investors

Pillar has raised a total funding of $5.5M over 1 round. Its latest funding round was a Seed round on May 30, 2019 for $*****. 14 investors participated in its latest round. Pillar has 9 institutional investors and 7 angel investors.

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
May 30, 2019
8074654
Seed
4382275
9326867
2996411
9378595
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Pillar's founders and board of directors

Founder? Claim Profile
The founders of Pillar is Michael Bloch.
Here are the details of Pillar's key team members:

Pillar's employee count trend

Pillar has 4 employees as of Aug 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 Student Loan Hero, Grad Joy and College Cash. 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 Student Loan Hero
Student Loan Hero
2012, New York City (United States), Acquired
Online platform for Student debt tools, calculators, and repayment plans
$65K
49/100
2nd
Logo for Pillar
Pillar
2018, New York City (United States), Acquired
Loan management app
$5.5M
46/100
3rd
Logo for Grad Joy
Grad Joy
2019, Austin (United States), Series B
Debt management platform
$37.5M
41/100
4th
Logo for College Cash
College Cash
2019, Fort Worth (United States), Seed
Online student loan debt repayment platform
$20K
38/100
5th
Logo for Snowball Wealth
Snowball Wealth
2016, San Francisco (United States), Funding Raised
Debt management solutions for students
-
36/100
6th
Logo for MoneySolver
MoneySolver
2007, Jacksonville (United States), Funding Raised
Student loan resolution services provider
-
33/100
7th
Logo for Nickels
Nickels
2019, Ann Arbor (United States), Seed
Provider of financial assessment and solution tools for individual
-
32/100
8th
Logo for Sootchy
Sootchy
2018, Los Angeles (United States), Unfunded
Mobile-based platform providing AI-based financial planning solutions
-
-
31/100
9th
Logo for Chipper
Chipper
2017, Austin (United States), Funding Raised
Platform offering debt repayment solutions
-
-
26/100
10th
Logo for Docupop
Docupop
2009, San Diego (United States), Funding Raised
Online debt repayment platform for student loans
-
25/100
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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

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FAQs about Pillar

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