Pillar
About Pillar
Pillar is a Software B2B startup based in New York, United States that has raised $23M in venture capital across 2 funding rounds since 2023. The company reached Seed stage in 2024 with a $3M round led by Neo. Pillar's investor base includes 5 institutional funds, with Andreessen Horowitz (a16z) leading the most recent equity round.
Pillar is an AI-powered financial risk management platform that automates commodity, currency, and freight hedging for SMEs with physical commodity exposure. The platform ingests data from contracts, cash flows, inventories, ERP software, and spreadsheets to continuously monitor risk exposure and automatically constructs and rebalances hedge portfolios. Instead of teams reviewing risk monthly or quarterly, the system automatically adjusts positions when volatility spikes or cash flows shift, while keeping humans in the loop for approvals and oversight. Pillar targets producers, importers, and manufacturers in metals, food/agriculture, and aviation who are underserved by traditional institutional-grade risk tools. The company is a Registered Commodity Trading Advisor (CTA) and National Futures Association member. Founded in 2023 by Harsha Ramesh, Chinmay Deshpande, and Vishesh Sharma, Pillar raised a $20M seed round led by Andreessen Horowitz (a16z) in April 2026, bringing total funding to approximately $23M.
Pillar Funding Rounds Timeline
2 rounds · $23M raised · since 2023
| Round | Date | Amount | Valuation | Lead investor | Co-investors |
|---|---|---|---|---|---|
| Pre-Seed | 2024 | $3M | — | Neo | Analog Ventures |
| Seed | April 2026 | $20M | — | Andreessen Horowitz (a16z) | Crucible Capital, Gallery Ventures, Dara Khosrowshahi (angel) |
Investors in Pillar
5 institutional investors across 2 rounds
Lead investors
Co-investors
Recent news about Pillar
Questions about Pillar
How much has Pillar raised?
Pillar has raised $23M across 2 funding rounds since 2023.
Who are the investors of Pillar?
Pillar's investors include Andreessen Horowitz (a16z), Crucible Capital, Gallery Ventures, Analog Ventures, Neo.
When was Pillar's last funding round?
Pillar's most recent round was a $3M Pre-Seed in 2024, led by Neo.
Where is Pillar headquartered?
Pillar is headquartered in New York, United States, and was founded in 2023 by Harsha Ramesh, Chinmay Deshpande, Vishesh Sharma.