Pillow

About

Pillow helps generate downside-protected interest on crypto assets by investing in curated, actively managed Defi strategies.

Singapore,Central Region,Singapore
11 - 50
https://www.pillow.fund

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $18M
Industries: Bitcoin,Blockchain,Cryptocurrency,Financial Services,FinTech
Founded date: Jan 1, 2021
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: Pillow Digital Technologies Pte. Ltd.
Also Known As: Pillow Fi,Pillow Digital Technologies

Pillow is a crypto investment startup that accelerates the adoption of crypto services in emerging economies. Its platform helps generate downside-protected interest on crypto assets by investing in curated, actively managed Defi strategies. The company aims to make participation in DeFi as simple as possible, by abstracting out all technical, security, and strategic concerns and allowing users to earn high yields on their holdings with a simple click.

Pillow was founded in 2021 by Arindam Roy, Rajath KM, and Kartik Mishra.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

2

$21M

Pillow has raised a total of $21M in funding over 2 rounds. Their latest funding was raised on Oct 13, 2022 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Oct 13, 2022	Series A	$18M	11	Accel Elevation Capital Quona Capital	—	Detail
Jan 26, 2022	Seed	$3M	6	Elevation Capital	—	Detail

Investors

Number of Lead Investors

Number of Investors

4

15

Pillow is funded by 15 investors. Accel and Elevation Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Accel	Yes	Series A
Elevation Capital	Yes	Series A
Quona Capital	Yes	Series A
Brijesh Bharadwaj	—	Series A
Farid Ahsan	—	Series A
Kush Taneja	—	Series A
Mike Rosengarten	—	Series A
Mukund Jha	—	Series A
Paul Finney	—	Series A
Sambhav Jain	—	Series A