Pillar Technologies

Somerville, United States Founded: 2015 • Age: 11 yrs
Risk management technology for construction sites is offered.
Annual revenue - Latest available
Total funding $4.1M 3 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Pillar Technologies

Pillar Technologies is a company based in Somerville (United States) founded in 2015. Pillar Technologies has raised $4.12 million across 3 funding rounds from investors including Techstars, XL Innovate and Hyperplane. Pillar Technologies offers products and services including Smart Sensors, Software Platform, and Alert System. Pillar Technologies operates in a competitive market with competitors including Urbint, Powerplay, Breezeway, PlanGrid and Fieldwire, among others.

  • Headquarter Somerville, United States
  • Sectors
    Real Estate & Construction
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Recon Pillar Llc
Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $4.12 M (USD)

    in 3 rounds

  • Latest Funding Round
    $3.7 M (USD), Seed

    Sep 12, 2017

  • Investors
    Techstars

    & 6 more

  • Employee Count
    Not available
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Products & Services of Pillar Technologies

Pillar Technologies offers a comprehensive portfolio of products and services, including Smart Sensors, Software Platform, and Alert System.

Product name locked
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Primary

Wireless sensors that monitor environmental metrics for construction safety.

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Platform for analyzing sensor data and sending real-time alerts.

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System that delivers text and email alerts for site risks.

People of Pillar Technologies

Headcount 1-10
Employee Profiles 1
Employee Profiles
People
Akshay Kalia
Director Of Engineering

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Teams

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Funding Insights of Pillar Technologies

Pillar Technologies has successfully raised a total of $4.12M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3.7 million completed in September 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Pillar Technologies

Pillar Technologies has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Techstars, XL Innovate and Hyperplane.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments in US tech startups are made by XL Innovate.
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Hyperplane is engaged in providing seed capital to startups.
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Startups are accelerated globally without sector restrictions through structured programs.
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Investor details for Pillar Technologies

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Investments & Acquisitions by Pillar Technologies

Investments
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Investment portfolio details for Pillar Technologies

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Financial Statements - Pillar Technologies

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Detailed financials for Pillar Technologies

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Pillar Technologies Comparisons

Pillar Technologies Primary company
Description
Risk management technology for construction sites is offered...
Location
Somerville, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Pillar Technologies

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Competitors of Pillar Technologies

Pillar Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Urbint, Powerplay, Breezeway, PlanGrid and Fieldwire, among others.

Company Name Domain Founded year HQ Location Description
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AI-driven urban datasets and analysis tools are offered by Urbint.
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SaaS software for construction professionals' communication and collaboration is provided.
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SaaS-driven inspection management software for property and facility managers
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Provider of collaboration on web and mobile for field construction
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A cloud-based collaboration platform is offered for construction project teams.
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Collaboration and scheduling software is provided for home construction.
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Detailed competitors of Pillar Technologies

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Latest news on Pillar Technologies

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Complete news archive for Pillar Technologies

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Frequently Asked Questions about Pillar Technologies

Pillar Technologies was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Pillar Technologies is headquartered in Somerville, United States. It is registered at Somerville, Massachusetts, United States.

Pillar Technologies is a funded company, having raised a total of $4.12M across 3 funding rounds to date.

Pillar Technologies was founded in 2015 in Somerville, United States, focusing on the construction sector. On-site sensors are utilized to monitor environmental risks such as fire outbreaks, high humidity, and mold growth. Alerts are issued upon detection of hazards, and forecasts are generated from data collected in accident-prone scenarios. Contractors are enabled to manage insurance policies effectively, while insurance companies benefit from reduced claims through these insights.

Pillar Technologies's top competitors include XYZ Reality, PlanGrid and Breezeway.

Pillar Technologies offers Smart Sensors, Software Platform, and Alert System.

Pillar Technologies has 7 investors. Key investors include Techstars, XL Innovate, Hyperplane, Rough Draft Ventures, and Sound Ventures.

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