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 & ConstructionTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Recon Pillar Llc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
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
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Pillar Technologies
Pillar Technologies offers a comprehensive portfolio of products and services, including Smart Sensors, Software Platform, and Alert System. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Wireless sensors that monitor environmental metrics for construction safety.
Platform for analyzing sensor data and sending real-time alerts.
System that delivers text and email alerts for site risks.
Unlock access to complete
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $3.7M
-
First Round
First Round
(13 Jul 2016)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2017 | Amount | Seed - Pillar Technologies | Valuation | XL Innovate | |
| Oct, 2016 | Amount | Grant - Pillar Technologies | Valuation |
investors |
|
| Jul, 2016 | Amount | Seed - Pillar Technologies | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investments in US tech startups are made by XL Innovate.
|
Founded Year | Domain | Location | |
|
Hyperplane is engaged in providing seed capital to startups.
|
Founded Year | Domain | Location | |
|
Startups are accelerated globally without sector restrictions through structured programs.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Pillar Technologies
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Pillar Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pillar Technologies Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-driven urban datasets and analysis tools are offered by Urbint.
|
|
| domain | founded_year | HQ Location |
SaaS software for construction professionals' communication and collaboration is provided.
|
|
| domain | founded_year | HQ Location |
SaaS-driven inspection management software for property and facility managers
|
|
| domain | founded_year | HQ Location |
Provider of collaboration on web and mobile for field construction
|
|
| domain | founded_year | HQ Location |
A cloud-based collaboration platform is offered for construction project teams.
|
|
| domain | founded_year | HQ Location |
Collaboration and scheduling software is provided for home construction.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Pillar Technologies
Frequently Asked Questions about Pillar Technologies
When was Pillar Technologies founded?
Pillar Technologies was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Pillar Technologies located?
Pillar Technologies is headquartered in Somerville, United States. It is registered at Somerville, Massachusetts, United States.
Is Pillar Technologies a funded company?
Pillar Technologies is a funded company, having raised a total of $4.12M across 3 funding rounds to date. The company's 1st funding round was a Seed of $425K, raised on Jul 13, 2016.
What does Pillar Technologies do?
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.
Who are the top competitors of Pillar Technologies?
Pillar Technologies's top competitors include XYZ Reality, PlanGrid and Breezeway.
What products or services does Pillar Technologies offer?
Pillar Technologies offers Smart Sensors, Software Platform, and Alert System.
Who are Pillar Technologies's investors?
Pillar Technologies has 7 investors. Key investors include Techstars, XL Innovate, Hyperplane, Rough Draft Ventures, and Sound Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.