How much funding has Pillow raised?

Pillow has raised $37.1M in total funding, most recently a Series A round.

Who are Pillow's investors?

Pillow's investors include Elevation Capital, Accel, Quona Capital, Jump Capital, Mayfield Fund, Sterling Capital Management.

Where is Pillow headquartered?

Pillow is headquartered in Singapore, Singapore.

What industry is Pillow in?

Pillow operates in Crypto & Web3, Fintech.

Pillow

Closed

Singapore, Singapore · Founded 2021 · $37.1M raised

Crypto & Web3

Fintech

Headquarters: Singapore
Employees: 11–50
Founded: 2021
Business Model: B2C

Website: pillow.fund
Total Funding: $37.1M
Last Round: $18.0M Series AOct 2022
Rounds: 4

About

Pillow was a Singapore-based crypto investment platform that enabled users to save, spend, and invest in cryptocurrency with downside-protected yield through curated DeFi strategies. The platform served over 75,000 users across 60+ countries, targeting emerging markets with simplified access to digital asset returns. Pillow raised $21M from Accel, Quona Capital, Elevation Capital, and Jump Crypto before shutting down in July 2023 due to regulatory uncertainty.

Summary

Pillow is a Crypto & Web3 company based in Singapore, Singapore, founded in 2021. It has raised $37.1M in total across 4 rounds, most recently a $18.0M Series A round in Oct 2022. Investors include Elevation Capital, Accel and Quona Capital.

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