Pillow

Closed

Singapore, Singapore · Founded 2021 · $37.1M raised

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

Tech & App Stack

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Funding History

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Series ASeries AOct 2022
$18.0M

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Seed through Series A — per-round amounts, valuations, and who invested in each round.

Investors

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