Pillow is a technology company.
Pillow has raised $35.0M across 3 funding rounds.
Key people at Pillow.
Pillow has raised $35.0M in total across 3 funding rounds.
Pillow refers most likely to the fintech company based in Bengaluru, India, founded in 2021, rather than a traditional pillow manufacturer, given the query's description as a "technology company."[2] It operates in the fintech sector, initially targeting retail investors but expanding to institutional clients, with a team of 37 employees led by founders Arindam Roy, Kartik Mishra, and others.[2] Pillow leverages technologies like blockchain, indicating a focus on innovative financial services such as secure transactions or investment platforms.[4]
The company solves accessibility issues in investing for retail and institutional users in India's growing fintech market, serving investors seeking efficient, tech-driven tools amid rising digital finance adoption.[2][4] While specific growth metrics are limited, its expansion from retail to institutional segments signals early momentum in a competitive landscape.[2]
Pillow was founded in 2021 by Arindam Roy, Kartik Mishra, and additional team members in Bengaluru, Karnataka, India, entering the fintech space during a boom in digital financial services post-pandemic.[2] The founders' backgrounds are not detailed in available sources, but the company's quick pivot from retail investors to institutional clients suggests an adaptive response to market demands for scalable investment solutions.[2] Early traction likely stemmed from India's fintech surge, with Pillow building a 37-person team shortly after launch, positioning it among emerging players in blockchain-enabled finance.[2][4]
Pillow rides the wave of India's fintech explosion, fueled by digital payments, UPI adoption, and blockchain for secure investing, amid a global shift to decentralized finance.[2][4] Timing is ideal post-2021, as regulatory support and investor appetite grow, with market forces like rising retail participation and institutional digitization favoring agile startups.[2] It contributes to the ecosystem by bridging retail and institutional gaps, influencing competition toward tech-integrated platforms in a market projected to expand significantly.[2][4]
Pillow is poised for growth by deepening blockchain applications and institutional partnerships, capitalizing on India's fintech investments and global DeFi trends.[2][4] Evolving regulations and AI-driven personalization could shape its path, potentially elevating its role from niche player to ecosystem influencer. As a 2021 entrant with expansion momentum, it exemplifies how targeted tech solves real investor pain points, tying back to its promise as a Bengaluru-born disruptor in finance.[2]
Pillow has raised $35.0M in total across 3 funding rounds.
Pillow's investors include MDI Ventures, Quona Capital, 7BC Venture Capital, Catapult Capital, Emergence Capital, IVP, Mayfield, NFX, Palisades Growth Capital, Quiet Capital, Rubicon VC, Social Starts.
Key people at Pillow.
Pillow has raised $35.0M across 3 funding rounds. Most recently, it raised $18.0M Series A in October 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2022 | $18.0M Series A | MDI Ventures, Quona Capital | |
| Jun 1, 2017 | $14.0M Series A | 7BC Venture Capital, Catapult Capital, Emergence Capital, IVP, Mayfield, NFX, Palisades Growth Capital, Quiet Capital, Rubicon VC, Social Starts, Vayner RSE, Vouch Insurance, Josh Porter, Kyle York | |
| Jan 1, 2015 | $3.0M Seed | 01 Advisors, ACME Capital, Album VC, Amplify Partners, Bam Ventures, Batalion Capital, Bonfire Ventures, Catapult Capital, Coatue, Costanoa Ventures, Deep Fork Capital, Electric Ant, Fifth Wall, FJ Labs, Kleiner Perkins, KRM Interests LLC, Lightbank, Ben Huh, Outlander Labs, Relay Ventures, Science, SciFi VC, Structure Capital, The Hit Forge, True Ventures, Tuesday Capital, UpHonest Capital, Clark Landry, David Kalt, Eric Ries, Rashaun Williams, Varsha Rao, Infinity Ventures Crypto, Polygon |
