Pillar Technologies
Latest round
- Seed
Last raised
- Aug 2017
Total raised
- $3.2M
Investors
- 5
About Pillar Technologies
Pillar Technologies, Inc.Founded in 2015 and headquartered in New York, US, Pillar Technologies offers solutions for construction site monitoring. The company has previously pursued a pivot in their business strategy focusing on advanced sensor technologies.Pillar Technologies offers advanced wireless sensor solutions designed for construction site risk management, focusing on real-time monitoring of environmental conditions such as dust, humidity, and temperature. Their core product line includes rugged, smart sensors capable of providing actionable data through automated alerts via text, email, and phone. These sensors utilize edge computing and artificial intelligence to predict potential risks such as fire, mold, and flooding, thereby safeguarding construction sites and ensuring compliance with safety regulations.Pillar Technologies generates revenue primarily through a subscription-based model for its sensor solutions and data analytics services. Clients engage with the firm to utilize its flagship products, which include a network of wireless sensors that can be easily deployed on job sites. The transactions typically involve clients subscribing to a service package that encompasses sensor deployment, real-time monitoring, and ongoing data analysis, ensuring proactive risk management. Partnerships with construction firms and project managers enable streamlined access to these services, facilitating effective communication and data sharing. The company aims to introduce new sensor technologies and enhance existing services, targeting expansion in North America and additional urban development markets by 2025.
Who invested in Pillar Technologies
5 investors across 2 rounds
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Questions about Pillar Technologies
Who invested in Pillar Technologies?
Pillar Technologies has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Pillar Technologies raised?
Pillar Technologies has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Pillar Technologies last raise money?
Pillar Technologies's most recent round on record is a Seed, in Aug 2017.
What does Pillar Technologies do?
Pillar Technologies is a software company.
Where is Pillar Technologies headquartered?
Pillar Technologies is headquartered in New York, US.
Which VCs invest in companies like Pillar Technologies?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Pillar Technologies's stage. Their profiles are linked below.
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