# Pillow

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pillow-2

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.pillow.fund
- Total disclosed funding: $21M
- Latest round: Series A (Oct 13, 2022)
- Investors on record: 4

## About

Based in Singapore, and founded in 2021 by Arindam Roy, Rajath KM, and Kartik Mishra, Pillow Digital Technologies Pte. Ltd., d/b/a Pillow, operates as a provider of a DeFi (decentralized finance) platform. In January 2022, Pillow Digital Technologies Pte. Ltd. raised USD 3 million in seed funding led by new investor Elevation Capital.

Pillow Digital Technologies develops a decentralized finance platform that helps generate downside-protected interest on crypto assets by investing in curated, actively managed Defi strategies. The platform allows users to invest and earn  yields and looks after the gas (transaction) fees, underlying chains and tokens, etc. 

The company will use the funding to build alpha-generating DeFi strategies for popular crypto assets, accelerate global expansion, build a strong user community and grow the brand to make DeFi accessible worldwide.

## Funding rounds

- Series A, Oct 13, 2022, $18M — Accel, Jump Capital, Elevation Capital, Quona Capital
- Seed, Jan 26, 2022, $3M — Elevation Capital

## Investors

- Elevation Capital — Seed, Series A
- Accel (https://capitalatlas.ai/funds/accel) — Series A
- Jump Capital (https://capitalatlas.ai/funds/jump-capital) — Series A
- Quona Capital (https://capitalatlas.ai/funds/quona-capital) — Series A