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Overview
Pillar Technologies is a real-time risk management platform for general contractors. It helps its users predict and prevent damages. Through the use of on-site sensors, the company monitors for destructive environmental conditions such as fire outbreaks, high humidity exposure, and mold growth. These damages serve as major sources of revenue loss for general contractors and insurance companies. The features of the platform are risk education, failure forecasting, and insurance optimization.
Pillar Technologies is a U.S.-based company that was founded in 2015 by Alex Schwarzkopf, Sean Iacobone, and Matt Joyal.
About
Big Data, Risk Management, Insurance, Analytics, Internet of Things, Construction
2015
1-10
Headquarters locations
New York, New York, United States, North America
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N/A
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Pillar Technologies headquartered in New York, New York, United States, North America, operates in the Big Data, Risk Management, Insurance, Analytics, Internet of Things, Construction sector. The company focuses on Big Data and has secured $794.4M in funding across 96 round(s). With a team of 1-10 employees, Pillar Technologies is actively contributing to advancements in Big Data. Their latest funding round, Seed Round - Pillar Technologies, raised $425.0K. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
4
6
0
$8.3M
Details
2
Pillar Technologies has raised a total of $8.3M in funding over 2 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2017 | Seed | 2.8M | ||
2016 | Seed | 425.0K |
Investors
Pillar Technologies is funded by 24 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Mehrdad Piroozram | - | FUNDING ROUND - Mehrdad Piroozram | 425.0K |
InsurTech.vc | - | FUNDING ROUND - InsurTech.vc | 425.0K |
Pillar Technologies | - | FUNDING ROUND - Pillar Technologies | 425.0K |
Techstars | - | FUNDING ROUND - Techstars | 425.0K |
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