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Defi Startup Pillow Raises $3 Million In Round Led By Elevation Capital

Feb 04, 2022•over 3 years ago

Amount Raised

$3 Million

Round Type

seed

Description

Pillow, a decentralised finance startup that helps generate yields on crypto investments, has raised $3 million in a seed funding round led by Elevation Capital.

Company Information

Company

Pillow

About

The company opened its platform to the public on Feb. 3.“We want to create a future where accessibility to decentralised finance is democratised, if not more than traditional finance,” Roy, who is also the chief executive of the firm, said in the statement. To ensure customers' crypto assets are secure, Pillow uses BitGo, the world's leading custodial services, for custody management.