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

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

02/04/22, 2:09 PM
Money raised
$3 million
Round Type
seed
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 Info

Company
Pillow
Additional Info
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.