04/14/2026
Pillar raises $20M to automate continuous hedging for commodity businesses ⚙️
Pillar closed a $20M seed to scale an AI platform that automates hedging for commodity-driven companies. The system ingests contracts, ERP data, spreadsheets and messaging to continuously measure exposure across commodities, FX and freight, then builds and executes hedge portfolios. That turns episodic risk decisions into real‑time, institutional-grade risk management for SMEs facing volatile markets.
🔹 $20M seed ( $23M raised total) to grow an AI-first risk-management product
🔹 Platform ingests contracts, cash flows, inventories, ERP and chats to auto‑construct and rebalance hedges
🔹 Targets metals, recycling, food and airline sectors—disrupting legacy bank desks and making hedging accessible while keeping humans for approvals