How Much Did Pillir Raise?
Funding & Key Investors

Pillir, a software company specializing in rapid application development with its ERP EdgeReady Cloud platform, has secured significant enterprise-level funding, with its total capital raised standing at $1.2M. The company recently announced a major strategic investment of $224K, underscoring its growth trajectory and market potential in the low-code development space.

What is Pillir?

Pillir
SoftwareEngineering Software

Pillir, formerly appsFreedom Inc., operates with a distinct focus on modernizing enterprise workflows through its innovative ERP EdgeReady Cloud platform. This specialized solution empowers businesses to rapidly develop, test, and manage workflow solutions with minimal to no coding required. Headquartered in Chandler, Arizona, Pillir addresses the critical need for agile and efficient application development in the enterprise sector, enabling companies to adapt quickly to evolving market demands.

How much funding has Pillir raised?

Pillir has raised a total of $1.2M across 4 funding rounds:

2014

Private Equity

$666K

2015

Series A

$200K

2020

Debt

$150K

2021

Debt

$224K

Private Equity (2014): $666K, investors not publicly disclosed

Series A (2015): $200K led by Keiretsu Forum Northwest

Debt (2020): $150K supported by PPP

Debt (2021): $224K featuring PPP

Key Investors in Pillir

PPP

Public-Private Partnership

Keiretsu Forum Northwest

Keiretsu Forum Northwest is a global network of private equity investors, angel investors, and venture capitalists. They typically invest in early-stage to growth-stage companies across various sectors.

What's next for Pillir?

The recent major strategic investment in Pillir signals a pivotal moment for the company, likely enabling accelerated product development, market expansion, and enhanced customer support. This infusion of capital, contributing to the overall $1.2M raised, positions Pillir to further solidify its market presence and compete effectively in the rapidly growing low-code and ERP modernization landscape. Future initiatives may include scaling its sales and marketing efforts, forging new strategic partnerships, and continuing to innovate its platform to meet the complex needs of enterprise clients.

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Frequently Asked Questions Regarding Pillir Financial Insights

What are the most recent funding rounds that Pillir has completed, and what were the funding rounds?
Pillir has recently completed 3 funding rounds: Debt on Mar 1, 2021, Debt on Apr 13, 2020, Series A on May 25, 2015.
What is the total amount of funding Pillir has raised to date?
Pillir has raised a total of $1.2M in funding to date.
How many funding rounds has Pillir completed?
Pillir has completed 3 funding rounds.
How much funding did Pillir raise in its most recent funding round?
Pillir raised $224K in its most recent funding round.
Who are the lead investors in Pillir's latest funding round?
The lead investor in Pillir's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Pillir's history?
The largest funding round in Pillir's history was $666K.
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