What is Pilot?
Founded in 2017, Pilot offers a comprehensive suite of back-office solutions, encompassing bookkeeping, controller services, and CFO services. The company aims to streamline financial operations for businesses, providing essential support that allows clients to focus on their core competencies. Its service model is designed to cater to the evolving needs of modern enterprises seeking efficient and reliable financial management.
How much funding has Pilot raised?
Pilot has raised a total of $215M across 4 funding rounds:
Series A
$15M
Series B
$40M
Series C
$60M
Series D
$100M
Series A (2018): $15M with participation from Index Ventures
Series B (2019): $40M led by Index Ventures and Stripe
Series C (2021): $60M supported by Sequoia Capital Operations LLC
Series D (2021): $100M featuring Sequoia Capital, Whale Rock Capital Management LLC, Bezos Expeditions, and Index Ventures LLP
Key Investors in Pilot
Sequoia Capital Operations LLC
Sequoia Capital Operations LLC is a venture capital firm known for its long-term investment approach and active partnership with entrepreneurs. They invest across venture, growth, and late-stage opportunities, aiming to build global market leaders.
Index Ventures
Index Ventures is a global venture capital firm that invests in the next generation of entrepreneurs from seed to IPO, partnering with founders to build enduring companies.
Bezos Expeditions
Bezos Expeditions is an investment firm founded by Jeff Bezos, known for its strategic investments in technology, healthcare, and space exploration, supporting innovative companies.
What's next for Pilot?
The substantial enterprise-level funding and recent strategic investment indicate Pilot's strong trajectory and potential for further market penetration. This capital infusion is likely to be directed towards enhancing its service offerings, expanding its technological infrastructure, and potentially exploring new market segments. The company's focus on essential back-office functions positions it well to capitalize on the increasing demand for outsourced financial expertise, suggesting a future geared towards scaling operations and solidifying its competitive advantage.
See full Pilot company page
