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Pillarhq

New York City, US · 3 known investors

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Pillar is a unified risk management platform for physical-world businesses, combining data analysis, portfolio construction, execution, management, and accounting in one system. It targets companies that otherwise rely on disconnected risk management services.

Also known as Pillar · Pillar Hedging · Stratos Labs Inc. · Stratos Labs, Inc. dba Pillar Hedging

Founders & leadership

CDChinmay Deshpande
Chinmay DeshpandeinCo-Founder & CTO

Investors · 3

Company profile

researched Aug 2026

Pillar, operated by Stratos Labs Inc. doing business as Pillar Hedging, is a New York-based platform that automates hedging of commodity, currency and freight exposure for operating businesses. The product links each hedge to a specific underlying transaction so users can see which deals are protected, adjusts positions in real time when shipment quantities change, and supports hedging in one-metric-ton increments rather than rounding to standard contract sizes. Workflows — such as hedging a shipment, checking a position or requesting a price — can be triggered through natural-language instructions in the web application or over WhatsApp, with execution available in a single click and ongoing position tracking.

The company frames the problem as volatility across freight, currency and commodity markets over the prior four years (with swings described as ranging from +20% to 450%) affecting small and medium-sized enterprises that lack access to in-house traders or investment-banking hedging services. Pillar states it aims to bring that protection to more than 30 million SMEs worldwide representing over $7 trillion of underserved risk, positioning itself as a route to Fortune 500-level financial services for smaller firms, beginning with risk management. Stratos Labs, Inc. is a registered Commodity Trading Advisor (CTA) and a member of the National Futures Association.

Business model

Pillar sells an end-to-end hedging platform to businesses, engaging prospects through a book-a-demo motion on its website; it operates as a registered Commodity Trading Advisor and member of the National Futures Association, executing and managing hedges in commodity and FX markets on behalf of customers.

Traction

The company publishes a customer case study featuring the chief financial officer of Shibuya-Sakura Industries, who reports automated handling of market-volatility exposure and increased trading volumes; the company was hiring a founding engineer in New York with an advertised annualized salary of $90,000-$150,000 plus equity.

Latest developments

Terms of service were last updated on 2025-07-28. A founding engineer listing on Built In NYC was removed on 2025-11-13. Website messaging emphasizes transaction-linked hedging, real-time adjustment and natural-language workflow execution across commodity and FX markets.

Full profile — market position, technology, go-to-market, geography

Market position

Positions itself as a hedging platform designed around how commodity businesses operate, targeting SMEs that are underserved by traditional trader-led and investment-bank hedging services.

Hedges are tied to individual transactions rather than managed as an aggregate book, quantities can be hedged in one-metric-ton increments without rounding, positions adjust automatically as shipment quantities change, and users interact through natural language rather than trading terminals.

Technology

A microservices-based platform with vendor integrations, a customer-facing front end and trading-system components; job requirements cite Go, TypeScript, Postgres and AWS, and the product exposes a natural-language interface that interprets user intent and executes hedging workflows via the web app or WhatsApp, with real-time position adjustment as transaction quantities change.

Go-to-market

Direct sales via demo requests on the company website, supported by customer case studies; the company also recruits in New York for in-office roles.

Commodity businesses and globally exposed operating companies, with an emphasis on small and medium-sized enterprises exposed to freight, currency and commodity price volatility that have historically lacked access to traders or investment-banking hedging services.

Geography

Headquartered in New York, at 45 Main St, Suite 316, Brooklyn, NY 11201, serving global businesses; a referenced customer is Shibuya-Sakura Industries.

Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Advertised annualized salary range, founding engineerNov 2025$90,000-$150,000 plus equity and benefits
HeadcountAug 202624

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 1

launches, deals, and filings
Jan 2025
Backed by J Ventures, Neo, Graph Ventures, Ride Ventures, Expansion Ventures and angel investors

Pillar states it is backed by investors including J Ventures, Neo, Graph Ventures, Ride Ventures and Expansion Ventures, along with the CEO of Uber, the co-founder of Vanta, and executives and operators from Stripe, Robinhood and Airbnb. No amount or round stage was disclosed.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 7

primary sources listed

7 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Pillarhq do?
Pillar is a New York hedging platform that automates commodity, FX and freight risk management for operating businesses.
Who founded Pillarhq?
Pillarhq was founded by Chinmay Deshpande.
Who are Pillarhq's investors?
Pillarhq's investors include Crucible Capital, Expansion Venture Capital, Graph Ventures.
Where is Pillarhq headquartered?
Pillarhq is headquartered in New York City, US.