
Pillar
The all-in-one toolkit for creators and talent manager.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
investor investor investor | €0.0 | round | |
N/A | $2.6m | Seed | |
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 35 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Pillar positions itself as a comprehensive monetization platform targeting the creator economy, serving both individual content creators and their talent managers. The company was founded in 2019 by Faisal Younus and Michael Ivkov, who met during their time at Harvard University. Younus, with a background in applied math, computer science, and software engineering, and Ivkov, with experience in research for the Council on Foreign Relations, identified a disconnect between content creators and brands, which spurred the creation of Pillar. Originally known as Athlane, the San Francisco-based startup participated in the Y Combinator accelerator's Summer 2019 batch and has since raised approximately $3.3 to $3.45 million in funding from investors including Y Combinator, Romulus Capital, Global Founders Capital, and notable angel investors like Tyler 'Ninja' Blevins.
The platform's core business revolves around providing tools that enable creators to generate revenue through multiple streams. This is accomplished via a subscription-based model, with tiered pricing plans such as a "Creator" plan at $29/month and an "Entrepreneur" plan at $79/month, which offer varying levels of transaction fees and features. Pillar's business model focuses on both direct-to-fan monetization and brand sponsorships. Revenue is generated from these monthly subscriptions, with transaction fees applied to the lower-tier plan. The platform's clients are primarily social media influencers, streamers, coaches, and digital entrepreneurs who operate across platforms like Instagram, TikTok, YouTube, and Twitch.
Pillar's product is an all-in-one, browser-based suite designed to replace multiple disparate tools. A central feature is the customizable "link-in-bio" storefront, which allows creators to sell a variety of digital products, including online courses, e-books, guides, and templates. The platform facilitates one-tap checkouts with payment processing through Stripe and PayPal, supporting options like Apple Pay and 'Buy Now, Pay Later' services. Beyond direct sales, Pillar offers tools for brand collaboration, such as a live media kit that automatically updates with real-time analytics on audience engagement and reach, and a Brand Deals search engine to connect creators with potential sponsors. Additional functionalities include calendar automation for booking coaching sessions, email marketing tools, affiliate program management, and detailed analytics to track sales funnels and customer data.
Keywords: creator economy, monetization platform, link-in-bio, digital products, content creators, influencer marketing, brand sponsorships, creator store, online courses, subscription model, Faisal Younus, Michael Ivkov, Y Combinator, talent managers, direct-to-fan, social media monetization, affiliate management, creator tools, digital entrepreneurship, coaching platform, e-commerce for creators