I founded Pillar in 2018 to help 45M Americans get out of student loan debt. We built an incredible team of ~25 people and raised $7M led by Kleiner Perkins and founders & execs from companies like Plaid, Robinhood, and Wealthfront to solve it.
We successfully created the largest challenger student loan app in the US and helped customers manage over $500M worth of debt. We pivoted after the government shut down the student loan market due to Covid-19 and were ultimately acquired by Acorns in 2021.
Pillar launches with $5.5M from Kleiner Perkins and others to tackle your student loan debt
A new startup aims to help you get your student loans under control. Today, an app called Pillar, backed by $5.5 million in seed funding led by Kleiner Perkins, is launching a simpler way for consumers to better understand their student loan debt - and even pay it off early.
techcrunch.com
This company wants to help shave $6,200 off your student loans
Pillar, a new platform, hopes to change the way you pay off your loans through targeted recommendations. The company has raised $5.5 million in seed funding from a bevy of investors led by Kleiner Perkins, the investor behind companies including Slack, Peloton and Airbnb.
www.cnbc.com
Transforming the way families care for their loved ones | Introducing Pillar
Today, I'm excited to introduce the new Pillar. In the same way we previously helped people tackle their most-pressing financial obligations, we're now helping people transform one of the most foundational parts of life - how they take care of their families.
www.pillarlife.com
New Digital Tool Helps Caregivers Store And Organize Critical Documents
Pillar, initially focused on free student loan debt relief, today launched a new paid service to help caregivers better care for their loved one's. The platform makes it easier for people to organize and store their family's most critical information in a secure online dashboard that can be shared with other trusted family members.
www.forbes.com
Acorns' new fintech target is debt management with acquisition of Pillar
Popular saving and investing app Acorns has acquired Pillar, an AI-powered startup built to help manage student loan debt, in its second acquisition of 2021. New York-based Pillar helps consumers optimize their debt payments by focusing first on student loans. It launched in May 2019 with $5.5 mill...
techcrunch.com
Go back to Michael’s homepage: https://michaelxbloch.com/