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Pillar Technology Inc. sells Multi-Year Guaranteed Annuities offering fixed returns to individual retirement investors.
Founded in 2018 and based in New York, US, Pillar Technology Inc. offers Multi-Year Guaranteed Annuities with terms of two to seven years, with no agent fees and tax-deferred growth. The products are aimed at individual investors planning for retirement, mainly in the United States. The company raised USD 1.50 mn in a Seed round led by Kleiner Perkins on April 7, 2021. CEO Michael Bloch leads the firm, which was acquired by Acorns Advisers, LLC in 2021.
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