On April 14, 2026, Pillar, an AI-powered risk management platform, announced a $20 million seed round led by Andreessen Horowitz, with additional participation from Crucible Capital, Gallery Ventures, and Uber CEO Dara Khosrowshahi. Wilson Sonsini Goodrich & Rosati advised Pillar on the transaction.

Pillar also publicly announced the launch of its AI-powered hedging platform, which helps users manage market risk and volatility.

The Wilson Sonsini team that advised Pillar on the transaction included Lang Liu, Will Andrews, Robert Deng, and Nara Jo.

For more information, please see Pillar CEO Harsha Ramesh’s LinkedIn post. Additional information can be found on TechCrunch.