Milan-based fintech startup Pillar has raised €12 million in a seed funding round led by Earlybird Venture Capital and Base10 Partners, bringing its total funding to €15.2 million less than eight months after its public launch.
- Founded in 2025 by Gabriel Guinea Montalvo, Paolo Tarsia Incuria and Lorenzo Demaio, Pillar develops AI software for construction companies that combines project management, financial operations, document handling and workforce tracking in a single platform.
- The company says its software is used by more than 500 construction firms managing over 2,000 projects, with customers reportedly saving an average of 14 hours per week on administrative work.
- Pillar’s platform automates tasks including estimates, invoicing, site accounting, procurement and margin tracking, while integrating data from accounting systems, bank feeds, construction sites and WhatsApp communications into one interface.
- Contractors can upload delivery notes, invoices, reports and site photos through WhatsApp or directly into the platform, where the company’s AI analyses and organises the information in real time.
- In 2025, the company raised €3.2 million in a pre-seed funding round to accelerate product development, with participation from Plug and Play Tech Center, Kima Ventures, and B Heroes.
Details of the deal
- The round was co-led by Base10 Partners and Earlybird Venture Capital, with participation from Italian Founders Fund and continued support from Emblem.
- Pillar plans to use the €12 million round to expand internationally, grow its AI-powered construction operating system, and add new tools for procurement, workforce, and financial management.
