Pivot, a Paris, France-based procurement automation startup, raised €20M in Series A funding.
Backers included Visionaries, Emblem, Anamcara, and Oliver Samwer.
The company intends to use the funds to expand operations and its business reach across European markets.
Led by Romain Libeau, Marc-Antoine Lacroix, and Estelle Giuly, Pivot is a consumer-grade procurement software that helps companies keep their spend under control while enhancing their teams. Native integrations with ERPs (including Netsuite) and company tools (such as Slack, Otka, Personio, and BambooHR) allow implementation in a few days, without the need for an integrator. Its interfaces foster employee adoption, avoiding the need for training. For finance, legal, compliance and security teams, the company offers automations that reduce manual work and endless email threads.
FinSMEs
19/12/2023