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Pivot Raises $40.0M Series

Recently funded · $40.0M Series bTechnology, Information and MediaFRView source

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Companies looking to rein in spending and mitigate vendor risk now have more firepower at their disposal. Pivot, an AI-fueled Source-to-Pay platform, has announced it closed a $40.0M Series B funding round.

The investment, backed by Forestay Capital and Notion Capital, underscores the demand for tools that streamline corporate procurement. Pivot's end-to-end platform is known for its top-notch user experience, native integrations, and ability to empower procurement teams with powerful data tools for meaningful decision-making, solving adoption challenges for leading companies worldwide.

Majoooorrr update! ⚡️Thrilled to announce Pivot’s recent $40M Series B, led by Forestay Capital &Notion Capital, totaling our funding to $70M. 🎉In just 3 years, we've welcomed customers, and expanded to 25+ geographies. Thanks a lot for the trust 🫶 💛We’re hiring across EMEA and US markets. Check out our open roles, in commentPS: Rebranding as a bonus 😏

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