Pivot, SAS

Founded in 2023 and based in Neuilly-sur-Seine, France, Pivot, SAS operates as an information technology company that offers procurement software to automate the purchasing and related activities of companies and organizations. Marc-Antoine Lacroix, Romain Libeau (CEO), and Estelle Giuly (CTO) are the co-founders of the company. In October 2023, Pivot, SAS, raised EUR 5 million in pre-seed funding from Visionaries Club, including Anamcara Capital, Cocoa VC, Emblem, and La Financière Saint James. The company provides a procure-to-pay (P2P) platform that streamlines and improves the whole procurement lifecycle.

The tool's features include a no-code workflow builder, which allows organizations to create custom workflows that meet their specific needs; intake forms, which ensure a positive intake experience for all stakeholders, including business teams, finance teams, and vendors; and a custom vendor portal, which allows businesses to receive only the information they need. In addition, Pivot provides spend control tools, which provide businesses with tools to manage spending, such as purchase order and invoice matching, AI-powered spending insights, and real-time budget tracking; automation for finance teams, which automates various financial tasks, such as automated accounts payable and native ERP integrations; and integration, which integrates with existing tools and software stacks, ensuring that businesses can continue to use their preferred solutions while transitioning. The organization plans to use the October 2023 funding to further improve its procurement management platform and introduce it to European countries.