Pivot
Pivot is the AI operating system for procurement, giving finance and procurement teams the structure, clarity, and velocity to operate under increasing pressure. It automates workflows, ensures full spend visibility, and ties decisions to financial reality, giving AI a foundation strong enough to carry the routine load. That's how lean teams at companies like DoorDash, Lemonade, Wix, and Wolt run procurement with the control, speed, and coordination that once required three times the headcount.
Founder Q&A
We sat down with Rom, Marco and Estelle to get the lowdown on Pivot
Pivot raised $40 million in Series B funding led by Forestay Capital and Notion Capital, with participation from Greyhound and procurement industry veterans including the former Global VP Sales at SAP and the founder of EcoVadis. Existing investors Hedosophia, Visionaries Club, and Emblem also returned. The round brings total funding to $70 million since founding in 2023.
Procurement is one of the least automated functions in the enterprise. Spend commitments still travel through disconnected systems, email threads, and manual approvals, leaving finance teams without visibility until it's too late. Legacy software has failed to fix it, and the AI bolted on top has fallen flat. Pivot exists to rebuild procurement for the agentic enterprise: a single AI operating system that gives finance and procurement teams visibility, control, and speed.
Pivot is built from the system of record up, not retrofitted onto legacy infrastructure. The platform owns the full data layer end-to-end, which is what allows agentic AI to operate inside the flow of procurement work with complete context. The result is enterprise depth, fast deployment, and AI that does meaningful work rather than surface-level automation.
Pivot serves enterprise customers managing complex multi-entity, multi-currency operations. Today the platform operates in more than 25 countries, supporting companies like DoorDash, Lemonade, Wix, Wolt, and Flix, and processes $3 billion in invoices annually. The focus is global enterprises that have outgrown legacy procurement software or are looking to replace fragmented intake and orchestration tools.
The Series B will fund continued development of Pivot's AI operating system for procurement, including new agentic capabilities, expansion into new enterprise markets, and deeper integrations with ERPs and financial systems. The goal is to make procurement a function the business runs through AI agents rather than manual workflows.
Marco Lacroix is the co-founder and CEO of Pivot. Before launching Pivot, he spent several years at Qonto, where he served as CTO then CPO, helping scale one of Europe’s leading fintech companies from 40 to 1,400 employees. Earlier in his career, he also founded multiple startups and worked across fintech and SaaS environments
Estelle Giuly is the co-founder and CPTO of Pivot. Before founding Pivot, she held engineering and workflow automation roles at companies including Hyland and Alan, developing deep expertise in enterprise software, cloud architecture, and workflow systems. She is known for her strong technical leadership, focus on scalable engineering practices, and ability to build high-performing product and engineering teams in fast-growing environments
Before launching Pivot, Romain Libeau was part of the founding team at Swile, where he held several executive leadership roles and helped scale the company into a leading fintech unicorn across France and Brazil. Earlier in his career, he contributed to Deliveroo’s launch in France, founded several tech ventures, and became an active business angel, backing and advising early-stage startups.
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