Pivot raises $40M to expand AI-powered enterprise procurement platform

Paris-based Pivot , an AI-powered procurement and finance operations platform, has raised $40 million in an oversubscribed Series B funding round led by Forestay Capital and Notion Capital , with participation from Greyhound, procurement industry executives and existing investors including Hedosophia, Visionaries Club and Emblem. The latest financing brings the company’s total funding raised since its founding in 2023 to $70 million. Pivot develops an AI operating system designed to help enterpr