Pivot Inc

New York, United States Founded: 2004 • Age: 22 yrs Acquired By CME Group
Instant messaging software for buy and sell side trading rooms
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About Pivot Inc

Pivot Inc is a company based in New York (United States) founded in 2004 was acquired by CME Group in July 2012.. Pivot Inc has raised $8 million across 2 funding rounds from investors including CME Group, Eze Castle Integration and MMV Financial. Pivot Inc operates in a competitive market with competitors including Symphony, Wolters Kluwer, FiscalNote, SimpleNexus and Behavox, among others.

  • Headquarter New York, United States
  • Sectors
    Financial Services
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Technology → Marketing, Adtech & Commerce Technology
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $8 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3 M (USD), Debt – Venture

    Mar 17, 2008

  • Investors
    CME Group

    & 6 more

  • Employee Count
    Employee Count
  • Acquired by
    CME Group

    (Jul 31, 2012)

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Funding Insights of Pivot Inc

Pivot Inc has successfully raised a total of $8M across 2 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $3 million completed in March 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Debt – Venture — $3.0M
  • First Round

    (10 Apr 2006)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2008 Amount Debt – Venture - Pivot Inc Valuation

investors

Apr, 2006 Amount Series B - Pivot Inc Valuation SoftBank Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Pivot Inc

Pivot Inc has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include CME Group, Eze Castle Integration and MMV Financial. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Tech & Life-Sciences focused Growth stage Venture Debt Firm investing in North America
Founded Year Domain Location
Venture capital investments are made in early-stage technology startups.
Founded Year Domain Location
Early-stage tech and life sciences focused VC investment company funding companies in the US
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Pivot Inc

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Pivot Inc

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Pivot Inc Comparisons

Employees
+
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Competitors of Pivot Inc

Pivot Inc operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Symphony, Wolters Kluwer, FiscalNote, SimpleNexus and Behavox, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
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Enterprise legal processes are managed via an AI-powered platform.
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AI-driven legal, regulatory, and policy data analysis is delivered.
domain founded_year HQ Location
Loan life cycle management platforms are developed for mortgage lenders.
domain founded_year HQ Location
AI-driven compliance and risk management solutions are provided for enterprises.
domain founded_year HQ Location
Cloud-based compliance management solution provider
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Pivot Inc

Frequently Asked Questions about Pivot Inc

When was Pivot Inc founded?

Pivot Inc was founded in 2004 and raised its 1st funding round 2 years after it was founded.

Where is Pivot Inc located?

Pivot Inc is headquartered in New York, United States. It is registered at New York, New York, United States.

Is Pivot Inc a funded company?

Pivot Inc is a funded company, having raised a total of $8M across 2 funding rounds to date. The company's 1st funding round was a Series B of $8M, raised on Apr 10, 2006.

What does Pivot Inc do?

Pivot was founded in 2004 in New York, United States, within the financial technology sector. Instant messaging software is developed for use in buy and sell side trading rooms, supporting brokers, traders, analysts, and sales traders at banks, hedge funds, asset managers, and trading companies. Operations emphasize touch markets such as cash equities, equity options, and over-the-counter energy and weather derivatives.

Who are the top competitors of Pivot Inc?

Pivot Inc's top competitors include Symphony, Behavox and Wolters Kluwer.

Who are Pivot Inc's investors?

Pivot Inc has 7 investors. Key investors include CME Group, Eze Castle Integration, MMV Financial, Gotham Ventures, and Hudson Ventures.

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