About Pivot Inc
Pivot Inc is a Financial Services company based in New York (United States) founded in 2004, and was acquired by CME Group in July 2012. Instant messaging software for buy and sell side trading rooms. It operates in the Financial Services and Technology sectors. Pivot Inc has raised $8 million across 2 funding rounds from investors including CME Group, Eze Castle Integration and MMV Financial. The company was acqui-hired. Its focus areas include FinTech, Investment Tech, Capital Market IT and Trade Management. Its competitors include Symphony, Wolters Kluwer and SimpleNexus; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters New York, United States
- Stage Acquired
- SectorsFinancial ServicesTechnology
- Website pivotinc.com
- Social LinkedIn X
- Acquired by CME Group (Jul 2012)
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 $8M
- Total Rounds 2
- Last Round Debt – Venture — $3M
- First Round $8M
(Apr 2006)
- Investors Count 6
All 2 funding rounds of Pivot Inc with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2008 | $3M | Debt – Venture | – | – | |
| Apr 2006 | $8M | Series B | – | SoftBank Capital |
7 investors in total: 7 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech & Life-Sciences focused Growth stage Venture Debt Firm investing in North America | mmvf.com | Toronto, Canada | ||
Venture capital investments are made in early-stage technology startups. | gothamvc.com | White Plains, United States | ||
Early-stage tech and life sciences focused VC investment company funding companies in the US | hudsonventures.com | New York, United States | ||
Early-stage investments in tech companies are made globally. | softbankvc.com | New York, United States | ||
Private cloud services for hedge funds | 1995 | eci.com | Boston, United States | |
Wasatch Group is engaged in real estate development and management. | wasatchgroup.com | Logan, United States | ||
Online trading and financial data exchange marketplace for capital assets | 1848 | cmegroup.com | Chicago, United States |
Investor details for Pivot Inc
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Pivot Inc
4 dated milestones of Pivot Inc across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Pivot Inc is founded.
- Funding First funding round of $8.0M.
- Funding Latest funding round, Debt – Venture, of $3.0M.
- Exit Acquired by CME Group.
Competitors of Pivot Inc
Pivot Inc has 3 listed competitors in our database, 2 of them funded. They include Symphony, Wolters Kluwer and SimpleNexus.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| symphony.com | 2014 | New York, United States | $461M | Compliance management solutions for financial institutions | ||
| wolterskluwer.com | 1836 | United States | 16 | Enterprise legal processes are managed via an AI-powered platform. | ||
| simplenexus.com | 2011 | Draper, United States | $128M | 113 | Loan life cycle management platforms are developed for mortgage lenders. |
Detailed competitors of Pivot Inc
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Regulatory & Compliance Tech
3 companies that operate in the same segment as Pivot Inc (Regulatory & Compliance Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
CLEAR is focused on secure identity verification for seamless experiences. | 2010 | New York, New York, United States | USD 135 M | USD 900.78 M | 4,019 | |
AI-based fraud prevention for e-commerce payments is provided. | 2013 | New York, New York, United States | USD 232.02 M | USD 346.08 M | 724 | |
Compliance management solutions for financial institutions | 2014 | New York, New York, United States | USD 461 M | 815 |
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Frequently Asked Questions about Pivot Inc
Pivot Inc was founded in 2004 and raised its 1st funding round 2 years after it was founded.
Pivot Inc is headquartered in New York, United States. It is registered at New York, New York, United States.
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 2006.
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.
Pivot Inc's top competitors include Symphony, Wolters Kluwer and SimpleNexus.
Pivot Inc has 7 investors. Key investors include CME Group, Eze Castle Integration, MMV Financial, Gotham Ventures, and Hudson Ventures.
Yes. Pivot Inc was acquired by CME Group in July 2012.