About Pivot
Pivot is a company based in Worcester (United States) founded in 1998. It operates as a Two-Sided Marketplace, AI-as-a-Service, and InsurTech. The company has 117 employees as of December 31, 2023. Pivot offers products and services including Digital Insurance, PivotAi, and Pivot Ventures. Pivot operates in a competitive market with competitors including Lighthouse Life, Esketit, MRE Finance, PolicyXchange and Apex Settlement Group, among others.
- Headquarter Worcester, United States
- Employees 117 as on 31 Dec, 2023
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Sectors
Financial Services
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Email
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Phone
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Website
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- Legal Name Carroll Enterprises Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
117
as on Dec 31, 2023
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Products & Services of Pivot
Pivot offers a comprehensive portfolio of products and services, including Digital Insurance, PivotAi, and Pivot Ventures. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
An online platform for insurance agents is provided.
AI-driven automation for business workflows is offered.
Solutions for healthcare and insurance are developed.
Funding Insights of Pivot
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Pivot
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Pivot
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pivot Comparisons
Competitors of Pivot
Pivot 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 Lighthouse Life, Esketit, MRE Finance, PolicyXchange and Apex Settlement Group, 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 |
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| domain | founded_year | HQ Location |
Diversified insurance brokerage firm
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| domain | founded_year | HQ Location |
Platform for investing in loans to generate passive income through consumer lending.
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| domain | founded_year | HQ Location |
Provides a digital platform for selling and managing life insurance policies.
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| domain | founded_year | HQ Location |
An online marketplace is provided for trading life insurance policies.
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| domain | founded_year | HQ Location |
Helps sell life insurance policies for lump sum cash to cover medical bills and retirement.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Pivot
Frequently Asked Questions about Pivot
When was Pivot founded?
Pivot was founded in 1998.
Where is Pivot located?
Pivot is headquartered in Worcester, United States. It is registered at Worcester, Massachusetts, United States.
How many employees does Pivot have?
As of Dec 31, 2023, the latest employee count at Pivot is 117.
What does Pivot do?
An online platform for insurance agents to manage and sell policies is provided by Pivot. AI-driven solutions for automating business workflows using machine learning and robotic process automation are also offered. Additionally, ventures in healthcare and insurance sectors are supported to address complex challenges. Services are extended across insurtech leadership and third-party administration competencies.
Who are the top competitors of Pivot?
Pivot's top competitors include Lighthouse Life, PolicyXchange and Esketit.
What products or services does Pivot offer?
Pivot offers Digital Insurance, PivotAi, and Pivot Ventures.