# Pivit

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pivit

- Industry: Software
- Headquarters: New York, US
- Website: www.pivit.io
- Latest round: Seed (Oct 1, 2014)
- Investors on record: 3

## About

Pivit, Inc. specializes in advanced digital solutions that enhance operational efficiency through innovative software platforms designed for streamlined workflows, improved data analytics, and team collaboration.Founded in 2011, Pivit, Inc. operates out of New York, US, providing software solutions to enhance operational efficiency. The company has undergone no significant strategic pivots and remains focused on its core offerings. Gregory DePetris, the founder, has not publicly founded any other companies prior to Pivit. The company raised USD 5.00 mn in its latest funding round on September 9, 2015, led by DRW Venture Capital and includes investors like WorldQuant Ventures, bringing the total amount raised to USD 5.00 mn.Pivit, Inc. specializes in providing advanced digital solutions tailored to enhance operational efficiency for businesses across various sectors. The company's core offerings focus on innovative software platforms designed to streamline workflows, improve data analytics, and foster collaboration among teams. These products address specific challenges such as project management inefficiencies and data silos, with a primary aim of boosting productivity in organizations. Pivit, Inc. serves a diverse client base that includes small to medium-sized enterprises as well as larger corporations, spanning industries like technology, healthcare, and education. The company's solutions have been deployed in North America, Europe, and parts of Asia, making them accessible to a broad range of end users seeking to optimize their operational capabilities.The revenue model of Pivit, Inc. is primarily based on subscription-based services, where clients pay recurring fees to access their software solutions. This structure allows for predictable revenue streams while enabling customers to benefit from continuous updates and support. Business transactions typically occur directly between Pivit, Inc. and its clients, with offerings that include tiered subscription plans designed to cater to varying organizational needs. These plans encompass features such as premium support, advanced analytics tools, and additional user licenses, thereby enhancing the value proposition for clients.Pivit, Inc. plans to utilize the USD 5.00 mn raised in September 2015 to develop new software products aimed at further enhancing operational efficiencies, with specific details regarding upcoming releases yet to be announced. The company is also targeting expansion into new markets, particularly in Europe and Asia, by the end of 2024. Recent funding will support these expansion efforts and development of product enhancements.

## Funding rounds

- Seed, Oct 1, 2014 — Sand Hill East, Supernode Ventures
- Seed, Nov 28, 2011 — Bendigo Partners

## Investors

- Bendigo Partners (https://capitalatlas.ai/funds/bendigo-partners) — Seed
- Sand Hill East — Seed
- Supernode Ventures (https://capitalatlas.ai/funds/supernode-ventures) — Seed