# Pivot

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

- Industry: Software
- Headquarters: Jersey City, US
- Website: www.pivotinc.com
- Total disclosed funding: $10M
- Latest round: Series B (Sep 10, 2007)
- Investors on record: 8

## About

Pivot Inc. is a technology-driven company that specializes in innovative solutions tailored to enhance operational efficiency and data management for businesses across various sectors.Pivot Inc. operates as a subsidiary of CME Group, focusing on providing cutting-edge technology solutions to improve business processes. The company was acquired by CME Group in August 2012 for an undisclosed sum. Headquartered in Jersey City, US, Pivot Inc. has been instrumental in enhancing technological applications within the group. The founder's history is not explicitly documented in the available resources.Pivot Inc. delivers a suite of advanced technology solutions designed to streamline business operations, optimize data management, and improve decision-making processes. The company caters to a diverse clientele, including large enterprises and small businesses, ensuring tailored solutions that fit various operational needs.Pivot Inc. contributes to CME Group's overall revenue model, which primarily includes transaction fees from trading activities and services related to risk management and clearing. Specific revenue figures for Pivot Inc. are not disclosed, but its operations support the broader revenue-generating strategies of CME Group.Looking ahead, Pivot Inc. plans to expand its product offerings with the introduction of new technological solutions aimed at enhancing data analytics capabilities. The company is also targeting expansion into additional markets in North America and Europe, expected to initiate by the end of 2023. The recent acquisition by CME Group will provide the necessary resources and funding to support these growth initiatives.

## Funding rounds

- Series B, Sep 10, 2007, $2M — Draper Fisher Jurvetson, EPIC Ventures, Hudson Ventures Partners
- Series B, Apr 10, 2006, $8M — Hudson Ventures Partners, Softbank Capital, Gotham Ventures, BoldCap Ventures, Wasatch Funds, Eze Castle Integration

## Investors

- Hudson Ventures Partners (https://capitalatlas.ai/funds/hudson-ventures-partners) — Series B
- Softbank Capital (https://capitalatlas.ai/funds/softbank-capital) — Series B
- Gotham Ventures (https://capitalatlas.ai/funds/gotham-ventures) — Series B
- BoldCap Ventures (https://capitalatlas.ai/funds/boldcap-ventures) — Series B
- Wasatch Funds — Series B
- Eze Castle Integration — Series B
- Draper Fisher Jurvetson (https://capitalatlas.ai/funds/draper-fisher-jurvetson) — Series B
- EPIC Ventures (https://capitalatlas.ai/funds/epic-ventures) — Series B