Paris-based Pivot, which develops AI tools for procurement and financial workflows, raised a $40M Series B co-led by Forestay Capital and Notion Capital (Tamara Djurickovic/Tech.eu)

Techmeme ·

Pivot raised $40M Series B to expand its AI-powered enterprise procurement platform, co-led by Forestay Capital and Notion Capital.

Categories: Money & Moves

Excerpt

<a href="https://tech.eu/2026/05/21/pivot-raises-40m-to-expand-ai-powered-enterprise-procurement-platform/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260521/i5.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260521/p5#a260521p5" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Tamara Djurickovic / <a href="https://tech.eu/">Tech.eu</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://tech.eu/2026/05/21/pivot-raises-40m-to-expand-ai-powered-enterprise-procurement-platform/">Paris-based Pivot, which develops AI tools for procurement and financial workflows, raised a $40M Series B co-led by Forestay Capital and Notion Capital</a></b></span>&nbsp; &mdash;&nbsp; With new funding, Pivot plans to expand its AI-powered procurement and finance platform, accelerate development of agentic AI capabilities &hellip; </p>