
Pivot Investment Partners
Description
Pivot Investment Partners is a New York-based early growth equity firm established in 2016, dedicated to investing in transformative financial technology companies. The firm distinguishes itself by focusing on businesses poised for significant market leadership within the rapidly evolving FinTech landscape. Their investment philosophy centers on partnering with exceptional management teams, leveraging the deep operating and investing experience of their own team, which boasts a strong track record of building and scaling businesses globally.
The firm's investment scope is broad within the FinTech ecosystem, encompassing critical sectors such as payments, lending, capital markets, wealth management, insurance, and enterprise software solutions. This comprehensive approach allows Pivot Investment Partners to identify and support innovations across the entire financial services value chain. Their strategic involvement extends beyond capital provision, offering operational guidance and industry insights to help their portfolio companies achieve sustainable growth and market dominance.
Pivot Investment Partners has demonstrated substantial fundraising success, reflecting investor confidence in their strategy and team. They successfully closed their first fund, Pivot Investment Partners Fund I, L.P., at $250 million in 2017. Building on this momentum, they subsequently closed Pivot Investment Partners Fund II, L.P. at its hard cap of $500 million in 2021, significantly expanding their capacity for new investments. The firm typically deploys initial investments ranging from $20 million to $50 million, with a clear capacity and willingness to provide additional capital for follow-on rounds as their portfolio companies scale.
Their impressive portfolio includes a roster of well-known and impactful FinTech companies such as Acorns, Addepar, Cross River, Flywire, and Marqeta, alongside successful exits like Kabbage, Kensho, and Quovo. This track record underscores Pivot's ability to identify promising ventures and contribute to their growth into market leaders, solidifying their position as a key player in the FinTech investment space.
Investor Profile
Pivot Investment Partners has backed more than 59 startups, with 2 new investments in the last 12 months alone. The firm has led 11 rounds, about 19% of its total and boasts 11 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series B, Series A, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States, Canada, United Kingdom.
- Strong thematic focus on FinTech, Financial Services, Finance.
- Typical check size: $20M – $50M.
Stage Focus
- Series B (27%)
- Series A (20%)
- Series Unknown (14%)
- Convertible Note (10%)
- Series C (8%)
- Series E (5%)
- Seed (5%)
- Series D (3%)
- Secondary Market (3%)
- Series F (2%)
Country Focus
- United States (90%)
- Canada (5%)
- United Kingdom (5%)
Industry Focus
- Fintech
- Financial Services
- Finance
- Software
- Saas
- Information Technology
- Asset Management
- Lending
- Artificial Intelligence (Ai)
- Insurtech
Frequently Asked Questions
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