Paris-based Pivot, the developer of procurement software that helps companies keep their spending under control, announced on Wednesday that it has secured €20M in a Series A round of funding. Pivot was founded in 2003 by Marc-Antoine Lacroix ((former CTO and CPO of neobank Qonto), Romain Libeau (former CMO and COO of employee benefits fintech Swile), and Estelle Giuly (engineer in workflow automation, formerly at Wave.ai and Nuxeo). According to the company, this turnkey software solution for controlling expenses is designed to streamline the process while meeting the transparency and security requirements of finance and IT teams. Pivot offers a unique response to a problem we witness in any of our LPs companies – no matter if a digital scaleup or an industrial world market leader – in a context of drastic cost-cutting. Visionaries Club is a European early-stage VC fund with offices in London and Berlin backed by Europe’s most successful digital founders and family business entrepreneurs.