Month: May 2026

Joffe & Associés advised the new investors Forestay Capital and Notion Capital in connection with the $40 million fundraising completed by Pivot, a French startup leveraging agentic AI to automate corporate procurement and financial management.

 

This series B round was co-led by Forestay Capital and Notion Capital, with participation from the British fund Greyhound and early investors Hedosophia, Visionaries Club and Emblem.

 

Two years after a €20 million Series A round, this new financing round aims to strengthen Pivot’s presence among large enterprises.

 

Founded in spring 2023 by Marc-Antoine Lacroix, Romain Libeau and Estelle Giuly, Pivot has developed an AI-powered procurement platform designed to simplify and automate corporate financial processes. Through intuitive interfaces, the startup aims to modernise a function still largely managed through outdated tools and manual approvals, which slow down financial closings and reduce forecasting accuracy.

 

Pivot currently operates in more than 25 countries and supports numerous companies such as DoorDash, Doctolib, Deezer, Pennylane and Wolt. Each year, Pivot manages more than $3 billion in invoices. This Series B round will enable Pivot to further enhance its platform and accelerate its growth by expanding its approach into new markets.

 

In connection with this transaction, the team at Joffe & Associés consisted of Thomas Saltiel, partner, Charlotte Viandaz, counsel, and Océanne Lewden, associate.

Joffe & Associés advised Pilocap, a French leader in training for the prevention of occupational risks, on the acquisition of No Risk Formation, a training center based in Baillargues (Montpellier), specialising in risk prevention for construction sites and industry.

 

This transaction strengthens Pilocap’s territorial footprint in the South-East, following the acquisitions of SCAF France and ODF in 2024, as well as the opening of new centers in Lille, Rennes, and Lyon.

 

Furthermore, Pilocap is strengthening the development of its proprietary network, with the launch of a new center in Angoulême in December 2025 and the gradual rollout of CATEC (confined environment) platforms across all of the group’s centers.

 

Already integrated into the group’s ecosystem through a franchise agreement, No Risk Formation represents a strategic foothold, benefiting from a strong local presence and a diversified client base. Its integration enables Pilocap to strengthen its national network and offer a comprehensive range of practical training programs tailored to the construction, logistics, and industrial sectors.

 

Building on these developments, the Pilocap Group reaffirms its ambition to become a leading partner for French companies and public-sector entities. Supported by Capital Croissance, Adaxtra Capital, and UI Investissement, Pilocap is pursuing its nationwide expansion, leveraging a combination of expertise, innovation, and proximity to address the major challenges of risk prevention.

 

As part of this transaction, the Joffe & Associés team was composed of Aymeric Dégremont, partner, and Océanne Lewden, associate.