Loading organizations...
Loading organizations...
Pivo is a technology company.
Pivo develops smart pods that transform smartphones into versatile auto-tracking cameras. These devices leverage AI to provide 360-degree tracking capabilities, enabling users to capture dynamic, hands-free video of faces, bodies, horses, or pets. The technology is supported by a suite of dedicated applications that offer creative modes, facilitate seamless video calls, and enhance live streaming experiences, effectively converting a mobile phone into a personal cameraman or production studio.
The company was co-founded by Ken Kim, who also serves as its CEO, launching its initial platform in 2019 with the first Pivo Pod released in 2020. Kim’s insight stemmed from a recognition of the growing demand for accessible and immersive content creation, aiming to empower individuals to easily record and share their real-world experiences without the constraints of traditional equipment or additional crew.
Pivo caters to a diverse user base, including content creators, athletes, equestrians, and real estate professionals seeking efficient ways to produce high-quality visual content. The company's overarching mission is to make capturing, analyzing, and sharing experiences more accessible, affordable, and engaging for everyone. It envisions transforming the interaction between the physical and digital worlds, continuously facilitating communication through innovative technology.
Pivo has raised $2.0M across 1 funding round.
Pivo has raised $2.0M in total across 1 funding round.
Pivo has raised $2.0M in total across 1 funding round.
Pivo's investors include Y Combinator, FoundersX Ventures, Daniel Block, Precursor Ventures, VestedWorld.
Pivo refers to multiple technology companies, but the primary active entity is Pivo (pivo.ai), a hardware and software innovator founded in 2013 that builds AI-powered motion-tracking devices like the Pivo Pod series for effortless content creation.[1][2] It serves content creators, educators, marketers, salespeople, and everyday users by solving the problem of hands-free, high-quality video capture, photography, live streaming, and video communication through smart tracking and companion apps with creative modes.[1][2] The company has shown strong growth momentum, expanding to over 40 markets, launching on the Apple Store (US), releasing products like Pivo Pod Lite in 8 colors and Pivo Pod Gold, and winning the CES 2022 Innovation Award for Pivo Pod X.[2]
Separate from this, Pivo Technology Inc. (or Limited) was a Nigerian fintech startup providing digital banking, credit, payments, insurance, and invoicing tools targeted at SMEs in supply chains, particularly freight carriers and truck owners in Africa to address cash flow gaps from delayed payments.[3][4] It raised a $2 million seed round from Y Combinator but shut down about one year later.[5]
Pivo (pivo.ai) began in 2013 with a mission to empower individuals to capture, analyze, and share real-world experiences accessibly and immersively, evolving from humble beginnings to bridge physical and digital interactions amid shifting human communication needs.[1][2] Key milestones include launching its website in 2019, the first Pivo Pod Black in 2020, the Pivo+ app and Pivo Pod Lite (in 8 colors) plus Pivo Pod Gold in 2021, alongside Pivo Real Estate, Apple Store entry (US), 40+ market expansion, and the CES award.[2] The founders' backgrounds are not detailed in available sources, but the idea emerged from recognizing technology's limits in enabling easy creation and sharing.[2]
Pivo Technology Inc., backed by Y Combinator, emerged to tackle SME cash flow issues in African supply chains, starting with freight carriers facing 90-day invoice delays despite tight execution windows; it offered smart banking tools but ceased operations post-2022 seed funding.[3][4][5]
For Pivo (pivo.ai), the standout features revolve around its versatile AI hardware and app ecosystem:
Pivo Technology Inc. differentiated via fintech tailored for supply chain SMEs:
Pivo (pivo.ai) rides the creator economy and AI personalization wave, where mobile content creation exploded post-2020 with TikTok, remote work, and social commerce demanding easy, pro-level tools.[1][2] Timing aligns with smartphone ubiquity and AI advancements enabling affordable motion tech, countering market forces like high production costs; it influences the ecosystem by democratizing storytelling for non-professionals, fostering apps and expansions into real estate and sales.[2]
Pivo Technology Inc. tapped Africa's fintech boom for underserved SMEs but faced headwinds in volatile supply chains, highlighting risks in emerging-market banking; its brief run underscores Y Combinator's role in testing such models before scale.[3][4][5]
Pivo (pivo.ai) is poised for continued expansion with AI-driven content tools, potentially integrating AR/VR or deeper e-commerce features amid rising demand for immersive digital-physical bridges.[2] Trends like generative AI and metaverse growth will amplify its reach, evolving it from niche tracker to ecosystem hub. The fintech Pivo's shutdown serves as a cautionary tale on execution in high-risk sectors.[5]
This positions Pivo (pivo.ai) as a resilient player empowering global creators, far from its 2013 origins.
Pivo has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in November 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2022 | $2.0M Seed | Y Combinator, FoundersX Ventures, Daniel Block, Precursor Ventures, VestedWorld, Y Combinator |