COMPANY PROFILE

Pivot Bio

Fueled by an innovative drive and a deep understanding of the microbiome, Pivot Bio is pioneering game-changing advances in crop nutrition

Minnetonka, United StatesFounded 2011Food

Valuation $1–2.5B Last recorded · 2021

Revenue $100–500M Latest reported FY

Headcount 100–500 Current team size

Total funding $500M–1B Disclosed equity funding

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About Pivot Bio

Pivot Bio is a pioneering startup that addresses the urgent need for sustainable agricultural practices by offering an innovative alternative to synthetic nitrogen fertilizers. The company operates primarily in the agricultural sector, serving farmers across most of the United States. Pivot Bio's core product is a groundbreaking crop nutrition tool that uses naturally occurring microbes to fix nitrogen in cereal crops like corn. This process, known as biological nitrogen fixation, involves converting nitrogen from the air into a form that plants can use, eliminating the need for synthetic fertilizers.

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The company's business model revolves around selling its microbial nitrogen-fixing products directly to farmers. These products are applied in the field, adhering to the roots of the crops and providing a steady supply of nitrogen throughout the growing season. This method not only enhances crop yields but also mitigates the environmental issues associated with traditional fertilizers, such as leaching, volatilization, and denitrification.

Pivot Bio leverages advanced technologies like machine learning and computational modeling to optimize the performance of its microbial solutions. By continuously improving its products, the company aims to offer farmers more efficient and sustainable ways to meet their crops' nitrogen needs.

Revenue is generated through the sale of these microbial products, which are available as in-furrow applications and soon as seed treatments. The company is also expanding its product pipeline to include more options for different types of crops and farming practices.

In summary, Pivot Bio is transforming agriculture by providing a sustainable, science-based solution to nitrogen fixation, helping farmers increase yields while reducing environmental impact.

Source: Dealroom company data