Pivotree

About Pivotree

Pivotree, listed on the TSX Venture Exchange under the ticker PVT, is a leading global provider of commerce and Master Data Management (MDM) services. The company offers end-to-end solutions that encompass strategy, platform selection, deployment, hosting, and ongoing support. Pivotree serves a diverse range of clients, including leading and innovative brands, helping them adapt to the ever-changing digital commerce landscape. The company operates as a single expert resource, providing deep expertise to choose enterprise-proven solutions and design, build, and connect critical systems for seamless operations.

Pivotree's business model is centered around providing comprehensive services that support the entire lifecycle of digital commerce platforms. This includes initial strategy development, selecting the right technology platforms, deploying and hosting these platforms, and offering continuous support to ensure smooth operations. The company generates revenue through service fees, subscription models, and ongoing support contracts.

Pivotree's market is the global ecommerce sector, which has seen significant growth, with global ecommerce sales reaching over $3.5 trillion last year and projected to grow to $6.5 trillion by 2023. The company manages ecommerce platforms for brands with a combined Gross Merchandise Value (GMV) of over $3 billion and online sales exceeding $9 billion, representing approximately 0.9% of the global market.