Paris-based Pigment, a business planning software provider, has raised $250 million in a Series E funding round at a $2.3 billion valuation. The round was led by Scaleup Europe Fund, managed by EQT, with participation from World Innovation Lab (WiL), existing investors Greenoaks, ICONIQ, IVP and Meritech, and a planned investment from NVIDIA.
- Founded in 2019 by Eléonore Crespo and Romain Niccoli, Pigment develops a business planning platform that helps companies create and adjust strategic plans, manage financial and operational planning, and forecast business performance.
- The company serves customers including Unilever, Siemens, Snowflake, Anthropic and ElevenLabs, and operates offices in Paris, London, Toronto and New York.
- Pigment previously raised $145 million in a Series D round in 2024, led by ICONIQ. In 2026, the company surpassed $100 million in annual recurring revenue (ARR), doubling its revenue year over year for the second consecutive year.
Details of the deal
- With the fresh capital, Pigment plans to accelerate research and development and expand its engineering team, with a focus on advancing its AI capabilities and developing autonomous planning tools.
- The company has introduced AI agents designed to help businesses automate planning tasks. Its Modeler Agent allows users to build planning models and interfaces using natural-language instructions, while its upcoming Planner Agent is designed to automate planning workflows, from generating forecasts and running scenarios to updating plans.
