Pigment Raises $250 Mn at $2.3 Bn Valuation to Expand AI-Powered Business Planning Platform

Pigment provides a business planning platform that helps companies manage their finances, plan operations and forecast future performance. It competes with tools from companies such as Microsoft, SAP, IBM and Anaplan.

The Series E funding round was led by the Scaleup Europe Fund, a €5 billion investment fund managed by EQT that aims to help promising European technology companies grow. World Innovation Labs also participated in the round.

Existing investors, including Greenoaks, Iconiq, IVP and Meritech, also joined the round, along with Nvidia, whose investment had been announced earlier. The funding follows Pigment’s $145 million Series D round in 2024, led by Iconiq.

Pigment co-founders Eléonore Crespo and Romain Niccoli said, "Enterprise planning will change more in the next few years than it has in the last thirty. Legacy tools are being left behind, and the world's most advanced AI companies now run their planning on Pigment. With the backing of our investors, we are moving fast to make autonomous planning a reality for every enterprise. With AI agents running planning workflows end to end and turning decisions into action, companies can respond to change as fast as it happens."

Pigment works with major companies such as Siemens and Unilever, as well as technology startups like Anthropic and ElevenLabs. Its platform uses AI to help businesses improve planning and decision-making.

The company will use the new funding to invest more in research and development (R&D) and expand its engineering team to improve its technology.

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