Pigment completed a $250 million financing round with a valuation of $2.3 billion

According to Bloomberg, the French AI business planning software company Pigment announced the completion of a $250 million financing round, with a valuation of $2.3 billion. This round of financing was led by Scaleup Europe Fund, with participation from Nvidia, World Innovation Lab, Iconiq, IVP, and Meritech Capital.

CEO Eléonore Crespo stated that the company plans to bring in Asian investors and accelerate its business expansion in Asia. Pigment was founded in 2019 and primarily provides a financial and business planning platform for enterprises, launching intelligent AI features, with its annual recurring revenue (ARR) surpassing $100 million.