According to ChainCatcher, Bloomberg reported that French AI business planning software company Pigment has raised $250 million in funding, valuing the company at $2.3 billion. The round 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. Founded in 2019, Pigment provides enterprise financial and business planning platforms with AI-powered agent features, and its annual recurring revenue (ARR) has surpassed $100 million.
Pigment Completes $250M Funding at $2.3B Valuation
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Summary
Pigment secures $250 million in project funding at a $2.3 billion valuation, led by the Scaleup Europe Fund. Investors include Nvidia, World Innovation Lab, and Meritech Capital. The AI and crypto news represents a major milestone for the French company, which provides AI-powered financial planning tools. ARR has exceeded $100 million since 2019. CEO Eléonore Crespo aims to expand into Asia and attract local investors.
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