Pigment raises $250 million at $2.3 billion valuation

Pigment said it has raised $250 million in a Series E funding round that values the Paris-based business-planning software company at $2.3 billion. The financing was led by the Scaleup Europe Fund, which is managed by EQT, and includes existing investors and new participants. NVIDIA’s investment is described as planned, but its amount and whether it will be finalized have not been disclosed. Pigment said it will use the proceeds to expand research and engineering, with work focused on its Graphite computing engine and AI agents for its planning platform. The company’s software helps businesses model and assess plans across areas including finance, sales and workforce planning. The company said its agents create 85% of newly created metrics on the platform. Cofounders Eléonore Crespo and Romain Niccoli also said 84% of customer accounts use AI weekly. The figures measure different things: the share of new metrics generated by agents and the share of accounts using AI each week. Pigment reported annual recurring revenue above $100 million earlier in 2026, double its level a year earlier. The company has not provided independently verified financial records in the reports of the...