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Pigment secures $250M in Series E funding at $2.3B valuation
Pigment, an AI-driven business planning and performance management platform, has announced a $250 million Series E funding round. The investment brings the company’s valuation to $2.3 billion.
The funding round was led by the Scaleup Europe Fund, managed by EQT, with participation from the World Innovation Lab (WIL) and existing investors including Greenoaks, ICONIQ, IVP, and Meritech. A planned investment from NVIDIA is also expected.
Pigment recently surpassed $100 million in Annual Recurring Revenue (ARR), doubling its revenue year-over-year. The company intends to use the new capital to accelerate its transition toward autonomous planning for global enterprises using its proprietary Graphite engine. Currently, 85% of new metrics within the platform are created by an AI Agent.
Entities
EQT · Nvidia · Pigment · World Innovation Lab