French AI planning software company Pigment raises $250 million at a $2.3 billion valuation.

On October 21, according to Bloomberg, French AI business planning software company Pigment announced it has closed a $250 million funding round, valuing the company at $2.3 billion. This 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 primarily provides an enterprise financial and business planning platform and has launched agentic AI capabilities, with its annual recurring revenue (ARR) surpassing $100 million.