Pigment Raises $145 Million in Series D

by Kay Aloha Villamor in April 5th, 2024

Pigment, a Paris, France-based business planning platform startup, has raised $145 million in Series D funding. 


The round was led by ICONIQ Growth, with participation from Sandberg Bernthal Venture Partners, as well as several other existing investors including IVP, Meritech, Greenoaks, and Felix Capital. 

ICONIQ Growth is a venture capital firm based in San Francisco, California, that partners with entrepreneurs driving global impact and change. The firm focuses on investing in sectors such as SaaS, TMT, financial services, information technology, healthcare, and consumer products & services. 

Pigment Use of Funds 

Pigment plans to utilize the funds to continue driving innovation to fuel the adoption of its planning platform. Additionally, Pigment intends to accelerate its investments in generative AI to further support decision-making and agility. 

About Pigment 

Founded in 2019 by Eleonore Crespo and Romain Nicoli, Pigment provides a business planning platform that assists organizations in planning and making better strategic decisions. Primarily targeted at chief financial officers and finance teams, the platform operates as a modern Software as a Service (SaaS) solution, enabling seamless integration with various company data sources and facilitating collaboration across departments. Pigment's clients include notable companies such as Unilever, Merck, Klarna, PVH, Webhelp, Figma, and Poshmark. 

Funding Details                 

Company: Pigment SAS  

Raised: $145.0M             

Round: Series D  

Funding Month: April 2024                  

Lead Investors: ICONIQ Growth  

Additional Investors: Sandberg Bernthal Venture Partners, IVP, Meritech, Greenoaks, Felix Capital  

Company Website: https://www.pigment.com/  

Software Category: Business Planning  

Source: https://www.prnewswire.com/news-releases/pigment-announces-145-million-series-d-led-by-iconiq-growth-302107856.html 

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