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

According to Bloomberg, French AI business planning software company Pigment has announced a $250 million funding round at a $2.3 billion valuation. 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 primarily provides an enterprise financial and business planning platform, alongside agentic AI features, with its annual recurring revenue (ARR) having surpassed $100 million.