Pigment, a France-based AI software company focused on business planning and presentations, has raised US$250 million at a US$2.3 billion valuation as it expands in Asia and competes with Microsoft and other enterprise software providers.

Scaleup Europe Fund led the round, with Nvidia, World Innovation Lab, Iconiq, IVP, and Meritech Capital participating. CEO Eléonore Crespo said the company also plans to add Asian investors.

Founded in 2019, Pigment provides the financial planning system used by Anthropic.

L’Oréal is also rolling out Pigment’s salary-planning tools for 95,000 employees.

Pigment said its annual recurring revenue has topped US$100 million and offers agentic AI for enterprise business planning.

Microsoft has also moved into finance workflows with Copilot for Finance in Microsoft 365.

🔗 Source: Bloomberg

Recent Pigment developments