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Pigment raises $145 million in a Series D funding round led by Iconiq Growth to scale its business planning platform for large companies

Apr 04, 2024over 1 year ago

Amount Raised

$145 Million

Round Type

series d

ParisSoftware

Investors

Felix CapitalGreenoaksMeritechIvpSandberg Bernthal Venture PartnersIconiq Growth

Description

Paris-based startup Pigment has raised a $145 million funding round in a Series D, led by existing investor Iconiq Growth. The funding will enable Pigment to scale its business planning platform for large companies and expand its customer base, which includes well-known clients like Unilever, Datadog, Kayak and Merck.

Company Information

Company

Pigment

Location

Paris, Texas, United States

About

Pigment SAS is a French software startup that sells planning and forecasting software mostly to finance departments, with added products for human resources and supply-chain management.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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