Pigment

Pigment

SaaS platform for advanced financial reporting

About Pigment

Simplify's Rating
Why Pigment is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Fintech

Financial Services

Company Size

501-1,000

Company Stage

Series D

Total Funding

$388.9M

Headquarters

Paris, France

Founded

2019

Overview

Pigment is a SaaS platform for financial planning and analysis (FP&A) that helps businesses of all sizes create and manage advanced financial reports and forecasts. It connects data, processes large calculations, and enables team collaboration to automate financial modeling, including HR, revenue, operating expenses, and cash flow. The platform emphasizes a user-friendly design, fast processing, and strong connectivity, making complex reporting easier than traditional spreadsheets. Its goal is to speed up and improve the accuracy of financial planning so teams can focus more on analysis and value creation.

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Simplify's Take

What believers are saying

  • Approaching $100M ARR after tripling revenue for three consecutive years demonstrates strong scaling.
  • 56% of new customers migrated from legacy vendors; 57% of revenue now enterprise-sourced.
  • Cross-functional agent expansion into HR, Sales, Supply Chain unlocks new revenue streams beyond FP&A.

What critics are saying

  • Microsoft Excel Copilot and Workday AI agents directly threaten core spreadsheet-replacement value proposition.
  • Enterprise customer concentration with Uber, Unilever creates 5–15% ARR churn risk from consolidation.
  • LLM hallucinations in mission-critical financial planning expose Pigment to customer lawsuits and regulatory liability.

What makes Pigment unique

  • Modeler Agent reduces model-building from weeks to minutes using natural language processing.
  • Autonomous agents continuously monitor metrics, flag anomalies, and enable plan changes within hours.
  • Enterprise customer base grew 74% with Uber, Unilever, Anthropic, Siemens as marquee clients.

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Funding

Total Funding

$388.9M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:
Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Above Average

Industry standards

$77M
$70M
Twilio
$80M
Handshake
$100M
Affirm
$145M
Pigment

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Remote Work Options

Paid Vacation

Parental Leave

Performance Bonus

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

4%
Yahoo Finance
Mar 4th, 2026
French AI startup Pigment nears $100M ARR, challenging Workday, Oracle and SAP

Pigment, a French AI startup co-founded by CEO Eléonore Crespo, is approaching $100 million in annual recurring revenue after doubling ARR for three consecutive years. The company has grown its enterprise customer base by 74%, with clients including Uber, Unilever, Anthropic and Siemens. Founded in 2019, Pigment offers an AI-native enterprise performance management platform that replaces spreadsheets and legacy planning tools across finance, sales, HR and supply chain. The company's latest product, a "Modeler Agent", allows users to generate production-ready applications using natural language, reducing build times from weeks to minutes. Pigment has raised nearly $400 million and crossed a $1 billion valuation in 2024, with backing from ICONIQ Growth, Meritech, IVP and others. More than half of 2025's new customers migrated from incumbent SaaS providers.

PR Newswire
Mar 4th, 2026
Pigment approaches $100M ARR with AI agent that builds planning models in minutes

Pigment, an AI business planning platform, is approaching $100 million in annual recurring revenue, having doubled ARR for the third consecutive year. The company reports that 56% of new customers in the past year migrated from legacy vendors. The Paris-based company has launched a patent-pending Modeler Agent that enables teams to build complex planning models using natural language, reducing a process that typically takes weeks or months to hours or minutes. The agent translates business intent into production-ready models whilst maintaining enterprise governance and security controls. Pigment's enterprise customer base has grown to include Unilever, Anthropic and Siemens, with 57% of new revenue now coming from enterprise customers. The company is also introducing Custom Agents and an upgraded Analyst Agent as part of a unified AI experience.

Latest Nigerian News
Aug 10th, 2025
Pigment Raises $25.9M Series A Funding

Pigment has raised a $25.9 million Series A funding round led by Blossom Capital, with participation from FirstMark Capital and Frst. The company aims to provide a better solution for business forecasting, moving beyond traditional spreadsheet-style programs.

Pigment
Mar 17th, 2025
Drei Österreich selects Pigment for modern, agile, data-driven planning

Drei Österreich selects Pigment for modern, agile, data-driven planning.

Pigment
Mar 13th, 2025
Pigment announces winners of its annual Partner Awards

Pigment, the leading business planning platform, today announced the winners of its Annual Partner Awards, recognizing the contributions of its partner ecosystem in bringing AI-powered planning solutions to businesses and driving exceptional customer experiences.

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