Pigment Raises $250M with NVIDIA Among Its Investors

Pigment closes a $250 million Series E round, bringing its valuation to $2.3 billion. The Paris-based company surpasses $100 million in annual recurring revenue and claims a platform where AI agents generate 85% of the metrics. The round is led by Scaleup Europe, with NVIDIA among the investors.

NVIDIA joins the round, Scaleup Europe leads, and Asia in sight

NVIDIA is among the investors in Pigment's Series E round, which is led by the Scaleup Europe fund. Jensen Huang, CEO of NVIDIA, announced this support during a visit to France as part of investments in several French companies. Pigment plans to develop more powerful computing technologies and accelerate its international expansion, with a forthcoming entry into the Asian market. The funding totals $250 million and raises the company's valuation to $2.3 billion, a figure presented as a record.

Global groups and AI players already on board

Pigment counts among its clients companies such as Danone, Siemens, L’Oréal, Unilever, DirecTV, Anthropic, ElevenLabs, and Uber. The company crossed the threshold of $100 million in annual recurring revenue over the past year.

AI agents generate 85% of metrics and aim for autonomy

The platform developed by Pigment relies on artificial intelligence agents capable of processing billions of data points instantly. These agents currently produce 85% of the metrics available on the tool, allowing teams to simulate scenarios or examine trends within seconds. With this funding, Pigment aims to enhance automation to manage all workflows autonomously. The offering positions itself as a centralized and faster alternative to spreadsheets like Microsoft Excel and traditional complex software, which are still widely used by many organizations. Founded in 2019 in Paris by Éléonore Crespo and Romain Niccoli, the company highlights, according to its co-founders, a rapid transformation in corporate planning, with a gradual shift away from traditional tools and the adoption of Pigment by some of the most advanced AI-focused companies.