Pigment, a Paris, France-based the planning and forecasting platform for fast-growth companies, raised $73m in Series B funding.
The round was led by Greenoaks with participation from FirstMark Capital and Blossom Capital.
The company will use the funds to hire employees and increase resources and to expand their presence in the US and European markets.
Led by Eléonore Crespo & Romain Niccoli, Co-Founders and Co-CEOs, Pigment provides a business planning solution powering Finance, HR, Sales and Marketing decisions. The company’s platform, which anyone can use and understand in minutes, allows leaders and analysts to understand all of their business data and anticipate the impact of their decisions at speed. Since its Series A in December 2020, Pigment has further developed their platform to allow any leader in an organisation to adopt a common language around the numbers that matter, and to work on them in real time with their teams. The system has native integrations with Workday, Netsuite, Salesforce and many other SaaS solutions.
In less than a year, Pigment has signed some of Europe’s fastest growing businesses, including ManoMano, Melio, Deliveroo, Spendesk, Blablacar, and Cheerz. Those companies chose Pigment to inform important business decisions under the tight timeframes required of the competitive space they operate in: validating and tracking hiring plans across fast-growing teams, expanding – or deciding not to – in new markets, defining new customer segmentation, raising a new round or planning an IPO.