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French AI startup Pigment raises $250 million at $2.3 billion valuation

French business software maker Pigment has secured $250 million in fresh funding at a $2.3 billion valuation, backing its push to challenge Microsoft's Excel and PowerPoint.

Graphic announcing Pigment's $250 million funding round at a $2.3 billion valuation, noting its competition with Excel and PowerPoint and Nvidia's participation.
Image: @AGTPinsights

French enterprise software company Pigment has raised $250 million in a new funding round that values the startup at $2.3 billion, according to Dina Bass of Bloomberg. The company develops AI-powered software designed to help businesses forecast finances and generate slide decks, positioning itself as a European competitor against established tools like Microsoft's Excel and PowerPoint.[1][2][3]

Nvidia participated in the round, and Pigment's annual recurring revenue has surpassed $100 million, according to tech outlet AGTP.[4]

Key facts

  • Pigment raised $250 million at a valuation of $2.3 billion, according to Bloomberg.
  • Pigment develops AI-powered software used by businesses to forecast finances and build slide decks.
  • Pigment is positioning its products to compete directly with Microsoft Excel and PowerPoint.
  • Nvidia joined Pigment's latest funding round, according to AGTP.
  • Pigment has crossed $100 million in annual recurring revenue, according to AGTP.

Sources · 5 sources

  1. TE

    TechmemeArticle ·

    Pigment, a French startup that makes AI-powered software to help businesses forecast finances, spin up slide decks, and more, raised $250M at a $2.3B valuation (Dina Bass/Bloomberg) Dina Bass / Bloomberg : Pigment, a French startup that makes AI-powered software to help businesses forecast finances, spin up slide decks, and more, raised $250M at a $2.3B valuation — Pigment, a French AI company that competes with Microsoft's Excel and PowerPoint, has raised $250 million in a funding round …

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  2. TE

    Techmeme@TechmemePost on X ·

    Pigment, a French startup that makes AI-powered software to help businesses forecast finances, spin up slide decks, and more, raised $250M at a $2.3B valuation (@dinabass / Bloomberg) (Visit Techmeme dot com for the link and full context!)

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  3. BL

    Bloomberg@businessPost on X ·

    Pigment, a French AI company that competes with Microsoft’s Excel and PowerPoint, has raised $250 million in a funding round, bolstering a push by a prominent European startup to take on an American technology giant https://t.co/YgTlA5UPPr

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  4. AG

    AGTP@AGTPinsightsPost on X ·

    BREAKING: French AI startup Pigment raises $250M at a $2.3B valuation to take on Microsoft's Excel and PowerPoint. Nvidia joins the round, and annual recurring revenue has passed $100M. https://t.co/jzHpPdQznS

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  5. CB

    Crypto BriefingArticle ·

    Pigment raises $250M to challenge Microsoft’s Excel and PowerPoint Pigment's funding surge signals a shift in enterprise software, challenging established giants and potentially reshaping business planning tools. The post Pigment raises $250M to challenge Microsoft’s Excel and PowerPoint appeared first on Crypto Briefing .

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