The business-planning software maker says the financing will expand engineering and develop AI agents for end-to-end enterprise planning.
Pigment announced a $250 million Series E on October 21 at a $2.3 billion valuation. Scaleup Europe Fund, managed by EQT, led the round. World Innovation Lab and existing investors Greenoaks, ICONIQ, IVP and Meritech also participated; Pigment described NVIDIA’s investment as planned rather than completed.
The company says it surpassed $100 million in annual recurring revenue earlier this year, doubling that figure year over year. Pigment also reports that agents create 85% of new metrics on its platform. Those figures are company-reported and were not accompanied in the announcement by an independent audit or a breakdown of agent-generated work.
Pigment sells business-planning and performance-management software used for functions such as finance, sales and workforce planning. Its announcement says the new capital will support research and development, engineering hiring and expansion into additional regions. It also plans to extend its agents beyond building models and analyzing data toward running planning workflows end to end.
The platform’s underlying Graphite compute engine is central to that plan. Pigment says Graphite lets thousands of people and AI agents work on the same governed model at once, scaling to hundreds of billions of data points with deterministic and traceable results. The company says it will use the funding to develop the engine for larger, more complex workloads.
The raise comes as enterprise software providers compete to connect AI agents to business data and operational decisions. Pigment cites L’Oréal’s selection of its platform to replace a salary-planning tool covering more than 95,000 employees globally. The funding gives Pigment additional resources to pursue broader autonomous-planning capabilities, but the announcement does not provide a launch schedule for end-to-end agent workflows or detail how much of the round is allocated to each initiative.