202404 Apr

Pigment announces $145 million series D led by ICONIQ Growth

Summary

Sandberg Bernthal Venture Partners as well as several other existing investors including IVP, Meritech, Greenoaks and Felix Capital have also participated in the round, demonstrating continued confidence in Pigments long-term growth trajectory.Pigment is a business planning platform that helps organizations plan ahead and make better strategic decisions.Impressive growth and momentum - particularly in North America and the enterprise - attracted fundingThe funding follows a successful year for Pigment as the company tripled its annual recurring revenue, and doubled its customer base globally. Global brands including Unilever, Merck, Keolis, Datadog, KAYAK and 6sense have all chosen Pigment for its unique combination of usability and scalability needed to make accurate yet timely decisions. On top of an already easy-to-use solution, notable product developments include generative AI capabilities to improve accessibility for all users and further adoption beyond the finance function. Industry-leading companies like Unilever, Merck, Klarna, PVH, Webhelp, Figma and Poshmark use Pigment every day to quickly get an accurate picture of their business, make better decisions, and focus more on executing strategy in a rapidly changing world. Our portfolio includes Adyen, AirBnB, Alibaba, Alteryx, Automattic, BambooHR, Braze, Chime, Collibra, Coupa, Datadog, Docusign, Gitlab, Marqeta, Miro, Procore, Red Ventures, Relativity, ServiceTitan, Snowflake, Sprinklr, Truckstop, Uber, Wolt, and Zoom, among others.

Source: Pigment

Funding

$144.23M
Amount
Apr 04 2024
Date
-
Investor
Pigment
Company

Classifications

Companies