French AI Office Platform Pigment Raises $250M at $2.3B Valuation

French AI-powered business planning platform Pigment has raised $250 million in a funding round that values the company at $2.3 billion, according to a Bloomberg report on October 21, 2026. The round was led by European fund Scaleup Europe Fund, with participation from Nvidia, World Innovation Lab, Iconiq, IVP, and Meritech Capital.

Co-founder and CEO Eléonore Crespo said the company plans to bring in Asian investors as part of the round to support its expansion in Asia. Pigment is also targeting enterprise customers currently using AI office products from Microsoft, Oracle, IBM, SAP, and other vendors.

Founded in 2019, Pigment develops AI office software that helps employees with financial forecasting, presentation creation, and operational planning. The company had raised a total of $397 million prior to this round and reached unicorn status in April 2024 after a EUR 145 million raise. Its annual recurring revenue has surpassed $100 million, doubling year over year, with customers including Google, Anthropic, Uber, and Siemens.

Nvidia CEO Jensen Huang had earlier indicated that Nvidia would invest in Pigment among four French companies during his Europe visit in October. Bloomberg reported that Pigment plans to develop agents that can be deployed on top of existing enterprise resource planning systems covering accounting and human resources functions.