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by Fintechnews Switzerland
April 11, 2024
Paris primarily based Pigment introduced a $145 million sequence D funding spherical, led by ICONIQ Progress. Sandberg Bernthal Enterprise Companions, in addition to a number of different present traders together with IVP, Meritech, Greenoaks and Felix Capital have additionally participated within the spherical.
Pigment was began with one downside in thoughts: to simplify and inform how enterprise groups plan and make selections in an more and more complicated setting. Complexity kills effectivity, and it’s in every single place in trendy enterprise: consistently shifting macro-conditions that add uncertainty to resolution making, disjointed tech options, huge volumes of unmanageable knowledge, and organizational silos all play a job.
Certainly, two-thirds of enterprise leaders say their organizations are overly complicated, and because of this Pigment’s personal analysis revealed that 89% of finance leaders are making selections each month primarily based on inaccurate or incomplete knowledge.
Matt Jacobson
“We’re exceptionally assured that Pigment is efficiently addressing a transparent and really giant want out there. This confidence out there, product and staff drove our enthusiasm to proceed to help the corporate’s continued success.”Matt Jacobson, Basic Accomplice, ICONIQ Progress
So what are Pigment’s plan?
Elevating cash is improbable, however it’s essential to have a method for it. Right here’s what’s in retailer for Pigment quickly.
1. Construct on ease of use to make sure continued adoption
2. Double down on Pigment’s state of affairs planning capabilities
3. Increase our help for xP&A capabilities
4. Scalability
5. Bolster the staff
Featured picture credit score: Eléonore Crespo and Romain Niccoli, Co-Founder and Co-CEO at Pigment
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