Pigment announced raising $25.9 million in funding from investors led by Blossom Capital

Pigment, a Paris, France-based SAAS startup, announced that it raised capital in a round totalling $25.9 million.

The money was raised from investors led by the London-based VC Blossom Capital with participation of FirstMark Capital and Frst, as well as angel investors including Paul Melchiorre and David Clarke.

Pigment, founded in 2019 by CEO Eléonore Crespo and Romain Niccoli, aims to develop a software tool that will be a replacement for Excel spreadhseets when it comes to financial planning process. The tool, which is is still in beta testing, is to provide an intuitive, full-spectrum view of the company that allows users to play with multiple future scenarios in real-time through charts, simulations and continuous modeling.