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Pigment raises $145M

San Francisco, CA-based Pigment, providers of a business planning platform that enables organizations to plan ahead and make strategic decisions, has raised a $145 million Series D funding round.

Pigment’s round was led by Iconiq Growth, who also led Pigment’s Series C investment nearly a year ago. Sandberg Bernthal Venture Partners and existing investors, including IVP, Meritech, Greenoaks, and Felix Capital, also participated in the round.

Pigment plans to use the funds to continue driving innovation and adoption of its planning platform. The company also aims to accelerate its investments in generative AI to further support decision-making and agility.

As Pigment continues to grow, the company remains focused on building a world-class product that business teams love to use while maintaining responsible growth.

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