Press Release

IVP and Meritech Co-Lead $65 Million Series B+ for Pigment

October 5, 2022

Paris – October 5, 2022 – Cooley advised IVP and Meritech as the co-lead investors in business planning platform provider Pigment’s $65 million Series B+ financing round. Jodie Bourdet, Tamim Bazzi and Zoë Egelman led the Cooley team advising IVP and Meritech. Louis Chenard and the team of Viguié Schmidt & Associés advised on French law aspects.

This latest funding comes on the heels of Pigment’s Series A and Series B rounds that totaled more than $100 million. ‍The additional funding will be used for product development to attract more large enterprises and further expand in the US.

IVP turns breakout companies into enduring market leaders. With a 40-year record of driving growth and more than 130 initial public offerings, IVP has partnered with more than 400 companies.

Meritech provides growth-stage venture capital to category-defining private technology companies and has been one of the top performing venture firms of the past two decades.

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