Goodbye Excel? AI Agents for Self-Driving Finance – Pigment CEO

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The MAD Podcast with Matt Turck 1h 5m 1 speaker 3 chapters transcribed 28 days ago
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What is the overall vision behind Pigment’s AI‑driven finance platform?

Eléonore Crespo 0:00
Today we live in a world that keeps accelerating. The C level executives they have to act fast faster than ever. Maybe you're gonna w literally want to run five thousand scenarios in parallel on an infinite quantity of data. That's just impossible to do for anybody. These agents work all together and you have to think about it as an extended team.
Matt Turck 0:19
Of whatever you have. Welcome to the Matt Podcast. I'm Matt Turk from Firstmark. My guest today is Eleanor Crespo, physicist, turn entrepreneur and CEO of Pigment, a company that has raised $400 million to bring AI agents into the CFO's office and already powers dozens of customers like Anthropic, Figma, Snowflake, Uber, and Coca-Cola. We talked about building error-proof. AI agents.
Eléonore Crespo 0:44
We deal with very, very sensitive data. We have launched the first three agents: analyst, modeler, and planner. These agents really need to be separated because we are still at the beginning of the Agentic Framework.
Matt Turck 0:56
Why self-driving finance is closer than you think.
Eléonore Crespo 0:58
We are working already with some customers on an autonomous planning system. That's not far.
Matt Turck 1:04
Building a global category definer from Europe.
Eléonore Crespo 1:06
My goal is to create a global company and it's about breaking boundaries between Europe and US and whether
Matt Turck 1:12
AI will finally kill Excel.
Eléonore Crespo 1:14
I have a prediction that Excel will
Matt Turck 1:17
Stick around for this excellent conversation with a truly remarkable CEO. Good to see you. Thanks for being here.
Eléonore Crespo 1:24
I'm super happy to be here with you, Matt.
Matt Turck 1:26
You are building an extraordinary company that uh people may or may not have yet heard about uh called Pygment. What's the simplest way of describing what Pygmin does?
Eléonore Crespo 1:38
Yeah, so maybe I will start by setting up the scene of what's happening today in the world. And I think that will explain uh clearly what Pigman does. So today we live in a world that keeps accelerating because of AI, but also because of macroeconomic events. So we see uh in the world so many things happening: inflation, tariff, wars, etc., so like supply chain shortage. And because of that The C level executives, they have to act fast on it. They have to act really, really fast and faster than ever. And if they don't have the right technology to help them take fast decisions, it's very difficult for them to adapt to these fast macroeconomic conditions. So there is this element, and there is also the proactive element of uh this macroeconomic condition, which is I want to put potentially hire very fast because of AI.
Eléonore Crespo 2:21
I want to potentially invest in some products, etc. And again, you need to make fast decisions. And so Pigment in a nutshell is what we call an AI enterprise performance management platform that helps you take better, faster decisions based on the right data. So we collect the data. From all of your systems, so source system, whether it's your CRM, your ERP, HRIS, et cetera, we put them in one platform and we help you model that data to help you take these great decisions. So think about it very simply as what a GPS is compared to a compass. The goal here is to say, for instance, if you want to go fast and you're on the highway, we will help you take the highway. If you actually want to be conscious, we'll help you take.
Eléonore Crespo 3:01
take another role that perhaps will waste less gas. And and this is really what we are trying to do with our customer is to help them adapt very fast and take very fast decisions to react to the world.
Matt Turck 3:12
Fantastic. So I mentioned uh extraordinary company. So maybe give us some some stats. Uh so you're growing very fast. Um you've raised close to four hundred million in in venture capital. How how big is the company now in terms of uh number of employees or any stats you can share?
Eléonore Crespo 3:28
Sure. So today we are 500 employees at Pigment. We are still growing 2x. We are so we we've been growing very fast since the beginning. There is real demand because of of everything that I just explained. We raised 400 million, thanks to you, Matt. You were one of our first investors and uh and I was so happy actually to to to get to know you uh now uh about almost six years ago.

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