Is Luzmo or Pigment better?

Neither clearly leads. Luzmo starts at €995/month and Pigment at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.

Which is cheaper, Luzmo or Pigment?

Luzmo starts at €995/month and Pigment at On request.

Does Luzmo or Pigment run on more platforms?

Both run on Web, so platform support will not decide this one for you.

What is Luzmo best used for?

Luzmo is most often used for a b2b saas product that needs customer-facing dashboards without hiring a front-end data visualisation team, a vertical software vendor that wants to sell an analytics module as a paid add-on, a product where each customer must only see their own rows and the security boundary has to be provable to an auditor, a team that wants end customers to build their own charts rather than filing feature requests for every new report. Of those, a b2b saas product that needs customer-facing dashboards without hiring a front-end data visualisation team and a vertical software vendor that wants to sell an analytics module as a paid add-on are not what Pigment is typically brought in for.

What can Luzmo do that Pigment cannot?

Luzmo covers Multi-tenant row-level security, Embeddable editor, Theming and white labelling, SDKs and APIs. Pigment covers Dimensional modelling, Scenario planning, Data connectors, Application blocks.

Business Intelligence · head to head

Luzmo vs Pigment

Luzmo

Business Intelligence

Embedded analytics for SaaS products, billed by monthly active dashboard users

From: €995/month
Rated: -

Full review Website

Pigment

Business Intelligence

Enterprise business planning platform for finance, sales and workforce modelling

From: On request
Rated: -

Full review Website

The short version

Each has a real cost: Luzmo billing by monthly active users means commercial success is punished: getting every one of your customers into the dashboard weekly is exactly the outcome that pushes you into the next tier.; Pigment no pricing is published and the structure has three moving parts, platform fee, use-case fees and tiered seats, so two companies of the same size can pay very different amounts and neither can benchmark the other.
They diverge on capability: Luzmo covers Multi-tenant row-level security, Pigment covers Dimensional modelling.
Prices and features above were last checked on 31 August 2026.

Where they differ

Only the attributes on which Luzmo and Pigment actually diverge.

Attributes where Luzmo and Pigment differ
Attribute	Luzmo	Pigment
Starting price	€995/month	On request
Pricing model	Per month by monthly active user count	quote

Identical on both: free tier (No), platforms (Web), user rating (Not yet rated), category (Business Intelligence).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Luzmo

Multi-tenant row-level security
Embeddable editor
Theming and white labelling
SDKs and APIs
Luzmo IQ
Scheduled exports

Only in Pigment

Dimensional modelling
Scenario planning
Data connectors
Application blocks
Reporting and boards
Access control
Audit trail
AI assistance

What people use each for

The jobs each tool is most often brought in to do.

Luzmo

A B2B SaaS product that needs customer-facing dashboards without hiring a front-end data visualisation teamnot Pigment
A vertical software vendor that wants to sell an analytics module as a paid add-onnot Pigment
A product where each customer must only see their own rows and the security boundary has to be provable to an auditornot Pigment
A team that wants end customers to build their own charts rather than filing feature requests for every new reportnot Pigment

Pigment

A finance team retiring a fragile Excel consolidation that no one can audit and only one person can runnot Luzmo
Sales operations modelling quota, territory and headcount capacity against a revenue plan in the same system finance usesnot Luzmo
A company that needs monthly re-forecasting fast enough to run scenarios live in the leadership meetingnot Luzmo
Replacing an ageing Anaplan estate where the model has become unmaintainable and per-workspace costs have crept upnot Luzmo

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Luzmo

Billing by monthly active users means commercial success is punished: getting every one of your customers into the dashboard weekly is exactly the outcome that pushes you into the next tier.
The entry price of EUR 995 per month billed annually rules it out for early-stage products, so the realistic buyer already has meaningful revenue.
It is built for embedding rather than internal analysis, so most customers still pay for a second BI tool for their own staff, doubling the analytics line item.
The semantic modelling layer is lighter than a dedicated one such as dbt or Cube, so complex metric definitions often have to be pre-computed in the warehouse before Luzmo sees them.
As a smaller European vendor it has less connector breadth and a smaller partner ecosystem than the US incumbents, and unusual data sources frequently need an intermediate warehouse hop.

Pigment

No pricing is published and the structure has three moving parts, platform fee, use-case fees and tiered seats, so two companies of the same size can pay very different amounts and neither can benchmark the other.
Cost scales with planning processes rather than with company size, so a successful first deployment creates internal demand that directly increases the bill at renewal.
It requires a modelling owner. Without a person who understands dimensional design, teams rebuild spreadsheet patterns in Pigment and inherit all the maintenance problems they were trying to escape.
Implementation is partner-led and measured in months, so the payback horizon is long compared with lighter FP&A tools that a controller can configure alone.
The connector library covers major systems well but the long tail is thinner than the incumbents, and industry-specific source systems often need a warehouse or a file drop in between.

Pricing, plan by plan

Luzmo

€995/month

Starter$995/month
- Embedded dashboards with white labelling
- Custom charts
- APIs and SDKs
Premium$2495/month
- Everything in Starter
- End-customer self-service dashboard building
- Luzmo IQ conversational insights
Enterprise$undefined/year
- Dedicated VPC option
- Flexible hosting region
- OIDC single sign-on

Pigment

On request

Pigment platform$undefined/year
- Platform fee plus per use-case fees
- Licences tiered as editor, contributor and explorer
- No free tier and no self-service signup

Which should you pick?

Choose Luzmo if

You need multi-tenant row-level security.
You also want embeddable editor.

Luzmo review

Choose Pigment if

You need dimensional modelling.
You also want scenario planning.

Pigment review

Questions people ask

Is Luzmo or Pigment better?: Neither clearly leads. Luzmo starts at €995/month and Pigment at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Luzmo or Pigment?: Luzmo starts at €995/month and Pigment at On request.
Does Luzmo or Pigment run on more platforms?: Both run on Web, so platform support will not decide this one for you.
What is Luzmo best used for?: Luzmo is most often used for a b2b saas product that needs customer-facing dashboards without hiring a front-end data visualisation team, a vertical software vendor that wants to sell an analytics module as a paid add-on, a product where each customer must only see their own rows and the security boundary has to be provable to an auditor, a team that wants end customers to build their own charts rather than filing feature requests for every new report. Of those, a b2b saas product that needs customer-facing dashboards without hiring a front-end data visualisation team and a vertical software vendor that wants to sell an analytics module as a paid add-on are not what Pigment is typically brought in for.
What can Luzmo do that Pigment cannot?: Luzmo covers Multi-tenant row-level security, Embeddable editor, Theming and white labelling, SDKs and APIs. Pigment covers Dimensional modelling, Scenario planning, Data connectors, Application blocks.

Answered from the vendors’ own pages

Luzmo: Is Luzmo the same as Cumul.io?

Yes. Cumul.io rebranded to Luzmo; it is the same company and product line.

Pigment: Does Pigment publish prices?

No. Expect a quote combining a platform fee, fees per planning use case, and seat licences split into editor, contributor and explorer tiers.

Luzmo: How is it priced?

By monthly active users of your embedded dashboards, from EUR 995 per month on Starter billed annually.

Pigment: Is Pigment an alternative to Anaplan?

It is positioned directly against Anaplan and much of its customer base is migrating from it, mainly citing modelling readability and recalculation speed.

Luzmo: Is there a free tier?

No, only a trial. There is no perpetual free plan.

Pigment: Can we use it without consultants?

In practice most deployments use Pigment or a partner for the initial build. Ongoing model changes can be handled in-house once someone owns the modelling discipline.

Luzmo: Can our customers build their own dashboards?

Yes, but the embeddable editor for end-customer self-service sits on the Premium tier.

Pigment: Where is data hosted?

Pigment is a European vendor with regional hosting options, which is often the deciding factor for EU buyers with data residency requirements.

Luzmo vs Pigment

Luzmo

Pigment

The short version

Where they differ

What each one covers

Only in Luzmo

Only in Pigment

What people use each for

Luzmo

Pigment

Where each one falls short

Luzmo

Pigment

Pricing, plan by plan

Luzmo

Pigment

Which should you pick?

Choose Luzmo if

Choose Pigment if

Questions people ask

Answered from the vendors’ own pages

Related pages

More on Luzmo

More on Pigment

Keep looking

Other head to heads