Pactum
Company

Last deal

Amount

Grant

Stage

24.07.2024

Date

6

all rounds

$55.1M

Total amount

General

About Company
Pactum AI automates contract negotiations on a massive scale, helping companies unlock value from thousands of suppliers.

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founded date

01.07.2019

Number of employees

Company Type

For Profit

Last funding type

Grant

IPO status

Private

Description

Pactum.com is an AI-powered platform that enables global companies to automatically negotiate personalized contracts with suppliers. By scanning and extracting key priorities from contracts, Pactum's chatbot negotiates win-win agreements in minutes, freeing up resources for more complex negotiations. With an easy-to-use interface and best-practice negotiation strategies, Pactum saves time, increases efficiency, and reduces errors and omissions. Backed by founders of Skype and TransferWise, and built by experts from Skype, Starship Technologies, and the Estonian government's e-Residency program, Pactum is based in Mountain View with operations in Estonia.
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