Pactum

About:

Pactum AI helps companies to unlock value from thousands of suppliers by automatically negotiating contracts on a massive scale.

Website: https://www.pactum.com/

Twitter/X: pactumai

Top Investors: Metaplanet, Atomico, DocuSign, Project A Ventures, 3VC

Description:

Pactum.com increases the value of vendor or employee contracts by negotiating win- win agreements on a massive scale. The AI system uses best practice strategies and tactics to negotiate agreements in a chat like interface. Pactum can hold an unlimited number of parallel sessions to renegotiate all vendor contracts in a matter of minutes, freeing up resources for more complex negotiations and contributing directly to the bottom line. The company is based in Mountain View with engineering and operations in Estonia. Pactum is backed by founders of Skype and TransferWise and built by luminaries from Skype, Starship Technologies and the Government of Estonia’s e-Residency program.

Total Funding Amount:

$55.2M

Estimated Revenue Range:

$10M to $50M

Headquarters Location:

Mountain View, California, United States

Founded Date:

2019-07-01

Contact Email:

info(AT)pactum.com

Founders:

Kaspar Korjus, Kristjan Korjus, Martin Rand

Number of Employees:

51-100

Last Funding Date:

2024-07-24

IPO Status:

Private

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