Artificial Intelligence | Machine Learning | Machine Perception Pactum | Automating Repetitive Negotiations with AI


Enterprise, Contracts, Negotiations, Automation, Enterprises, AI Mountain View, CA, United States

Pactum

Artificial Intelligence | Machine Learning | Machine Perception


Pactum | Automating Repetitive Negotiations with AI

Pactum

Contracts, Negotiations, Automation, Enterprises, AI


Mountain View, CA, United States

Pactum is an AI-based system that helps global companies to automatically offer personalized, commercial negotiations on a massive scale. The system adds value and saves time for both the Pactum client and their negotiation partner by aligning their values to determine win-win agreements via an easy-to-use chat interface that implements best-practice negotiation strategies. 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.

 

B2B

1 to 25

Seed

$4,150,000

Scaling Up

2019

 
 

Retail and Commerce
Information Technology and Services
Financial Services
Enterprise Software
Commercial Real Estate

N/A

Contract Negotiation

 
 

Procurement
Service

Yes

Active

 
 

   Machine Learning
   Machine Perception
   Natural Language Processing


N/A


Text

Text

Time Series

Time Series

 

   Software


N/A


N/A

 
 

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Senior Full-Stack Engineer

Tallinn, Tallinn

Security and Compliance Engineer

Tallinn, Tallinn

Supplier Success Manager

Mountain View, California

Project Manager

Mountain View, California

Account Executive (Enterprise Clients)

London, England

 

AI/ML Professionals

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2

1

$11M

Company was founded 2019 and it took almost 2 years (Apr 2021) to raise first external round

 
 

Date

Round

$ Raised

Investors

04/27/2021

Series A

$11M

Project A, Atomico

Date : 04/27/2021

Round: Series A

$ Raised: $11M

Investors: Project A, Atomico

 

Investors

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Martin Rand


Martin Rand
CEO

Kristjan Korjus


Kristjan Korjus
Co-Founder & CTO

Kaspar Korjus


Kaspar Korjus
Co-Founder

 
 

Potential Customers

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