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
Software
N/A
N/A
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
2
2
$15.5M
Company was founded 2019 and it took almost 2 years (Apr 2021) to raise first external round
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