Pactora Inc.
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Pactora Inc. - overview
Established
2018
Location
San Francisco, CA, US
Primary Industry
Software
About
Pactora Inc. , based in the US, specializes in providing an integrated platform for managed service providers (MSPs) to enhance their sales processes and increase revenue through automation and streamlined workflows. Pactora Inc. was founded in 2018 and is located in San Francisco, US.
The company focuses on delivering a platform designed to assist managed service providers in optimizing their sales operations. The founders, Rahil Shah and Shruti Ghatge, have leveraged their expertise to establish this venture. In February 2021, Pactora raised USD 13 mn in a Series A funding round co-led by Accel and Elevation Capital, with participation from Eight Roads Ventures and Greenoaks Capital. This round brought the total amount raised to USD 13 mn and the company's valuation to USD 47.
286 mn. Zomentum, a product of Pactora Inc. , provides an integrated platform tailored for managed service providers (MSPs) to enhance their sales processes. Key features include a sales CRM that offers quoting and e-sign capabilities, recurring payment collections, license management, and billing reconciliations.
The platform includes an AI-enabled proposal writer for quick, personalized proposals and automation tools that manage sales workflows from initial quotes to payment collections. Zomentum supports over 4,000 active go-to-market partners and more than 100 SaaS companies globally, primarily serving clients in the United States and the United Kingdom across sectors such as IT services, accounting, and construction. Zomentum operates on a subscription-based revenue model, offering various pricing tiers for small agencies, mid-sized companies, and large enterprises. Clients utilize the platform's features for quoting, signing, and payment management, facilitating a streamlined transaction process.
The service allows MSPs to generate proposals, collect upfront payments, and establish recurring billing for managed service invoices, all integrated within the platform. The system's compatibility with accounting tools such as QuickBooks and Xero enhances its offering, providing clients with comprehensive revenue management capabilities. In February 2021, Pactora Inc. secured USD 13 mn in Series A funding, which will be directed towards product development and expansion into multiple geographies.
The company aims to enhance its product lineup and penetrate new markets, with a focus on increasing its global footprint by targeting regions that align with their business strategy. Under the leadership of CEO Shruti Ghatge, Pactora is poised to leverage its recent funding to support these growth initiatives.
Current Investors
Accel, Elevation Capital, Eight Roads Ventures
Primary Industry
Software
Sub Industries
Systems Management Software, Customer Relationship Management, Application Integration Software, Analytics & Performance Software
Website
www.zomentum.com
Verticals
Artificial Intelligence, Cloud Computing
Company Stage
Series A
Total Amount Raised
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