Pactum AI, Inc. Group
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Pactum AI, Inc. Group - overview
Established
2019
Location
Mountain View, CA, US
Primary Industry
Software
About
Pactum AI, Inc. , based in the US, is a software firm specializing in autonomous negotiation technology, enhancing efficiency in procurement across industries to maximize business value. Founded in 2019 in Mountain View, US, Pactum AI, Inc. provides software solutions for automated negotiations.
In May 2025, Pactum AI, Inc. raised USD 49. 99 million in series C funding led by Insight Partners, with participation from 3VC, Atomico, Karma Ventures, Maersk Growth, Project A, PortfoLion, Superangel, NordicNinja VC, Metaplanet Holdings, Skaala and Tyson New Ventures. The founders, Kaspar Korjus, Kristjan Korjus, and Martin Rand, have contributed significantly to the tech landscape, with previous entrepreneurial ventures enhancing their expertise.
Currently, the company's valuation stands at USD 90. 01 mn. Pactum AI specializes in providing an advanced Negotiation Suite designed to facilitate autonomous negotiations across various sectors, primarily focused on procurement. Their core offerings include Commercial Term Negotiations, Contract Cost Negotiations, and Purchasing Negotiations, all aimed at enhancing operational efficiency and maximizing value creation for businesses.
The suite features user-friendly dashboards that provide insights into negotiation outcomes and enable users to monitor their negotiation processes effectively. The target clientele includes large enterprises seeking to streamline their procurement processes, particularly in retail, manufacturing, and logistics, with marketing efforts spanning North America, Europe, and Asia. Pactum AI's revenue model is based on a subscription structure tailored for B2B transactions, with enterprises engaging through annual or multi-year contracts. Clients access the Negotiation Suite, which includes modules for Commercial Term and Contract Cost Negotiations.
The pricing framework accommodates varying scales of client operations, allowing both large corporations and smaller businesses to leverage the suite effectively. Ongoing partnerships enable firms to conduct continuous negotiations, enhancing outcomes and savings, reflected in the revenue generated from these contracts. The company will use the June 2025 funding to expand its market reach and increase its portfolio of AI agents. It is targeting the logistics and retail sectors in Asia and Europe for growth by the end of 2025.
The company aims to enhance its Negotiation Suite with advanced features that facilitate even more autonomous negotiation capabilities, thereby improving client acquisition and retention.
Current Investors
DocuSign, Inc., Project A , Atomico
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Application Integration Software
Website
www.pactum.com
Verticals
Artificial Intelligence, Cloud Computing
Company Stage
Series C
Total Amount Raised
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