Pactum AI

Unlocking hidden value through autonomous negotiations

General Information
Company Name
Pactum AI
Founded Year
2019
Location (Offices)
Mountain View, United States +2
Founders / Decision Makers
Number of Employees
113
Industries
AI
Funding Stage
Series B
Social Media

Pactum AI - Company Profile

Pactum AI is an innovative startup with the slogan "Unlocking hidden value through Autonomous negotiations". Founded in 2019, it is based in Mountain View with engineering and operations in Estonia. The company has attracted significant attention and funding, with its most recent $20.00M Series A investment on 08 December 2022 from notable investors including 3VC, Project A Ventures, Atomico, NordicNinja VC, Maersk, Metaplanet Holdings, and Taavet+Sten. The company's main offering is its AI-based system, which enables global companies to automate the process of offering personalized, commercial negotiations on a large scale. Pactum's system focuses on creating win-win agreements through an easy-to-use chat interface, aligning values, and implementing best-practice negotiation strategies. The startup has a strong founding team, including individuals from Skype, TransferWise, Starship Technologies, and the Government of Estonia’s e-Residency program, which adds significant credibility and expertise to their operations. With its unique value proposition and impressive backing, Pactum AI stands out as a promising player in the negotiation technology space.

Taxonomy: AI-based system, commercial negotiations, global companies, autonomous negotiations, chat interface, negotiation strategies, Estonia, Skype founders, TransferWise founders, engineering, operation, mountain view, startup, innovation, technology

Funding Rounds & Investors of Pactum AI (5)

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Funding Stage Amount No. Investors Investors Date
Series B $20.00M 7 PortfoLion Capital Partners, Maersk Growth 11 Jul 2024
Series A $20.00M 3 08 Dec 2022
Series A $11.00M - 27 Apr 2021
Seed Round $3.00M - 29 Jun 2020
Pre Seed Round $1.15M - 11 Sep 2019

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