Details

Last Funding Type

Seed

Last Funding Money Raised

$3M

Industries

Artificial Intelligence

Founded date

Jul 1, 2019

Number Of Employee

11 - 50

Operating Status

Active

Pactum.com increases the value of vendor or employee contracts by negotiating win- win agreements on a massive scale. The AI system uses best practice strategies and tactics to negotiate agreements in a chat like interface. Pactum can hold an unlimited number of parallel sessions to renegotiate all vendor contracts in a matter of minutes, freeing up resources for more complex negotiations and contributing directly to the bottom line. 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.