When was Pactum founded?

Pactum was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Pactum located?

Pactum is headquartered in Mountain View, United States.

Who is the current CEO of Pactum?

Kaspar Korjus of Pactum. They have also founded 1 company.

How many employees does Pactum have?

As of Jun 30, 2026, the latest employee count at Pactum is 168.

Is Pactum a funded company?

Pactum is a funded company, having raised a total of $108M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 29, 2020.

When was the latest funding round of Pactum?

Pactum's latest funding was a $***** Series C round on May 16, 2025, with participation from 1 investor.

Where does Pactum rank among its competitors?

Pactum ranks 5th amongst 131 active competitors, of which 28 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Spotdraft, which secured $8M in Jan, 2026.

Who are the top competitors of Pactum?

Pactum's top competitors include Sirion, Conga and Spotdraft. Among them, Spotdraft secured the most recent funding round in January, 2026.

Pactum - 2026 Company Profile, Team, Funding & Competitors

Company Details

Developer of an agentic AI platform for enterprise procurement negotiations. The platform facilitates autonomous negotiations with suppliers to identify mutually beneficial agreements. It provides tools for autonomous negotiations, dashboards for value creation insights, and operational oversight. The platform aims to enhance supplier engagement and increase business velocity. It also builds a library of negotiation behavioral learnings.

Website: pactum.com
Social
Email ID: *****@pactum.com

Key Metrics

Founded Year

2019

Location

Mountain View, United States

Stage

Series C

Total Funding

$108M in 5 rounds

Latest Funding Round

Series C, May 16, 2025, $*****

Investors

Insight Partners & 15 more

Ranked

5^th among 131 active competitors

Employee Count

168 as on Jun 30, 2026

Similar Companies

Cleo & 1771 more

View Pactum's full profile

Pactum is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Pactum AI OÜ CIN: 14809780 , Estonia, Active	Sep 22, 2019	€1M - €10M (As on Dec 31, 2023)	49 (As on Sep 30, 2024)
PACTUM AI, INC. CIN: 7515312 , United States, Active	Jul 15, 2019	-	-	-

Pactum has raised a total funding of $108M over 5 rounds. Its first funding round was on Jun 29, 2020. Its latest funding round was a Series C round on May 16, 2025 for $*****. 1 investor participated in its latest round. Pactum has 12 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Pactum:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 16, 2025	7166291	Series C	4072281	1227465	5791804	6622337
Jul 11, 2024	3385865	Series B	7466371	2079799	1172211	3VC Seed & 5 more
Dec 08, 2022	6023159	Series B	8020103	6544617	3VC Seed	Atomico & 6 more

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View details of Pactum's funding rounds and investors

The founders of Pactum are Martin Rand and Kaspar Korjus. Kaspar Korjus is the CEO of Pactum.

Here are the details of Pactum's key team members:

Martin Rand: Former Co-Founder of Pactum and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address
Kaspar Korjus: Co-Founder & CEO of Pactum. They serve on the board of 1 company.
Contact Info: 1 email address

Pactum's Board of Directors

Pactum's board has 6 active members. Martin Rand, Thies Sander, Kaspar Korjus, Ben Blume, Josh Zelman and Kristjan Korjus are independent board members.

Here is the list of Pactum's board of directors:

Name	Type	Representing	Status	Duration
Martin Rand	Independent board member	-	Current	5y 3m
btkrhk{	Independent board member	-	Current	2y 7m
gtlujiz	Independent board member	-	Current	4y 6m
hddjw{x	Independent board member	-	Current	8y 1m
ueluywt	Independent board member	-	Current	7y 3m
rymmnzb	Independent board member	-	Current	6y 7m

View details of Pactum's Founder profiles and Board Members

Pactum's employee count trend

Pactum has 168 employees as of Jun 26. Here is Pactum's employee count trend over the years:

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Top competitors of Pactum include Sirion, Conga and Spotdraft. Here is the list of Top 10 competitors of Pactum, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Sirion 2012, Lehi (United States), Acquired	AI-powered contract lifecycle management platform	$171M	Peak XV Partners, Tiger Global Management ... & 16 others	74/100
2nd	Conga 2006, Broomfield (United States), Acquired	Provider of document automation, contract lifecycle management, and revenue solutions	$140M	Salesforce Ventures, Insight Partners & 3 others	72/100
3rd	Spotdraft 2017, New York City (United States), Series B	AI-powered contract lifecycle management solution for companies	$113M	Premji Invest, Angel List & 56 others	72/100
4th	m3ter 2020, London (United Kingdom), Acquired	Platform offering SaaS based utility price management platform	$31.5M	Insight Partners, Kindred Capital & 26 others	65/100
5th	Pactum 2019, Mountain View (United States), Series C	Developer of an agentic AI platform for enterprise procurement negotiations	$108M	Insight Partners, Superangel & 14 others	62/100
6th	Vendavo 1998, Denver (United States), Acquired	Price optimization and management software for B2B Sales	$21M	Accel-KKR, Mesirow & 10 others	61/100
7th	Sciative 2015, Mumbai (India), Seed	Pricing and big data analytics services company in Mumbai, India	$546K	Turbostart	55/100
8th	Zilliant 1998, Austin (United States), Acquired	Provider of AI-driven pricing and revenue optimization software for B2B	$80M	Goldman Sachs, Trellis Partners & 13 others	55/100
9th	Bulk MRO 2015, Mumbai (India), Series A	Online B2B platform for industrial supply	$6.69M	Y Combinator, Bain Capital & 14 others	54/100
10th	SpringCM 2005, Chicago (United States), Acquired	Cloud enterprise content and contract management solutions	$97.6M	North Bridge Venture Partners, Square 1 Bank ... & 10 others	54/100