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 3rd amongst 98 active competitors, of which 17 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Pactum, which secured $54M in May, 2025.

Who are the top competitors of Pactum?

Pactum's top competitors include Conga, m3ter and Vendavo. Among them, Pactum secured the most recent funding round in May, 2025.

Pactum - 2026 Company Profile, Team, Funding & Competitors

Pactum is a series C company based in Mountain View (United States), founded in 2019 by Martin Rand and Kaspar Korjus. It operates as a Developer of an agentic AI platform for enterprise procurement negotiations. Pactum has raised $108M in funding from investors like Insight Partners, Atomico and Karma Ventures. The company has 98 active competitors, including 17 funded and 10 that have exited. Its top competitors include companies like Conga, m3ter and Vendavo.

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

3^rd among 98 active competitors

Employee Count

168 as on Jun 30, 2026

Similar Companies

Cleo & 1966 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	6234707	Series C	3410969	8520042	6160299	7606333
Jul 11, 2024	9382272	Series B	2027336	9193808	6415361	3VC Seed & 5 more
Dec 08, 2022	6155040	Series B	9500812	7479580	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
unchbes	Independent board member	-	Current	6y 9m
hxbnfwe	Independent board member	-	Current	6y 4m
kvzlxdb	Independent board member	-	Current	6y 9m
ibpkdgg	Independent board member	-	Current	6y 6m
ezzjwqt	Independent board member	-	Current	1y 8m

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 Conga, m3ter and Vendavo. 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	Conga 2006, Broomfield (United States), Acquired	Provider of document automation, contract lifecycle management, and revenue solutions	$140M	Salesforce Ventures, Insight Partners & 3 others	68/100
2nd	m3ter 2020, London (United Kingdom), Acquired	Platform offering SaaS based utility price management platform	$31.5M	Insight Partners, Kindred Capital & 26 others	65/100
3rd	Pactum 2019, Mountain View (United States), Series C	Developer of an agentic AI platform for enterprise procurement negotiations	$108M	Insight Partners, Atomico & 14 others	62/100
4th	Vendavo 1998, Denver (United States), Acquired	Price optimization and management software for B2B Sales	$21M	Accel-KKR, Mesirow & 10 others	61/100
5th	Sciative 2015, Mumbai (India), Seed	Pricing and big data analytics services company in Mumbai, India	$546K	Turbostart	55/100
6th	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
7th	Class8 2015, Toronto (Canada), Series A	Provider of AI-powered truck dispatch and freight management solutions	$22M	Xplorer Capital, Resolute Ventures & 2 others	53/100
8th	Vistaar 2001, Parsippany (United States), Unfunded	Developer of software for price optimization and rebate management systems LD: Developer of software for price optimization and rebate management systems. This platform provides tools for managing complex deal structures, automated pricing updates, and promotional planning across multiple sales channels. It utilizes predictive intelligence and machine learning models to assist in balancing revenue and margin objectives. The software integrates data from various sources to provide actionable insights and guidance for commercial operations. It supports the configuration of quotes, the tracking of rebate programs, and the execution of pricing strategies within defined business guardrails	-	-	50/100
9th	Pricemoov 2016, Paris (France), Series A	Price management and optimization solution	$13.5M	Bpifrance, Global Founders Capital & 3 others	44/100
10th	Bubo AI 2019, United Kingdom, Seed	Provider of AI-based price optimization solution	$1.15M	Northern Powerhouse Investment Fund, Mercia ... & 12 others	43/100