Pactum
Mountain View, US · Founded 2019 · 10 known investors
Pactum builds autonomous AI agents that negotiate supplier contracts and manage procurement at enterprise scale. The platform handles thousands of supplier negotiations simultaneously, optimizing pricing, payment terms, and contract conditions for Global 2000 companies across manufacturing, retail, and consumer goods sectors.
AI & Machine LearningEnterprise SoftwareSaaS
Founders & leadership
Pactum was founded in 2019 by Kristjan Korjus, Kaspar Korjus, and Martin Rand.
KK
Kristjan KorjusinCo-Founder and Chief Scientist
KK
Kaspar KorjusinCo-Founder & CEO
MR
Martin RandCo-founder
Board
JZ
TS
Thies SanderBoard director
Investors · 10
3VCVienna · $1.1M – $10M
Insight PartnersNew York · $120M – $350M
Karma VenturesTallinn · $1.1M – $5.4M
Maersk Growth$1M – $50Mvia Shereen Zarkani · inferred
MetaplanetTallinn · $500K – $10M
NordicNinjaLondon
PortfoLion Capital PartnersBudapest · $540K – $32.4M
Project A VenturesBerlin · $1.1M – $6.6M
AtomicoreportedLondonvia Ben Blume · board
SuperAngelreportedTallinn · $108K – $540K
Reported raises · per SEC filings
Form D private placements$61M disclosed across 2 rounds · 2021–2025
▶$50MraisedJun 2025 · 11 investors · Other TechnologyRule 506(b)
▶$50MraisedJun 2025 · 11 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Kristjan KorjusExecutive Officer, Director
- Kaspar KorjusExecutive Officer, Director
- Ben BlumeDirector
- Josh ZelmanDirector
- Thies SanderDirector
- Offering amount
- $50M
- Amount sold
- $50M
- First sale
- May 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$11MraisedMay 2021 · 5 investors · Other TechnologyRule 506(b)
▶$11MraisedMay 2021 · 5 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Kaspar KorjusExecutive Officer, Director
- Kristjan KorjusExecutive Officer, Director
- Ben BlumeDirector
- Martin RandExecutive Officer, Director
- Thies SanderDirector
- Offering amount
- $11M
- Amount sold
- $11M
- Minimum investment
- $133.4K
- First sale
- Apr 2021
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 2
by search overlapElementum11 shared keywordsElementum offers an AI-native workflow and business process automation platform that runs inside a company's own data cloud, positioned as a replacement for legacy enterprise SaaS. It targets large enterprises and is pre-integrated with AI/ML/LLM tools, using a "Zero Persistence" architecture so customer data does not persist in its systems.
iCertis, Inc.6 shared keywordsIcertis provides AI-native contract intelligence software that helps enterprises automate and optimize contract management to accelerate business execution.
Companies competing with Pactum for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Pactum do?
- Pactum builds autonomous AI agents that negotiate supplier contracts and manage procurement at enterprise scale. The platform handles thousands of supplier negotiations simultaneously, optimizing pricing, payment terms, and contract conditions for Global 2000 companies across manufacturing, retail, and consumer goods sectors.
- Who founded Pactum?
- Pactum was founded by Kristjan Korjus, Kaspar Korjus, Martin Rand in 2019.
- Who are Pactum's investors?
- Pactum's investors include 3VC, Insight Partners, Karma Ventures, Maersk Growth, Metaplanet, NordicNinja, PortfoLion Capital Partners, Project A Ventures and 2 more.
- How much funding has Pactum raised?
- Pactum has disclosed $61M raised across 2 rounds.
- Where is Pactum headquartered?
- Pactum is headquartered in Mountain View, US.