Tuesday, December 24, 2024

Pactum: Closes $3M Seed Funding Round

Pactum: Closes $3M Seed Funding Round

  • Pactum, which works to let companies automate personalized commercial negotiations on a wide scale, has ended a seed funding round for $3M
  • Some of the backers include Berlin-based Project A, a venture capital firm working with innovative startups, with investments by DocuSign and other older investors
  • Walmart also included in the customers Pactum can release publicly, the release adds
  • Pactum CEO Martin Rand also said the investors had helped to boost the company through the funding and belief in the company
  • Project A is at the forefront of the most innovative breakthroughs in tech and AI and DocuSign is an iconic brand in the world of agreements
  • Project A General Partner Uwe Horstmann also said the company convinced that AI-based systems shape the future of commercial negotiations

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