Source: Estonian World

Pactum AI: Estonian AI-based negotiation platform startup closes a USD3 million seed round

Pactum , an Estonian-founded AI-based platform that enables companies to automate personalised commercial negotiations, has announced the closing of a USD3 million seed financing round led by Berlin-based Project A , a venture capital fund focused on innovative startups, with investments by DocuSign and other previous investors."We're happy to announce this round of funding which will bring our technology to more enterprises that need it," Martin Rand, the CEO of the company, said in a statement."Project A is at the forefront of the most innovative breakthroughs in tech and AI while DocuSign is an iconic brand in the world of agreements. Today, legaltech, fintech and enterprise AI solutions are converging into a unified platform for agreements and DocuSign has a wealth of experience in this."Pactum's founders Kristjan Korjus, Martin Rand and Kaspar Korjus.Pactum was founded in 2019 to help companies uncover hidden value in supplier contracts.Continue reading Estonian AI-based negotiation platform startup closes a USD3 million seed round at Estonian World.

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Martin Rand's photo - CEO of Pactum AI

CEO

Martin Rand

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90/100

Pactum develops an AI-based platform that offers contract negotiation and management solutions to businesses. Read more