Pactum

Pactum is a technology company specializing in autonomous negotiation solutions for enterprise procurement. Founded in 2019 and headquartered in Mountain View, California, Pactum leverages agentic AI to automate supplier contract negotiations, enabling businesses to manage and optimize agreements at scale. Their platform integrates seamlessly with existing enterprise systems, such as SAP and Coupa, to execute thousands of negotiations simultaneously, focusing on mid-tier and tail spend suppliers. By aligning negotiation strategies with company policies and supplier constraints, Pactum's AI agents autonomously negotiate pricing, payment terms, rebates, discounts, and other commercial contract terms, unlocking significant value and improving supplier relationships. The company has raised over $100 million in funding and serves a diverse clientele, including major global brands.