Pactum AI is an AI-driven software platform that enables global enterprises to automate and personalize commercial negotiations at scale. The system is designed to streamline the negotiation process by using artificial intelligence to align the values and interests of both the client and their negotiation partner, resulting in efficient, win-win agreements.
Through an easy-to-use chat interface, Pactum AI automates the execution of best-practice negotiation strategies. This not only saves valuable time for corporate procurement and vendor management teams, but also ensures that both sides of a negotiation reach mutually beneficial outcomes. The platform is particularly valuable for organizations that manage a high volume of commercial negotiations and seek to optimize value across their supplier or partner networks.
How was Pactum AI started?
Pactum AI was founded by Kristjan Korjus, Martin Rand, and Kaspar Korjus, who bring significant experience from the tech and digital government sectors. The company is backed by the founders of Skype and TransferWise and was built by a team with backgrounds at organizations such as Skype, Starship Technologies, and Estonia’s e-Residency program. Pactum AI is headquartered in Mountain View, California, with engineering and operations based in Estonia. Learn more about their story.
Who uses Pactum AI?
Pactum AI serves large enterprises that need to negotiate with numerous suppliers or partners. Notable customers include:
- Walmart
- Bristol Myers Squibb
- Veritiv
- SUEZ
These companies leverage Pactum AI to automate and optimize negotiations, particularly where efficiency and scale are critical.
What makes Pactum AI different?
- AI-powered chat interface for commercial negotiations
- Focus on aligning values for win-win outcomes
- Backed by leading technology founders and a team with deep industry expertise
- Operates globally, supporting clients in complex, high-volume negotiation environments
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