Companies › Pactum AI

Pactum AI

Mountain View, California, USA · ≈210 employees · pactum.com

Pactum AI is an AI procurement negotiation tool founded in 2019, specializing in agentic AI to automate supplier negotiations for global enterprises. The company offers autonomous AI agents and chatbots that engage with suppliers through email and chat, handling contract terms, commercial costs, and purchasing deals without human intervention. Based in Mountain View, California, and backed by the founders of Skype and TransferWise, Pactum AI has a team of approximately 127 employees. The company serves over 50 of the world's largest enterprises, including notable clients like Walmart, Maersk, and Vodafone. Its core offering, the Negotiations Suite, is designed specifically for procurement, featuring capabilities for commercial term negotiations, contract cost negotiations, and purchasing negotiations. The platform aims to streamline the negotiation process for Chief Procurement Officers, CFOs, and buyers, allowing them to save time and maximize value through automation.

Information Technology & Services

Also: multiagent systems · tail spend management · ai agents for procurement · autonomous procurement negotiation · supplier negotiations at scale · autonomous procurement · ai agents · direct procurement · indirect procurement · supplier management · intake · compliance

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Pactum AI

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