Indy’s PactSafe Snags $5.5M Series A to Expand Contracting Software

Share PactSafe, founded in 2015, sells software that makes electronic signatures and contract acceptance “seamless and high-velocity,” according to founder and CEO Brian Powers, in order to make the process less complex and more efficient.Powers says his company takes a “fundamentally different” approach to online contracting services.Powers says the company’s customers include Angie’s List, TiVo, Upwork, and CDW.The 12-person company, which has raised a total of $8 million since 2015, plans to use its new investment capital to hire more engineers, expand sales and marketing efforts, and, over time, expand how and where its software is deployed, Powers says.“We’re working on really innovative ways to get contracts in front of people,” he adds.