Pactum AI on LinkedIn: As Bloomberg reports, we’ve just raised $20 million to accelerate the… | 12 comments
Summary
As Bloomberg reports, weve just raised $20 million to accelerate the machine buying megatrend in procurement: https://lnkd.in/dBYNuN4w Thank you to deep-tech specialists Karma Ventures, who led our Series B investment, joined by existing investors Maersk Growth, 3VC, Atomico, and Project A, as well as Superangel and PortfoLion Capital Partners as new investors. This investment will enable us to extend our support for procurement teams around the world as they embrace AI agents as their colleagues. But, over many thousands of autonomous negotiations since then for some of the worlds largest companies, our AI agents have handled billions of dollars in spend and proven their ability to achieve better outcomes for both sides. In the process, our AI has developed the worlds largest library of negotiation behavioral learnings as every autonomous negotiation helps our AI agents learn better how to achieve better outcomes for both sides. The fastest scaling use of autonomous negotiations is now for direct procurement within large manufacturing companies.
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