Pactum AI
Pactum AI sells procurement automation software that uses digital workers to handle indirect and direct purchasing tasks. The company has raised $109M, including a Series C in June 2025, and employs 167 people.
The growth story
Pactum AI grew from 26 to 167 employees between 2021 and 2026, raising $109M along the way, most recently a Series C in June 2025.
About
Pactum AI builds software that automates procurement processes for businesses. Its digital workers handle tasks like intake validation, cost optimization, and supplier management across indirect and direct purchasing categories.
The company has raised $109M from investors including Insight Partners and Atomico. It employs 167 staff, with a strong engineering focus making up nearly 20% of its workforce.
Founders and leadership
Engineering is the largest department with 30 employees. The leadership team includes founders with backgrounds in procurement software and AI, supported by investors like DocuSign and Jaan Tallinn.
The Pactum AI org chart
Kaspar Korjus (Co-Founder & CEO) leads 60 mapped leaders with 21 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Engineering 34 (+17% YoY), Information Technology 21 (+31% YoY), Sales 20 (0% YoY), Operations 16 (0% YoY), Business Development 14 (+17% YoY), Customer Success and Support 12 (+50% YoY).
Talent flow
Many employees come from European tech companies like Wise, Bolt, and Pipedrive. The University of Tartu is the top alma mater, supplying 19 alumni. Median tenure is just one year, with some moving to Microsoft and other procurement tech firms.
Most common previous employers of Pactum AI staff: Wise (10), Coupa (9), Bolt (9), Pipedrive (9), University of Tartu (8), Veriff (7). Former Pactum AI employees most often moved to Microsoft (3), ARIS (2), Wise (2), Creatomus Solutions (2), Bolt (2), Rollo Robotics (1).
Alumni worth knowing
The Pactum AI mafia
Alumni have founded 12 companies, including robotics firm Rollo Robotics and HR tech startup Hired by Noon. These spinouts employ between 2-11 people each.
12Sander Sebastian Agur, was Managing Partner until 2022Gelly Mikko, was HR Manager until 2026Nick Tomassetti, was Chief of Staff until 2026Martin Rand, was Board member & Co-Founder until 2025Karl-Kristjan Saar, was Sales Intern until 2022Ivo Kund, was VP of Engineering — Scale (Series B → Series C) until 2026
Arthen Sirola-Hashemi, was Board Observer until 2025
Jens Kasemets, was Staff Product Manager until 2026
Carl Rannaberg, was Engineering Lead until 2026
Kimberly Chan, was Staff Product Manager until 2022
Dmitri Borohhov, was Product Engineering Lead until 2024
Adnan Dawood, was Head of Marketing and Public Relations until 2023Hiring now
Web traffic
Traffic mix: 0% direct, 0% search, 0% social, 0% paid.
What this company is made of
Most common skills at Pactum AI: Project Management (65), Leadership (45), Software as a Service (SaaS) (39), Management (38), Python (Programming Language) (36), SQL (36), Team Leadership (35), Business Development (35).
Where the team actually sits
Pactum AI people are concentrated in Harjumaa, Estonia (39), Estonia (31), England, United Kingdom (7), Catalonia, Spain (5).
Search footprint
Pactum AI attracts about 78 organic search visits a month, traffic worth roughly $0K a month if bought through ads. It gained 16 ranking keywords and lost 20 in the last period.
What employees say
- Compensation
- 4.10 / 5
- Career opportunities
- 3.50 / 5
- Senior management
- 3.50 / 5
- Work-life balance
- 4.10 / 5
Frequently asked
Pactum AI has 167 employees as of September 2026.
Pactum AI has raised $109M in total, most recently a Series C round in June 2025.
Pactum AI was founded in 2019 by Kaspar Korjus, Kristjan Korjus.
Kaspar Korjus (Co-Founder & CEO) sits at the top of Pactum AI's reporting structure, with 21 direct reports.
The most common previous employers of current Pactum AI staff are Wise (10 people), Coupa (9 people), Bolt (9 people).
Former Pactum AI employees most often move to Microsoft (3), ARIS (2), Wise (2).
At least 12 companies have a founder who previously worked at Pactum AI, including Rollo Robotics, Hired by Noon, ChannelFlex.
Pactum AI attracts about 78 organic search visits a month, worth roughly $0K a month in equivalent ad spend.
The most common skills among Pactum AI staff are Project Management, Leadership, Software as a Service (SaaS), Management, Python (Programming Language).
Pactum AI staff are concentrated in Harjumaa, Estonia (39), Estonia (31), England, United Kingdom (7).
Pactum AI has about 34 people in Engineering, up 17% over the past year, as of September 2026.
Pactum AI has about 21 people in Information Technology, up 31% over the past year, as of September 2026.
Computed from 144 current and 121 former Pactum AI profiles, as of September 2026. Source: Crustdata.
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