Pactos Raises $2.7M Pre-Seed Funding

Pactos, the AI-supported platform for digital procurement and management of external personnel, has secured $2,700,000 in a recent funding round. This investment will enable the company to accelerate its mission of optimizing external workforce management for businesses. The capital infusion marks a significant milestone in Pactos's growth trajectory as it continues to develop and deploy its advanced solutions. The company's platform provides a comprehensive suite of tools, including a Vendor Management System (VMS), Workforce Management System (WMS), and Tender Management. Pactos aims to maximize productivity by centralizing and automating all tasks related to external personnel, offering transparency from procurement to billing. Its user-friendly solutions simplify the entire process, allowing for centralized control, real-time analytics, compliance checks, and automated invoice verification. By leveraging state-of-the-art technology, Pactos frees businesses to focus on their core operations. This new funding round is a testament to the market's confidence in Pactos's technology and its potential to address complex challenges in managing contingent workforces. The funds will be strategically deployed to enhance the platform's AI capabilities, expand its engineering and sales teams, and increase its market penetration. Pactos plans to broaden its service offerings and reach new customer segments, further solidifying its position as a key player in the digital procurement and external personnel management sector. Pactos is committed to driving innovation and delivering significant value to its clients. With this capital injection, the company is well-positioned to execute its strategic growth initiatives, continuing to evolve its platform to meet the dynamic needs of modern businesses. The investment is expected to support Pactos's sustained expansion and product evolution in the coming years.