# PactSafe

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pactsafe

- Industry: Software
- Headquarters: Indianapolis, US
- Website: www.pactsafe.com
- Total disclosed funding: $6.7M
- Latest round: Series A (Jul 11, 2018)
- Investors on record: 6

## About

PactSafe, Inc. is a digital contract management company based in the US, specializing in the efficient execution of online agreements and facilitating compliance through innovative solutions for businesses.PactSafe, Inc. is a digital contract management provider, founded in 2013 and headquartered in Indianapolis, US. The company was acquired by Ironclad, Inc. in March 2021 from multiple investors including Acceleprise Ventures and Elevate Ventures. The acquisition terms were not disclosed, and the firm has engaged in a total of 6 deals. The company's latest funding round was Series A, raising USD 5.50 mn, with investors including Elevate Ventures and Mercury. 

PactSafe’s primary offering is a digital contract management solution designed for executing online agreements. This platform enables organizations to create and manage legally binding click-to-accept agreements, such as terms and conditions and non-disclosure agreements. Its user-friendly interface simplifies contract processes, making it particularly useful for mid-to-large enterprises that manage high volumes of non-negotiated contracts, and serves diverse clients across technology and other sectors globally.PactSafe's revenue model is based on subscription services for its contract management solutions. Clients subscribe to access the platform's features, with tiered pricing based on contract volume and required functionalities. This model fosters ongoing client relationships, allowing organizations to streamline contract acceptance processes while easing the administrative load on their legal teams.PactSafe aims to expand its product offerings and geographic reach. The company is currently designing new features aimed at enhancing user experience and increasing operational efficiency. With recent funding from the Series A round, PactSafe plans to invest in market expansion, targeting regions in North America and Europe by the end of 2023. The funding will support product development and marketing efforts to improve its position in the digital contract management landscape.

## Funding rounds

- Series A, Jul 11, 2018, $5.5M — Signal Peak Ventures, Mercury, Elevate Ventures, Vulpes Investment Management
- Seed, Aug 31, 2016 — M25
- Seed, Nov 11, 2015, $1.2M — Elevate Ventures, Forum Ventures, Vulpes Investment Management

## Investors

- Elevate Ventures (https://capitalatlas.ai/funds/elevate-ventures) — Seed, Series A
- Forum Ventures (https://capitalatlas.ai/funds/forum-ventures) — Seed
- Vulpes Investment Management (https://capitalatlas.ai/funds/vulpes-investment-management) — Seed, Series A
- M25 (https://capitalatlas.ai/funds/m25) — Seed
- Signal Peak Ventures (https://capitalatlas.ai/funds/signal-peak-ventures) — Series A
- Mercury (https://capitalatlas.ai/funds/mercury) — Series A