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DateInvestorsAmountRound
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N/A

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$475k

Seed

$880k

Seed
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$320k

Seed
N/A

$1.0m

Convertible

N/A

Seed

$5.5m

Series A

N/A

Acquisition
Total Funding$8.2m

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PactSafe is a technology startup that specializes in digital transaction management, focusing on simplifying and securing the process of creating, sending, and tracking legal agreements online. The company primarily serves businesses that need to manage large volumes of contracts and legal documents efficiently. This includes sectors like e-commerce, software, finance, and healthcare, where quick and secure contract management is crucial.

Operating in the digital contract management market, PactSafe offers a cloud-based platform that allows businesses to automate their contract workflows. This includes features like clickwrap agreements (where users agree to terms by clicking a button), e-signatures, and real-time tracking of contract acceptance. The platform ensures that all legal agreements are captured and stored securely, providing a clear audit trail for compliance purposes.

PactSafe's business model is subscription-based, meaning clients pay a recurring fee to access the platform and its features. This model provides a steady stream of revenue and allows the company to offer continuous updates and support to its clients. The company makes money by charging businesses based on the number of contracts they manage and the level of service they require.

In summary, PactSafe is a key player in the digital contract management space, offering a robust platform that helps businesses streamline their legal processes. By focusing on automation and security, PactSafe enables its clients to handle contracts more efficiently, reducing the time and cost associated with traditional paper-based methods.

Keywords: digital contracts, e-signatures, clickwrap agreements, contract automation, legal tech, cloud-based platform, compliance, subscription model, workflow management, secure transactions.

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