Pactum raises $54M for its procurement automation platform Pactum AI Inc., a startup that helps companies secure more favorable contractual terms from their suppliers, has closed a $54 million funding round led by Insight Partners. The Series C investment was announced today. It comes about a year after Pactum’s previous raise, a $20 million round backed by shipping giant Maersk AS. The company has raised more than $100 million in total funding since its 2019 launch. Large enterprises often sour...