Revolutionizing Private Markets: Pactio Secures $14M in Series A Funding
April 12, 2024, 3:33 pm
London-based digital infrastructure firm, Pactio, has successfully raised $14 million in Series A funding, led by EQT Ventures. The company is on a mission to transform the private markets landscape by injecting advanced technology, including AI, into deal creation and closing workflows.
Pactio's CEO, Eric Heimark, a former PE investor with a software engineering background, recognized the need for a digital transformation in the private markets industry. He emphasized the importance of upgrading outdated tech to match the complexity of workflows and the talent involved in private market transactions.
The company's innovative solution streamlines private capital flows, addressing the root causes of complexity and de-risking workflows. By digitizing transactions from the outset, Pactio aims to lay a solid digital foundation for the entire investment lifecycle.
With a track record of supporting transactions worth $10.7 billion across various jurisdictions and asset classes, Pactio has garnered support from industry leaders and tech angels. Notable investors in the oversubscribed Series A round include Matt Henderson, Tom Greenwood, Tom Blomfield, Matt Robinson, Charles Delingpole, Jim Freis, Charlie Songhurst, Weiheng Zhang, and Entrepreneur First.
Pactio plans to utilize the funding to expand its digital architecture and enhance its AI capabilities, catering to the evolving needs of private markets. The company's vision of becoming the missing infrastructure layer for private capital has attracted widespread interest and support from investors and industry insiders alike.
In a rapidly evolving private markets landscape, Pactio's digital transformation efforts are poised to elevate the quality of work, reduce risk, and drive ownership expansion in the industry. With a strong team, compelling vision, and early traction with industry leaders, Pactio is well-positioned to revolutionize the private markets ecosystem.
Pactio's CEO, Eric Heimark, a former PE investor with a software engineering background, recognized the need for a digital transformation in the private markets industry. He emphasized the importance of upgrading outdated tech to match the complexity of workflows and the talent involved in private market transactions.
The company's innovative solution streamlines private capital flows, addressing the root causes of complexity and de-risking workflows. By digitizing transactions from the outset, Pactio aims to lay a solid digital foundation for the entire investment lifecycle.
With a track record of supporting transactions worth $10.7 billion across various jurisdictions and asset classes, Pactio has garnered support from industry leaders and tech angels. Notable investors in the oversubscribed Series A round include Matt Henderson, Tom Greenwood, Tom Blomfield, Matt Robinson, Charles Delingpole, Jim Freis, Charlie Songhurst, Weiheng Zhang, and Entrepreneur First.
Pactio plans to utilize the funding to expand its digital architecture and enhance its AI capabilities, catering to the evolving needs of private markets. The company's vision of becoming the missing infrastructure layer for private capital has attracted widespread interest and support from investors and industry insiders alike.
In a rapidly evolving private markets landscape, Pactio's digital transformation efforts are poised to elevate the quality of work, reduce risk, and drive ownership expansion in the industry. With a strong team, compelling vision, and early traction with industry leaders, Pactio is well-positioned to revolutionize the private markets ecosystem.