The round was spearheaded by EQT Ventures.
In brief:
- Pactio is carving out a niche in the expansive private capital market, which is projected to grow to $29tn in assets under management (AUM) by 2040.
- The company’s mission is to build the critical infrastructure missing in today’s fragmented market landscape, focusing on the early stages of deal creation. Their platform integrates advanced technology, including artificial intelligence (AI), to streamline the entire investment lifecycle, from deal sourcing to exit.
- The newly acquired funds will be utilised to broaden the capabilities of Pactio’s digital architecture.
What does this mean?
Pactio CEO Eric Heimark shared, “Private markets are evolving into one of the largest and most complex asset classes in the world, yet this progress is being impeded by reliance on manual workflows and a tech stack that’s 30 years out of date.
