Pactos Raises €2.7M to Streamline AI-Driven External Staff Management Across Europe

Pactos Secures €2.7M to Optimize AI-Driven External Staff Management

Pactos, a Munich-based startup, has raised €2.7 million in a pre-seed funding round led by High-Tech Gründerfonds (HTGF). The company focuses on streamlining the management of external workforce through its AI-powered platform, addressing common inefficiencies and legal risks faced by many organizations.

Addressing Challenges in Contingent Workforce Management

Many companies still rely on fragmented tools for managing contingent workers, which can lead to compliance issues and operational inefficiencies. Pactos’ AI platform automates contract reviews and tracks external assignments in real time. It also securely stores all relevant data, providing procurement, HR, legal, and finance teams with detailed insights.

Seamless Integration and Compliance

The platform integrates smoothly with existing IT systems such as zvoove, making adoption straightforward. Clients including Swissport, Knuth, and Unique Personal already use Pactos to manage thousands of external workers. The system is certified to international standards and fully compliant with GDPR requirements.

Market Opportunity and Future Plans

The European contingent workforce market exceeds €230 billion, highlighting significant potential for growth. Pactos plans to use the funding to enhance its AI functionalities and expand its development team in the DACH region.

For managers looking to improve external workforce oversight and reduce legal risks, AI solutions like Pactos offer practical benefits. To explore more about AI tools that can improve workforce management and operational efficiency, visit Complete AI Training’s AI tools page.