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Pactio Secures £11.2M Funding to Revolutionize Private Equity Operations

Chrissie Jonathan

Chrissie jonathan

10 April 2024

London-based Pactio secures £11.2M in Series A funding led by EQT Ventures to revolutionize private equity operations with next-generation digital infrastructure. The oversubscribed round includes well-known digital angels and insiders in the private equity space, such as Matt Henderson and Tom Greenwood.

Pactio's digital architecture is designed to address the increasing complexity of private capital markets, with the AUM predicted to nearly treble to $29 trillion by 2040. The company aims to de-risk workflows and improve work quality with its advanced technology solutions.

Pactio's remarkable uptake in the industry is highlighted by endorsements from leading global professional advisers, top law companies, and private equity firms. The funding will be used to scale the team, extend the digital infrastructure, and expand AI improvements.

Tom Mendoza, Partner at EQT Ventures, states, 'We knew they were the team to back, with their early traction, industry and tech experience, and compelling vision for becoming the missing infra layer for private finance.'