The ai-driven
Legal as a Service Platform
for Venture Capital Investments

PACTA enables you to automate your legal processes with the help of artificial intelligence and monitor them in a data-driven way. Create intelligent legal communication channels on demand for your lawyers and investment targets and control your startups' contracts remotely.

BENEFITS

Time is money. Especially in the context of venture capital investments this principle is decisive. You cannot and do not want to spend days or weeks dealing with legal bureaucracy. This is exactly where we come in.

1

Risk Minimisation & Growth Hack

Start-ups usually draw up and conclude contracts without legal advice or need a lot of time and money to manage the legal tasks. Investors, on the other hand, often only have access to these legal documents upon request.

With PACTA, your employees or lawyers manage all the contractual processes of your start-ups on the side, during ongoing operations. You define a legal framework within which your start-ups can move freely. Your start-ups can then access legally compliant contracts on demand and create or check them continuously within a few minutes.

This way, you eliminate an average of 75% of the sources of error for your start-ups and offer them a legal toolbox with which you can scale your business faster and more effectively than ever before.

2

Central legal management of your investments

Usually, you communicate with your start-ups and lawyers independently of each other.

PACTA brings your analysts, investors, lawyers and start-ups together on one platform and maps the right workflows for each internal and external stakeholder.

Thus, you create a uniform solution for all parties involved and optimise the entire life cycle of your investments from letter of intent to due diligence and exit.

3

Virtual assistance for contract review & monitoring

Your legal analyses involve numerous trivial processes. Especially in due diligence, manually searching through legal documents and finding metadata, risks and deadlines is tedious and time-consuming. In addition, filtering your investment documents by specific objects or market segments is extremely time-consuming.

PACTA brings your contracts to life. Our artificial intelligence "Themis" analyses and extracts all relevant metadata and deadlines for you. Monitor contract contents as well as risks of your start-ups and investment contracts with the help of "Themis" and let it remind you of terms as well as milestones.

This way you reduce your review workload, finish due diligence processes on average 25% faster than before and minimise your risks in the process. Your portfolio managers also produce their quarterly reports within minutes.

4

Scalable legal hub on demand

Your own text modules for LoI, NDAs and shareholder agreements are scattered across many different Word documents, which you search for and update individually.

With PACTA, you develop automated forms and contract review workflows for your entire organisation based on your own templates and drafts. You enter your text blocks once into PACTA Forms or the PACTA Clause Database and then continuously create perfectly formatted drafts of your contracts and other pleadings within minutes. Update these text blocks centrally in the Clause Database and our artificial intelligence "Themis" automatically updates all forms with the changed text blocks (streamlining).

This way you increase your productivity as well as the processing volume of your employees by an average of 41%.

5

Halve your coordination and negotiation time

You coordinate with your colleagues, lawyers and start-ups via endless email chains and hundreds of comments and negotiate Word or PDF documents in mark-up mode and circulation.

In the PACTA Collaboration Room, you negotiate and edit your documents together with all parties in real time. This halves both the number of negotiation steps and the time needed to coordinate with the contracting parties and consultants. In addition, PACTA records all processing procedures, approvals and signatures in an audit-proof manner and makes them available to you in a complete audit trail.

6

Resource and cost savings

Concluding contracts by hand-signing, mailing and returning paper documents is not only time-consuming but also resource-intensive.

With PACTA, you can have your own and your start-ups' contracts digitally approved and signed within seconds, instead of waiting an average of two weeks for the documents to be returned.

In so doing you can also protect the environment and save costs. For example, a medium-sized company would save an average of almost 300,000 pages of paper, 4.3 tons of wood and 1.5 tons of CO2 per year.

7

Digitisation of your paper contracts

We understand that not all companies work with digital documents yet. The step to digitalisation is not always easy and often requires good change management.

We have also thought about this problem and make this step as easy as possible for you. PACTA comes with automated text recognition (OCR) software that automatically turns simple scans into readable PDF documents. This way, digitisation reaches you sooner and easier than you expect.

CLM

Process Automation

PACTA Workflows

1

Automated Document Drafting

PACTA Forms

2

Automated Contract Review

PACTA Risk Analyser

3

DMS, OCR, Collaboration & Negotiation

PACTA Cloud

4

Approval & Signatures

PACTA Signatures

5

Monitoring & Reporting

PACTA Analytics

6

Compliance & Streamlining

PACTA Clause Database

BEST PRACTICES

Minimise your legal workload over the entire lifecycle of your investments to a few mouse clicks. For example, your new PACTA workflow for starting an investment cycle could look like this:

1

Automated drafting of NDA and Termsheet by mouse click with PACTA Forms

2

eSignature of NDA & Termsheet by both sides

3

Due Diligence: Startup Document upload and automated access management in PACTA Cloud (Data Room)

4

Due Diligence: Automated Data extraction and analysing in filterable Table with PACTA Analytics

5

Automated drafting of shareholders / investment agreement  by mouse click with PACTA Forms

6

Approval of the shareholders / investment agreement by the responsible lawyer via mouse click if needed

7

Automated sharing of shareholders / investment agreement with all parties

8

Negotiation of investment terms in real time in PACTA Collaboration Room

9

Approval of investment terms by all sides via mouse click and automated dispatch to notary or sharing with notary on PACTA

10

Automated tabular listing of all startup data, process steps and text edits in one audit trail

11

Startup starts contracting with clients and employees by creating contracts with PACTA Forms built by your law firm

12

With PACTA Analytics you take control and data-driven analyse all contracts of your startup

With PACTA you can scale your investments even faster, with less risk and more sustainably. Learn how and get the first 5 PACTA signatures for free every month in the first year of your contract:

CURRENT CUSTOMERS

Our customers trust in PACTA and our expertise.

"With PACTA, we can integrate our standard contracts into our law firms website as digital forms with the look and feel of our brand. This is more efficient for our clients and us, as we may focus on non standard legal work."

Dr. iur. Thomas Nägele LL.M., Managing Partner at NÄGELE Rechtsanwälte LLC

"With PACTA, we can automate the creation of bond terms and conditions as well as investment and securities information sheets with a high degree of individualisation. This gives us more time to structure investment and hedging concepts on a case-by-case basis and to advise our clients individually on financing issues."

Dr. Matthias Möller, Partner at SCHIEDERMAIR Rechtsanwälte in Frankfurt am Main

"We operate one of the largest online law firms in Germany. PACTA is our technical basis with the help of which we can create and update our online contract forms in a scalable way. PACTA offers us a significant speed and efficiency advantage over our competitors. It enables us to offer all our consulting services at any time, on demand, with the highest quality and at fair prices. In addition, we gain more time for client support."

Dr. Georg Schröder, LL.M., Managing Director at legal data Schröder Rechtsanwaltsgesellschaft mbH

"By using PACTA, we were able to accelerate our digitisation process in an uncomplicated and fast way. PACTA offers us the possibility to work even more efficiently and independent of location."

Thomas Knüppel, Partner at Klopsch & Partner Rechtsanwälte mbB

"Without PACTA, it is hardly conceivable that a consultation with a lawyer in a distant city could proceed in this way. As a company that offers digitisation projects ourselves, we are very enthusiastic about the potential of PACTA."

Jörg Godau, Managing Director at VRR Consulting

FAQ

What exactly is meant by document automation?

Michael Czapla

Senior Sales Professional

With PACTA, you can automate more than just the creation of contracts. Rather, with PACTA you can automate all your legal operations holistically. From upload to draft, approval, signature, data extraction and deadline management - with PACTA you automate the entire lifecycle of legal documents.

How does document analysis work?

Arthur Gogohia

Data Scientist

For our automated extraction of relevant information from documents, we rely on state-of-the-art deep learning architectures. In the first step, a specially trained neural network recognises important parts within a document. In the second step, our algorithms process this information into insightful findings. In the third step, the data is sorted and clearly presented on the platform.

How does automatic text recognition work for documents?

Jeffry Cacho

Data Scientist

We achieve automated extraction of text from scans in two steps. First we use image processing algorithms to optimise the quality of the scans. Our customised deep learning model then detects existing text in the image with pixel precision and converts it into digital text. This makes scans searchable and eliminates the need to manually type out the text.

Presse