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.
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.
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.
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.
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%.
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.
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.
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
Collaboratively create, check, negotiate, digitally sign and update legal documents, and analyse processes in a data-driven manner and make them available across organisations. Offer your employees, advisors and start-ups a complete Legal as Service package from due diligence to exit.
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.
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.