Last updated 2026-07-20
- Raised $10M Series A led by Team8, Apr 2024
- Raised $5M Seed round led by TLV Partners, Feb 2022
Total raised
$15.0M
Last: Undisclosed Round 2024-05
Stage
Series A
Founded
2022
Headcount
125
HQ
Tel Aviv-Yafo, Israel
Sector
Fintech & Insurtech
About
Panax provides an AI-driven cash flow management platform that centralizes, automates, and streamlines treasury analysis and processes. It offers real-time access to cash positions, critical insights, and cash forecasting by consolidating data from banks and ERP systems into a unified platform, helping finance teams gain visibility and control over cash operations and optimize liquidity.
Funding history · 2 rounds · $15.0M total
2024-04
A Round
$10.0M
★ Team8★ TLV Partners
2022-02
Seed
$5.0M
★ TLV Partners
Headcount over time
From 10 (2023-03) to 72 (2026-03) · +62 (+620%) · 19 points · source: Finder history + radar grounding
Q&A
- What is Panax's primary business?
- Panax provides an AI-driven automated cash management solution designed to help finance teams improve visibility, increase capital efficiency, and achieve total control over their day-to-day cash and liquidity management.
- When was Panax founded?
- Panax was founded in March 2022.
- Where is Panax headquartered?
- Panax is headquartered in Tel Aviv-Yafo, Israel, with an additional office in New York, USA.
- What is the total amount of funding Panax has raised to date?
- Panax has raised a total of $15,000,000 USD.
- When was Panax's most recent funding round and who were the investors?
- Panax's most recent funding round was in May 2024, with investments from TLV Partners and Team8.
- Who are the co-founders of Panax?
- The co-founders of Panax are Noam Mills (Co-founder & CEO), Niv Yaar (Co-founder & COO), and Sefi Itzkovich (Co-founder & CTO).
- In which sector does Panax primarily operate?
- Panax primarily operates in the Fintech & Insurtech sector, specifically focusing on Financial Operations Software.
Team · 3
Noam Mills
Founder · CEO
Sefi Itzkovich
Founder · CTO
Niv Yaar
Founder · CBO
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechFinancial Operations Software
Technologies
Platforms & InterfacesWeb
Business model
B2B
Highlights
Verified
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | panax.com |
|---|---|
| linkedin.com/company/90915183 |
Identifiers & details
| Legal name | PANAX TECH LTD |
|---|---|
| Former names | panax tech, PANAX COMMERCE |
| Founded | 2022-3 |
| Employees (exact) | 125 |
| Offices | New York |
Radar intelligence
Patents
| EPO | 126 |
|---|
Publications (Crossref)
| Works | 10 |
|---|
Web history (Wayback)
| Domain | panax.com |
|---|
Certificate / subdomain footprint
| Subdomains | 3 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 516573185 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2022-03-03 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2025 |
| Active charges / liens | 0 |
| Registry events | 1 — shares_capital (1) |
| Registered address | שד' שאול המלך 8 תל אביב - יפו |
Recent registry events
| Date | Event |
|---|---|
| 2026-04-19 | הקצאת מניות |