Panax

About

Funding history · 2 rounds · $15.0M total

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

When was Panax founded?

Panax was founded in March 2022.

What is Panax's primary business focus?

Panax provides an AI-driven automated cash management solution designed for finance teams to improve visibility, increase capital efficiency, and achieve total control over cash flow.

How much funding has Panax raised in total?

Panax has raised a total of $15,000,000 USD.

When did Panax complete its Seed funding round, and who was the lead investor?

Panax completed its Seed funding round in March 2022, with TLV Partners as the lead investor.

When did Panax raise its Series A funding round, and which investors participated?

Panax raised its Series A funding round in May 2024, with participation from TLV Partners and Team8.

How many employees does Panax currently have?

Panax currently has 68 employees.

Where is Panax headquartered?

Panax is headquartered in Tel Aviv-Yafo, Israel, and also has an office in New York, NY, USA.

Who are the co-founders of Panax?

The co-founders of Panax are Noam Mills, Niv Yaar, and Sefi Itzkovich.

What was a notable achievement of Panax co-founder Noam Mills before Panax?

According to a May 2025 article, Panax co-founder Noam Mills was the top-ranked fencer in the world in her age group at 19 and was on the path to becoming an Olympic athlete.

Sectors & technology

Highlights