Last updated 2026-06-18
- Raised $10M funding round, May 2024
- Raised $5M funding round led by TLV Partners, Mar 2022
Total raised
$15.0M
Last: 2024-05
Stage
Series A
Founded
2022
Headcount
68
HQ
Tel Aviv-Yafo, Israel
Sector
Fintech & Insurtech
About
Panax provides an automated cash management solution designed to help finance teams improve visibility, increase capital efficiency, and achieve total control. Panax enables finance teams to streamline their day-to-day cash and liquidity management in order to achieve optimal results.
Funding history · 2 rounds · $15.0M total
2024-05
$10.0M
2022-03
$5.0M
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
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
| Former names | panax tech, PANAX COMMERCE |
|---|---|
| Founded | 2022-3 |
| Employees (exact) | 68 |
| Offices | New York |
Radar intelligence
Patents
| EPO | 126 |
|---|
Publications (Crossref)
| Works | 10 |
|---|
Web history (Wayback)
| Domain | panax.com |
|---|
Certificate / subdomain footprint
| Subdomains | 3 |
|---|